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H1-B Visa News
Trump to sign executive order on reform of H-1B visa system
Tue, Apr 18, 2017
Trump is scheduled to travel to Milwaukee, Wisconsin, the home state of House of Representatives Speaker Paul Ryan, to sign the 'Buy American, Hire American' Executive Order.
Infosys to ramp up local hiring in US amid visa concerns
Sun, Apr 16, 2017
Any change in visa norms can affect the movement of labour as well as spike operational costs for the IT players.
Here's why TCS, Wipro shares slid after Infosys Q4 result
Thu, Apr 13, 2017
Vishal Sikka's Infosys announced its fourth quarter ended March 31, 2017 result on Thursday.
US announces measures to detect H-1B visa fraud and abuse
Tue, Apr 04, 2017
The US today announced multiple measures to "deter and detect" what it described as "fraud and abuse" of H-1B work visas, the most sought after by Indian IT firms and professionals.
No policy yet in US to curb visas, we are talking: Swaraj
Thu, Mar 30, 2017
External Affairs Minister Sushma Swaraj said in the Rajya Sabha that the Indian government is talking to the Trump administration as well as the US Congressmen, giving proper data and reasoning to press home the point that the relationship between Indian IT companies with the US is mutually-beneficial.
Our IT cos not stealing US jobs, but creating them: Ravi Shankar Prasad
Sat, Mar 18, 2017
Responding to a query on cyber security, Prasad said the government is concerned about it and is doing its bit to deal with the threat.
Indian IT industry contributes immensely to US economy: NASSCOM
Fri, Mar 03, 2017
Chandrashekhar said the Indian IT industry actually contributes immensely to the US economy in terms of jobs that are created in America, both directly and indirectly.
Here's why Mukesh Ambani thinks Donald Trump is a blessing in disguise for India
Wed, Feb 15, 2017
Reliance Industries chairman and managing director Mukesh Ambani at Nasscom India Leadership Forum press conference in Mumbai on Wednesday said he thinks US president Donald Trump is a blessing in disguise for India.
Here are key things Tata Sons chairman designate N Chandrasekaran said at Nasscom India Leadership Forum
Wed, Feb 15, 2017
Tata Sons chairman designate N Chandrasekaran while speaking at Nasscom's India Leadersip Forum in Mumbai touched up several issues like H1-B visa, digital push, digital education, etc.,
Nasscom projects Indian IT sector to grow at 8.6% in FY17; defers industry growth prediction for FY18
Wed, Feb 15, 2017
IT industry body Nasscom has said on Wednesday that the Indian IT-BPM industry will grow at 8.6% in FY17 and has deferred its the sector's growth projection for FY18 fiscal.
The changes proposed in allocation method will impact only fresh H1-B visa applicants, says JM Financial
Mon, Feb 06, 2017
The proposed changes in the US presidentail executive order on visa programs is likely to impact only fresh H1-B visa applicants.
Market add smart gains for second week, up 358 points
Sat, Feb 04, 2017
Clear-cut market-friendly budget proposals charmed the investors sentiment leading the key indices to leap four month highs, focus on fiscal discipline, tax balm for investors including clarity on FPI taxation, massive capital infusion for Public sector banks, Infrastructure, agriculture sector resonated the stock momentum.
H1-B visa proposed minimum wage hike negative for Indian IT industry: ICRA
Wed, Feb 01, 2017
With the US President Donald Trump is expected to sign a new executive order aimed at killing work-visa programmes including the H1-B and L1 visas as part of a larger immigration reform, the order if passed is projected to be negative in the medium to long term for the Indian IT Services sector,
US president Donald Trump should analyse skill shortage in US before signing bill on immigration: Nasscom
Tue, Jan 31, 2017
India's software industry body Nasscom has suggested US president Donald Trump to calibrate the conditions keeping in mind the skill shortage in the US.
Modi, Trump discuss South Asia security; will stand together to fight terror
Wed, Jan 25, 2017
President Pranab Mukherjee invited Trump to visit India when he congratulated him on assuming the presidency.
HCL Technologies hiring more locals in US, says visa dependency down
Tue, Jan 24, 2017
HCL Technologies on Tuesday said it has "stepped up" efforts in the US for campus and entry-level hires to support growth in coming quarters even though a "very high percentage of employees" is already local hires.
IT stocks shrug uncertainties over Trump's H1-B curbs
Thu, Jan 12, 2017
A PTI report on Thursday said, “US President-elect Donald Trump's nominee for the post of Attorney General has assured lawmakers of taking steps towards pushing legislative measures to curb misuse of H-1B and L1 work visas significantly used by Indian IT professionals.”
Tata Consultancy Services to announce third quarter results today; here's what to expect
Thu, Jan 12, 2017
Sandip Agarwal and Pranav Kshatriya analysts of Edelweiss Financial Services said, “TCS’ execution capability, client relationships and leadership are impeccable. We believe, few niggling issues like LATAM, Diligenta and Japan, which have taken a toll on the company’s overall growth rate in past few quarters, are probably in the last leg and be largely over by FY18."
US H1-B Bill, if passed, will erode margins of Indian IT companies
Tue, Jan 10, 2017
The ratings agency said, "If implemented will reduce the talent pool qualifying for such visas and in turn result in either increased employee cost for hiring employees with higher qualification or subcontract work, both of which would increase the cost of operations and pressurise margins."
US H1-B visa restrictions unlikely to impact Indian IT firms
Mon, Jan 09, 2017
Contrary to popular belief that the Indian IT industry is going to be impacted by the US H1B visa restrictions, there are many reasons why it won't be hit.