Is Publicis Sapient known to offer low compensation?

I mean, with the 2hr long technical interviews and even a 'core value' round, you'd expect some basic industrial standard right? Doing my vague research online, it looked like a reputed company with good work culture and all, so I didn't even bring up the CTC expectations till the HR round. All I asked for was a 30% increase and I'm being offered less than 12% increase.

I have 6 years of experience with Java, springboot microservices. Previous CTC: 23LPA WFH. New job location is Bangalore. Do they really expect people to relocate to Bangalore with a 2.6 Lakh increase in annual CTC? I know market is dull, but I didn't expect this😅