Most of the 250 freshers Infosys hired from US campuses last year would be deployed in sales
Nasscom President R Chandrashekhar discusses the ramifications of Trump's 'Buy American-hire American' agenda with Raghu Krishnan.
Immigrants from five countries -- India, Bolivia, Lebanon, Sudan and Ghana -- stood in a line during the ceremony in the White House.
Dr Vakil, a US visa expert, had been a regular contributor to Get Ahead and hosted a number of chats with our readers.
India's IT industry will seek an increase in the number of H1-B (non-immigrant) visas and a mechanism to refund social security taxes paid by Indian professionals in the US, when President George W Bush visits India early next month.
Demand for digital technologies and resumption of normal economic activities will drive sales for IT companies, and the sector will post a revenue growth of up to 9 per cent in 2021-22, a report said on Thursday. Rating agency Icra gave a "stable" outlook for the sector, whose size is pegged at over $180 billion by industry lobby Nasscom, including the business process outsourcing business. The IT services sector's revenues will rise between 7-9 per cent in rupee terms and between 5-8 per cent in dollar terms in 2021-22, it estimated.
Wives of thousands of skilled professionals from India and other countries in the US on H-1B and other temporary work visas are increasingly frustrated because they were not allowed to work, a report said on Monday.
In sectors like IT, cybersecurity, advanced manufacturing, and transportation, the H-1B One Workforce grant programme would be used to upskill the present workforce and train a new generation of workers.
'The China opportunity, the digital opportunity and the end of geography opportunity are the three pieces of luck India got due to Covid.'
Uncertainty in the economy leads to fewer offers this year.
Coming under tremendous pressure from the anti-immigration lobby, the US government plans to restrict entry of foreign IT workers, including those from India.
The broader NSE Nifty index too finished lower by 4.80 points, or 0.05 per cent, at 10,632.20.
Unfazed by the US outcry on outsourcing and the implications of the recent cut in number of US visas, Wipro Chairman Azim Premji aims to turn his company into one of the top 10 IT service companies in the world.
The current H-1B minimum wage of USD 60,000 was established in 1989 and since then has remained unchanged.
As a result, about 1,80,000 would be eligible to work in the US.
Seeking class action status in a suit filed on August 1 in the US District Court in Wisconsin, Brenda Koehler said Infosys systematically discriminates against people of non-South Asian descent.
One morning, just as I entered my cubicle, I got a call from the person in charge of security of our huge building.
Why the proposed United States rule change for H-4 (dependent) visa holders is not enough and what you should do about it
In her lawsuit, American national Tami Sulzberg alleges that at least 90 per cent of the US workforce of San Jose-based Happiest Minds, whose headquarters is in Bangalore, are South Asians, primarily from India.
The endorsement first by a sitting American Senator comes days ahead of the crucial Republican presidential primaries on Tuesday in 11 states.
The government has asked for a 60-day pause in the case to 'allow incoming leadership personnel adequate time to consider the issues'.
Panagariya also pointed out that COVID-19 pandemic may lead to integration of global labour market.
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
President Donald Trump's executive order restricting entry of skilled foreign workers into the US, mainly on H-1B and L1 visas, has resulted in an estimated loss of $100 billion to companies in the US, a top American think-tank claimed. The executive order signed by Trump on June 22, that had temporarily banned issuing fresh H-1B and L-1 visas till December 31, caused a negative impact to the valuation of Fortune 500 firms equivalent to over $100 billion in losses, Brookings Institute said in a report released this week.
In this scenario, the Indian information technology industry and government have two distinct items on the agenda before them.
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.
In 2016, there were 580,000 Indians in the US as resident non-immigrant. Of these, 440,000 were temporary workers, which includes those on H-1B visas and 140,000 were students.
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.
India was a very important strategic partner of the US, she said.
Students will have more H1Bs to count on after they graduate.
Supporting India's concerns on the immigration reform bill, an eminent Indian-American has asked US lawmakers to make the necessary changes in the pending legislation, which if passed, among other things would badly hit the global competitiveness of American companies.
The president's moves will make it easier for entrepreneurs to work in the United States
Sources also said that India meets the criteria for a US sanctions waiver for procuring S-400 missile defence systems from Russia and the Trump administration has 'enough flexibility' on the issue.
Bharatiya Janata party leader Sushma Swaraj on Tuesday met visiting United States Vice President Joe Biden and raised the issue of visa to skilled workers but refrained from discussing the lifting of ban on American visa to Gujarat Chief Minister Narendra Modi.
Infosys on Friday said it is in discussion with clients for a contingency plan to ensure business continuity in the event of the US immigration reforms bill becoming a law.