After the attrition started zooming TATA Consultancy Services (TCS) is working on a plan to initiate the promotions which are on hold for almost two years now. Some of the HR are advising the employees who are resigning to wait for 2 more months to see improvements within TCS, indirectly meaning that management and corporate office are ready to give back the benefits and promotions once again.
This has been confirmed by more than one source and employees can expect relief within next month, though all eligible candidates might not get their promotions, atleast those who are waiting according to their seniority are expected to be given their due. And it is expected the situation will gradually improve.
You can read about the current attrition crisis in TCS here