Students will have more H1Bs to count on after they graduate.
Nearly, 40 per cent of Fortune 500 companies have been founded by immigrants or the children of immigrants.
Almost all Indian IT companies would pay between $8,000 and $10,000 per H1B visa from April 1
In a major move that will benefit hundreds and thousands of Indian IT professionals in America, the Biden administration has introduced an ambitious immigration bill in Congress which among other things proposes to eliminate the per-country cap for employment-based green cards.
The US president's stance on immigration could lead to a change in H1B visa rules.
And the First Lady Melania was in tears -- not of joy -- after hearing about the surprise win.
Trump said he is very close to a deal on DACA.
The proposed increase is almost double from the present fee.
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
While companies having fewer visa holders in the US seem to be less exposed to rising protectionism, most front-line IT stocks are trading at attractive levels and, to a large extent, factor in near-term headwinds.
India's software industry mounts two-pronged campaign to tackle Trump administration. Ayan Pramanik & Karan Choudhury report.
Most of the 250 freshers Infosys hired from US campuses last year would be deployed in sales
With Democrats having an upper hand in US Congress, the Donald Trump administration will find it difficult to come up with any future legislative changes with regard to visa regulations.
This was because his wife Anu was not able to join him in Seattle, due to the existing US law that said if a green card holder marries, his/her spouse's visa is rejected.
The US government should not only look at salary, but also focus on skills while making immigration reforms
nfosys chief financial officer Ranganath M said there was confusion in visa costs.
We need to make better efforts to align job training with the skills the market demands of its workers, especially as advancing technology changes the types of jobs available in our economy: Alexander Acosta.
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
According to experts, while allegations against Indian IT firms of visa misuse are nothing new, this time the scrutiny could be much greater.
Announcing the visit from June 25, the external affairs ministry on Monday said the Modi-Trump discussions will provide a new direction for deeper bilateral engagement.
The provisions of the bill related to the conditions on issuing H-1B visas is being opposed by Indian companies, who heavily rely in this category of work visas.
The provisions of the bill related to the conditions on issuing H-1B visas is being opposed by Indian companies, who heavily rely in this category of work visas.
In the second quarter, attrition for the IT firm hit an all-time low of 8.9 per cent, a fall of 120 basis points on quarter-on-quarter basis.
The US Congress has imposed a special fee of up to $4,500 on the H-1B and L-1 visas.
Indian IT professionals in the US have welcomed the proposed immigration bill on several counts, particularly the Green Card, introduction of merit-based visa and increase in H-1B visa quota.
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
The proposed overhaul of popular H-1B visa regime may result in higher operational costs and shortage of skilled workers for the $110-billion Indian outsourcing industry.
It was expected to be a friendly Bill for the IT outsourcing industry
Experts said this would not only reduce Infosys' dependence on the H1B visa, which has seen increased restrictions under the current US administration. It will also help the company in building an employee pyramid for its future operations.
'The China opportunity, the digital opportunity and the end of geography opportunity are the three pieces of luck India got due to Covid.'
A dearth of skilled staff, especially for high-end technologies, coupled with difficulty in obtaining H1-B visas, is prompting Indian IT companies to hire more people on a temporary basis overseas.
Through these new hires and centres, Infosys will also focus on enhancing its play in new technology areas like artificial intelligence (AI), machine learning, user experience, cloud and big data.
India said on Wednesday that it has conveyed its concerns to the United States over the hike in fees for H1B and L category visas and hopes for an 'early resolution' of the issue as the move was affecting Indian companies.
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The immigration bill, from the US point of view, is going to bring in much more talent to the US, which is desirable aid, said economist Arvind Subramanian.
Senator Chuck Grassley on Thursday wrote to the Secretary of State, Hillary Clinton and Homeland Security Secretary, Janet Napolitano, seeking investigation into B-1 visa programme, used by companies to hire foreign workers, not subject to the cap and the prevailing wage requirements of the H1-B programme.
With the many different kinds of US visas, one begins to wonder if getting one visa has any implications on another. Read on to clear your confusion.
The president's moves will make it easier for entrepreneurs to work in the United States
Details of the Trump's executive order were not immediately known.
The bill proposes to increase the H-1B visa fees to about $5,000 per application.
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