Pros
Video game consoles, carrom board, pool table, table tennis table, free oily snacks, free tea/coffee, free biscuits(monaco, krackjack, jim jam, marie and bourbon), free corn flakes and chocos and finally "bread and butter". Yes you can get bread and butter only in the literal sense here in office. The compensation they offer is not going to help you earn your bread and butter in the figurative sense of the term.
Cons
This company is getting worse with each passing day. I have been with this company for quite some time now and have seen it deteriorate with each passing day - yes every single day. The quality of the work is getting bad. They will put you on some really silly staff augmentation projects where they will force you to work out of the client location. They will send you there and then forget about you. When you resign an ever smiling Director will show up and coax and cajole you as if you are the most important person in the world to him! They make great plans - seriously awesome mind boggling plans which are good to the ears but lack planning to execute. They will force people on the bench to work on projects that the folks don't want to work on. Finally, they will put you on a project which is using some ancient technology like Delphi. Be ready to spoil your career by joining this company. They want to hire in large numbers but don't fall for the big names that the recruitment team will throw your way like - Google, Disney, EA Sports, etc etc. There is nothing great that this company is doing with these clients. Its all smoke without fire. Their appraisal systems are a mystery. We are in the second month of the promised period for a salary revision and there is no update from anybody in the management. When you ask a manager, he points in some other manager's direction and he will in return point at some other manager and so on. Finally, you realize that you have been taken for a ride. In conclusion they have given you the finger in this process! Travel policies are pathetic - it is the only company in the world which does not give you a per diem. Can you believe that? The rationale behind this policy seems that they want to save every single dime to give it back to their shareholders. Yes, the shareholder is who they want to please at all costs. They don't care about their employees. One final observation about this great company in India - The HR team is the worst in the industry. Worse when you get in and even worse once you are in. Best to stay away...