'You can't take jobs to people, you have to take people to jobs.'
Almost all Indian IT companies pay between $8,000 and $10,000 per H1B visa as per the hike
This provides for H-1B extensions beyond the 6-year limit.
IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.
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.
Software services industry may have to relook its cost structure to maintain a higher margin.
Union minister Suresh Prabhu on Thursday announced a cash reward of Rs 1.30 crore for 10 members of the Indian women's cricket, who are employed with the Indian Railways.
Slowing growth, stronger rupee and higher local hiring to pull firms down this financial year
Building front-end and stitching it with back-end is a task that IT firms are learning the hard way, finds Raghu Krishnan.
Lower numbers signal that that companies, especially the technology services firms, are steadily reducing the dependency on non-immigrant visas.
Street may be ignoring TCS headwinds as the stock's peak valuation doesn't seem justified by BFSI weakness, likely higher US tax rates and stronger rupee, reports Ram Prasad Sahu.
Mahendra Singh Dhoni is a picture of concentration on the field but there was a departure when he decided to have a 'go' at former Indian Premier League teammate Kevin Pietersen.
The Bill would impact only Indian companies.
In Parekh, an IIT-Bombay and Cornell University alumnus, Infosys may have finally found a person who will grab the market opportunity with good execution.
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
nternally, Wipro has been pushing for 'automation'. However, when it comes to profitability, the Bengaluru-based company has a long way to go. Wipro chief executive officer Abidali Neemuchwala says while the benefits are going mostly to clients, they would start reflecting in the company's bottom line.
'What was said about Muslims was the most important part of the three-day RSS 'seminar'.'
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
This is not a new rule, but very few people know about it.
The proposals aims to impose new restrictions to prevent abuse and misuse of H-1B visas, besides ending the provision of granting extension for those who already have a green card.
The UK contributed to nearly $20 billion or 18% of India's $108 billion software exports for 2016.
The initiative, whose founding partners also include Accenture, CA Technologies, Cisco, Cognizant, Hewlett Packard Enterprise, Pegasystems, PwC, Salesforce and SAP, aims to bring competitive training content together on one platform to serve the greater good.
A large number of large and small businesses process EU data, have customers from the EU or have access to data of EU citizens in one way or another.
The Trump administration is reportedly moving ahead with its decision not to give work permits to the spouses of H-1B visa-holders, arguing that this displaces genuine American workers.
Swaraj and Tillerson discussed a wide range of bilateral issues, including the situation in the neighbourhood and the Indo-Asia Pacific region, officials said.
'They feel if they join a union, it will have a negative impact on their appraisals.'
'Some have speculated that it has to do with Doklam and the 2019 elections.' 'That Modi asked Xi not to embarrass him by sending the Chinese army into Bhutan again, this time rolling over our resistance,' says Aakar Patel.
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.
TCS is setting up a large BPO operation in Varanasi next year, some staff could be absorbed there
Pricing pressure in traditional technology services and slow growth in emerging technologies may turn out to be the spoiler for Indian infotech companies, says Ayan Pramanik.
The NASSCOM report said Indian tech industry contributed more than $375 million to the US Treasury between fiscal year 2011-2015
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
The United States on Saturday announced that from April 3 it will temporarily suspend the 'premium processing' of H-1B visas that allowed some companies to jump the queue as part of its efforts to clear the backlog.
The students -- who were from the Central Agricultural University in Imphal -- had gone to visit the monument as part of an all-India educational tour.
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
Unbeaten India looked the most convincing team in the tournament so far but the dangerous and defensive Koreans came tantalisingly close to register a stunning win over the Manpreet Singh-led side.
Yechury has dropped enough hints that a fight is in the offing at the Hyderabad conclave in April, where any member may move an amendment to the draft on the party's electoral line. Archis Mohan reports.
The buyback, if successful, will surpass RIL's 2012 share repurchase of Rs 10,400 cr
India cricket captain Virat Kohli offered his condolences to the families of the victims of the Uri terrorist attack, saying such cowardly acts are "disturbing" and "hurts" every citizen of the country.
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
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