The US move to reduce the number of H1B visas to 65,000 from 195,000 will affect the Indian information technology industry in the long run, Kiran Karnik
Oracle is set to recruit about 300 IT professionals in India by this year-end, Keith Budge, regional managing director, South Asia, Oracle said on Monday.
As the United States plans to reduce the number of H1-B visas to 65,000 from 195,000, India's apex body National Association of Software and Service Companies sought to cap it between 120,000 and 130,000
At the end of Q1, Infosys had 1,79,523 employees.
However, the IT industry body is confident that software exports will touch the $50 billion mark by 2008, as predicted earlier.
Nine people from Himachal Pradesh, including a key Hindu Raksha Mahasabha functionary, three former armed forces personnel and two retired officers of the state administrative service, joined the Aam Aadmi Party on Friday.
The National Medical Commission in the Professional Conduct Regulations also bar doctors from endorsing any drug brand, medicine or equipment, or advertise them.
The Bill would impact only Indian companies.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
This will be the first time BJP's prime ministerial candidate holds a discussion with IT, telecom czars.
Commonwealth Games bronze medallist gymnast Dipa Karmakar excelled with a total of five gold medals for Tripura but the Services Sports Control Board (SSCB) continued their domination in the overall standings on day six of competitions in the 35th National Games in Thiruvananthapuram on Friday.
Shareholders are slated to vote on July 18 on the $24.4 billion buy-back offer of Michael Dell and private equity firm Siliver Lake to go private. But reports suggest that there are, however, stiff opposition, with counter offer.
Nasscom had estimated 12-14 per cent growth for the Indian software services industry in FY'14, and it aimed to achieve revenue of $300 billion for the IT industry by 2020.
The catchwords today are digital, analytics, robotics.
With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping $100 billion mostly in salaries annually, says a report. The domestic IT sector employs around 16 million, of them around 9 million are employed in low-skilled services and BPO roles, according to Nasscom. Of these 9 million low-skilled services and BPO roles, 30 per cent or around 3 million will be lost by 2022, principally driven by the impact of robot process automation or RPA. Roughly 0.7 million roles are expected to be replaced by RPA alone and the rest due to other technological upgrades and upskilling by the domestic IT players, while it the RPA will have the worst impact in the US with a loss of almost 1 million jobs, according to a Bank of America report on Wednesday.
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The IT bellwether currently has about 28,000 employees in West Bengal in different facilities and it expects to recruit around 4,000 more in the current year.
If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.
The US government should not only look at salary, but also focus on skills while making immigration reforms
The report also referred to Prime Minister Narendra Modi's visit to Israel in July 2017.
Theresa May's visit to a Bengaluru aerospace systems supplier is seen as the UK's strategy to pursue new defence deals.
It's the second time Nasscom has projected single-digit growth in a decade.
The US government has removed a regulation proposed by former president Donald Trump's administration that sought to narrow the definition of "specialty occupation" under the H-1B visa regime. The change comes as a relief for Indian information technology firms, which are among the largest users of such visas. "The Department of Homeland Security (DHS) has formally vacated a regulation that would have redefined the H-1B specialty occupation, restricted off site placement of H-1B employees, and otherwise increased employer compliance obligations. "The vacatur follows a federal court ruling that set aside the regulation because the agency did not have good cause to bypass notice and comment rulemaking, in violation of the Administrative Procedures Act," explained immigration law firm Fragomen.
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
Nasscom recommended that there should be 'no double dipping'.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
Nasscom set up a task force last year, to position India as a global hub for providing cybersecurity solutions
Nasscom's current president Som Mittal's term expires in January. However, Chandrasekhar, expecting to get the necessary approvals from the government soon, will start work from next month to get familiar with the organisation.
Volkswagen mess costs Germany its strongest nation brand position.
In addition, for those applying for certain L-1A and L-1B must submit an additional $4,500.
'Other countries go out on a limb to save even a single life.' 'What to talk of civilian accidents and disasters, even our military does not have a priority for Combat Search and Rescue,' says Group Captain P I Muralidharan (retd).
Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers
This provides for H-1B extensions beyond the 6-year limit.
Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.
Huawei willing to place its software code with government.
AI, cloud computing, data analytics are a few areas companies are looking for proficiency in
