Do KGS accept counter offers?

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They didn't for me. You can try, depends upon BU and urgency.

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Very very rarely

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Yes they do. Two of my colleagues provided counter offer to HR and HR revised the offers on one condition that this will be final offer and no more revisions or counter offers would be entertained

Tip for you: Go to KGS HR 7 days before your last working day. Enough time for you to get the revised letter and for HR, very less time to waste time as you won't be available after 7 days to join their company so they have to respond quickly and mostly positively with good hike so that you join

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Great, thanks for the input.

Anyone?

Did you got hike basis counter offer?

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