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Nasscom rejects charges of US visa misuse July 02, 2007 19:55 IST "We have not seen anything beyond allegations," Nasscom President Kiran Karnik said responding to questions at a news conference in Bangalore. "There is no real misuse." Karnik maintained there was no scope for misuse by big IT companies as they were transparent in their functioning. But he maintained there could be some small companies -- he stressed not Indian firms -- misusing them. NASSCOM Chairman Lakshmi Narayanan said authorities in the US were only collecting data in this regard. He added there was no direct accusation or allegation of misuse against Indian IT companies. Two US Senators Richard Durbin and Chuck Grassley last month claimed that top 20 H1-B users, which included Indian IT companies such as TCS [Get Quote], Satyam [Get Quote], Wipro [Get Quote] and Infosys [Get Quote], 'abused' L-Visa programme. Karnik also said the export-driven IT industry was concerned over 'rapid appreciation' of the rupee against the US dollar. "The appreciation was too much, too fast," he said.
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