Reduced hiring in the US market due to the lingering impact of the global financial crisis has resulted in a spike in the number of non-resident Indian resumes received by Indian human resources (HR) companies. Over 15,000 NRI resumes have accumulated in the inboxes of headhunters, and the number is set to increase, say HR executives.
If Obama makes it difficult for U.S. companies to send jobs overseas or hire using H-1B visas, India's huge IT sector could suffer
US Consular Officers hosted a chat with readers to address their queries and doubts. The transcript.
The $140-billion Indian IT market is facing challenges on multiple fronts including stricter visa regime in key markets and shortage of skilled manpower for new technology areas like data science.
With countries like the US restricting hiring of foreign workers on H-1B work visas, the UN Secretary-General Ban Ki-moon on Tuesday opposed imposition of restrictions on international migration.
Everyday job cuts, a slump in university admissions and a dwindling demand for H1B visas might project a gloomy US scenario to an average student in India but there is light at the end of the tunnel for those who think ahead.
"For most Americans, the beginning of April signifies the start of spring. For others, it means Opening Day of the baseball season. But for US employers, April first marks the day that US Citizenship and Immigration Services begins accepting new H-1B visa petitions for 2009," it said. "And once again, America's companies will be left in the lurch as the sparse annual allotment of H-1B visas will be reached on the very first day," the association said.
Bank of America has become the first US bank to withdraw job offers made to MBA students graduating from US business schools this summer, citing conditions laid out in its bail-out deal as the reason.
Of the approximately 11,000 employees of Satyam USA, 7,000 are on H1B visas, says Mathew Daniel, a vice president of US operations with the company.
The Budget will obviously be crucial. But US President Donald Trump may have even more of an influence than Finance Minister Arun Jaitley when it comes to sentiment, argues Devangshu Datta.
The arrest of Nilesh Dasondi, noted community activist and Edison zoning board member, in an immigration scam involving his company, Cygate Software and Consulting, has shocked the community. Dasondi, 41, is charged with violations including visa fraud and conspiracy to commit visa fraud.They posed as software experts and were sponsored for H1-B visas by Cygate; in the event, they were running shops or doing other businesses, according to court papers.
Ahead of his India visit on February 24-25, Trump said that India has not treated his country 'very well' on the trade front and indicated that a 'very big' bilateral deal with New Delhi may not be signed before the American presidential election in November.
With the arrest of seven Indians, American authorities have claimed to have busted an immigration racket run by an infotech company owner who charged tens of thousands of dollars from expatriates by fraudulently sponsoring their H-1B work visas.
Even as the H1-B cap for the year was reached for regular and 'advanced degree' students, the Department of Homeland Security announced an extension of the Optional Practical Training period up to 29 months.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
IIM Calcutta (IIM-C) held the first phase of its final placements process between February 21 and 24, which saw a total of 207 offers being made to a total of 265 students from the Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Computer Management (PGDCM) batch of 2007-09.
TCS, Infosys ramp up onshore hiring; Infosys committed to hire 25,000 over 5 years.
Looking for crumbs from Obama doesn't say much for India Shining.
With visas set to max out quickly again, tech companies want more. Amid rising joblessness, does America need more skilled foreign workers?
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
In the wake of ensuing presidential elections in the United States, the Indo-US Business Alliance, a politically strong trade group, is making efforts to get the annual limit of H1B visa raised from 65,000.
India was a very important strategic partner of the US, she said.
The Indo-American Society has organised a seminar on US student and work visas in Mumbai.
They reason that hiring locals abroad -- where they have 'near-shore' (with proximity to the client) development centres -- would help them tap local markets and serve global clients better, win more deals and goodwill in those countries, besides scoring brownie points with the US in an election year (over H1-B visas).
From the perspective of an American worker who is being displaced it does not make a difference whether he is displaced by a visa-dependent company or a non-visa-dependent company or a 50-50 company or whatever: Nasscom president.
Leading Indian and global information technology firms such as Tata Consultancy Services (TCS), Cognizant Technology Solutions, IBM, Satyam Computer Services and Wipro top the list of L visa users for the financial year 2006-07.
A recent US Department of State directive to the US consular posts now requires consulting an electronic record for visa issuance in these categories.
If you are a student in the US with a J-1 or an M-1 visa, what employment options are open to you? Read on to find out.
The depreciating rupee against dollar has a short-term benefit for the IT industry and the sector should not depend on currency management for profits, a top functionary of industry body Nasscom said.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
Industry experts are of the opinion that the spurt in recruitment happened as IT services firms went aggressive on hiring in anticipation of a strong demand environment.
Indian information technology firms continue to be accused of misusing H1B and L1 visas and depriving the US youth of employment opportunities. However, these very IT firms are increasingly hiring locals from foreign countries.
A lot needs to be clarified about your work visa when you are thinking of migrating to US, even if it is for a couple of years. Here's help from experts.
Dr Vakil, a US visa expert, had been a regular contributor to Get Ahead and hosted a number of chats with our readers.
President Trump has been calling for a merit-based immigration system, a move that would benefit the Indian professionals.
Civil rights activist Lakshmi Sridaran argues why South Asians must stand on the right side of history and resist the Trump administration's "systematic attack on the entire spectrum of the US immigration system."
'There will be very strong interest in cooperating with India under any future American administration, but on the margins India will need to be careful not to tip its hand regarding the election.'
Already 15-20 per cent of the workforce, earlier used to be procured from staffing firms and subcontractors, are replaced by freelancers tapped from platforms like Topcoder, GitHub, and Upwork.
In this scenario, the Indian information technology industry and government have two distinct items on the agenda before them.
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