From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
Trump said he is very close to a deal on DACA.
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.
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.
Most of the 250 freshers Infosys hired from US campuses last year would be deployed in sales
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.
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.
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.
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.
According to experts, while allegations against Indian IT firms of visa misuse are nothing new, this time the scrutiny could be much greater.
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.
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.
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.
The US Congress has imposed a special fee of up to $4,500 on the H-1B and L-1 visas.
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.
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
It was expected to be a friendly Bill for the IT outsourcing industry
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.
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.
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.
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.
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.
.jpg)
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.
Earlier, immigration regulations had set a more stringent standard on the maximum time in H or L status, whether as a worker or an employee.
The president's moves will make it easier for entrepreneurs to work in the United States
The bill proposes to increase the H-1B visa fees to about $5,000 per application.
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.
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.
India has expressed concern over the hike in visa fee by the US, saying it is "discriminatory" and largely affects Indian IT professionals.
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.
Indian IT industry veterans believe lack of maturity from the political leadership may have helped people in the US to take advantages.
The challenges before the IT industry are many and its response over the coming months will shape the future of what has been one of the most vibrant value-creating and livelihood-enabling sectors.
US President-elect Donald Trump has vowed to pull out of the Trans-Pacific Partnership, the world's largest trade deal, and investigate abuses of work visa programmes as he outlined his policy plans for the first 100 days in office.
WH said they are expected to set forth a vision that will expand the bilateral partnership
Why the proposed United States rule change for H-4 (dependent) visa holders is not enough and what you should do about it
