India has no work visa similar to the H-1B, nor a reciprocal arrangement with the US. India does not provide employment authorisation to spouses of those who hold an Indian employment visa.
In less than a week of Donald Trump being sworn in as the 45th US President, the "H-1B and L-1 Visa Reform Act" was introduced to prioritise American workers and restore fairness in visa programmes for skilled workers.
'The battle for brain power among Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla and newer AI companies is fierce.' 'Given the race for AI with China, these companies will find it hard pressed to fill that talent gap,' notes an IT professional based in the US.
Indian IT workers are paid considerably less than their American counterparts who have similar qualifications, making the H-1B visa programme "deeply flawed", according to a study.
H-4 is issued to the spouse of H-1B visa holders, a significantly large number of whom are high-skilled professionals from India.
The US Citizenship Act 2023 introduced by Congresswoman Linda S nchez creates an earned roadmap to citizenship for all 11 million undocumented immigrants, providing Dreamers, TPS holders, and some farmworkers with an immediate path to citizenship.
IT firms in the US are struggling to find quality and right number of professionals
The Indian team has returned from the US after holding trade talks with their American counterparts in New York, an official said on Thursday. Commerce and Industry Minister Piyush Goyal, who led the team, will be back on Friday.
'New announcements are made every day which brings tremendous amount of instability and uncertainty.' 'Relying on America has become a big problem.'
Walt Disney staff were reportedly replaced with Indians holding H-1B.
Under these reforms, the H-1B programme will prioritise those workers who are offered the highest wage, ensuring that the highest-skilled applicants are admitted, the White House said.
The US Senate has approved a landmark immigration reform bill that would give citizenship to millions of illegal persons and double the number of H1-B visas from the present 65,000
Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.
IT services firm Wipro on Thursday reported a marginal increase in consolidated net profit to Rs 3,246.2 crore in the July-September quarter, even as company CEO and MD Srini Pallia asserted that the demand environment remains robust with discretionary spends shifting towards AI-related projects.
Most pharma shares dropped, dragging the BSE Healthcare index down by 2.14 per cent after Trump's move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1. Wockhardt shares tanked 9.4 per cent.
Dr Vakil examines the current state of affairs regarding H-1B visa limits in America. How can you best maximise your chance of securing a visa? Read on
An ongoing federal probe into H-1B visa fraud leads to 11 arrests and the indictment of IT services firm Vision Systems Group
US federal authorities have claimed to have unearthed a major H-1B visa racket with the arrest of at least 11 persons, most of them suspected to be of Indian origin.
Two US lawmakers have asked nine foreign-based firms, including some leading Indian companies that used 20,000 of such visas, to disclose details about their workforce and their use of the special programme.
ITServe's lawsuit against the USCIS alleges that the agency has no authority to misinterpret the existing regulations and shorten the approval durations.
'The frenzy for gold is primarily due to the uncertainty surrounding the tariff war.'
As the United States is having a tough time in filling up its annual quota of 65,000 H-1B work visas for highly skilled categories, an official report in Washington has said that the Indian nationals accounted for the 38 per cent of the total H-1B visas issued by the United States last year.
Congress should pass laws that create US jobs, not destroy them," said Marc Apter, president of the Institute of Electrical and Electronics Engineers-USA.
According to the latest figure update by US Citizenship and Immigration Services, approximately 46,700 of the H-1B visas in the general category were filled up by September 25; against a Congressional mandated figure of 65,000.
International companies usually store data on global servers and the requirement to store data locally would require them to make an additional investment. But policymakers in India believe storing data locally would help monitor and conduct investigations if the need arises.
Analysts say the impact on Indian entities would not be immediate
'Techies who did a master's there and moved to US companies look down on Indian companies who they consider as just doing body shopping.'
Dr Arun Vakil, US visa expert, discusses the current shortage of H-1B visas. He tells Get Ahead readers about the various status -- pending, rejected and approved.
In June, Disney had laid off about 250 employees.
The company's H-1B petition on behalf of Anisetty was denied on the sole ground that the job offered to him did not qualify as an H-1B specialty occupation.
With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.
The annual meet also saw some shareholders of the country's second largest IT services company raising concerns over falling operating margins. But many congratulated the management for delivering good FY20 performance despite the tough economic conditions.
A Bill to double the number of H-1B visas to 115,000, with the option of raising the limit 20% annually is now pending before US Congress.
The Senate Judiciary Committee has voted in favour of raising the H1B visa limit from 65,000 to 95,000.
After a promising start in the Senate, a plan to nearly double the quota for H-1B visas for foreign workers has run into trouble in the United States Congress.
The number of applications filed for H-1B visa this year was around 40 per cent higher than a year ago.
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