Pros
I haven't found any pros here.May be the initial package will be good if you negotiate well.
Cons
First things first, the place is awful at Somajiguda,Lakeshore Towers,Hyderabad.It wont look like a software company but like a fish market as there are other small companies(not software)/consultancies exists. 2)There is no proper parking available and your vehicles will swim in the water if it rains heavily(water logging) 3)Coming to working style, this is onsite/off shore model.Each local employee will be assigned a onsite mentor and you need to wait for him/her for status meeting from 7:30 pm on wards.The reviews will take place once they are online and they make sure you complete them on the same day sorry night for us in India.There is a lot of dependency created so you will be spend time like you are working in US timings. 4)The V3 Benefits framework is so complex to work with but there wont be any documentation or any technical training's. You will be dependent on fellow developers or your mentor in US. Even if you are 7 plus years of experience and end up slogging day and night to finish the work due to tight deadlines. 5)There is no development work here and you end up fixing only bugs and bugs and more bugs. 6)There is no appreciation from the management, you just work 24/7 7)Appraisal is a farce here.Your US manager decides the hike percentage and will let you know the number and there ends the matter.No negotiations. 8)There wont be any teams here.You and your mentor in US forms a team.If you stuck in some issue and you may/may not get help from others as every one works in different modules and they may not even know what needs to be done in that module and you need to wait for your mentor(its painful to wait if you don't have any other issues/you are not clear whats need to be done for other issues in your bucket) 9)Last but not least, they will fire people(pink slips) by just looking at 1 or 2 months even though there is no proper training or help from others.