hi puys,
i got selected in infy(3.25 lpa)
and cognizant(3.01 lpa)
which 1 i should go with and what will be the initial inhand salary(and after trng) in infy as cognizant is offering 80 pct inhand.
Congrats for both the offers. During training in Infy inhand salary will be around 15-16K. This is less because there will hostel charges and no performance incentive. Once you finish the training incentive depending on your performance will be given for all the months of training and you may get around 21-23K(again lot of parameters are included).
Exact in-hand will be something like this Net=Gross-Cuttings.
Gross=Basic+DA+Allowances+BonusExgratia+Performance Incentive(if applicable)
Cuttings=PF+Tax+Facilities etc
This is same for all the companies. May be during training CTS salary will be little high as there is no Hostel and they may give training incentive along with the training. I am not sure about after training salary in CTS. It may be around 20-21K.
Refer this for better understanding:
http://www.pagalguy.com/forum/career-discussions/3607-queries-infosys-jobs-postings-call-280.html#post2391528
my hometown is kolkata and probabaly for cognizant i will get posting there.....so is it worth going for infy???
Buddy, never predict the posting location. You may or may not get it. It completely depends on project requirement.
and please seniors do let me know the inhand salary:D and career growth prospect in infy and cognizant
Salary part is mentioned above. Regarding career growth, it depends on the technology you work and the project you get into. So again none knows in which technology they will be trained :shocked:. First things first, very less people work in the same company till their retirement and you tend to shift the companies:D. So not much difference between the two.
I always give suggestion like this:
1. If you are a CS guy/gal and wanted to join MBA within one year, go for CTS as there is no bond period there as far as i know.
2. If you are a CS guy/gal and wanted to settle in IT sector, nothing much difference between the two. If you get into latest technology any comapny will be good.
3. If you are Non-CS guy/gal and wanted to settle in IT sector, better join Infy as it provides basic understanding of all diff. areas in training.
So choice is yours.
Refer this for more understanding:
http://www.pagalguy.com/forum/career-discussions/3607-queries-infosys-jobs-postings-call-284.html#post2450873
P.S---i also intend to enroll for mba within 2-3 yrs so which 1 would be better from that perspective 
Refer this post:
http://www.pagalguy.com/forum/career-discussions/3607-queries-infosys-jobs-postings-call-285.html#post2451331
Refer to posts around 280-285 pages to get more clarity.
Regards,
Hemanth