The settlement is subject to fairness review and approval by the court.
The complaint was filed by non-US employees Gopi Vedachalam and Kangana Beri, who were sent from India to the US to work on projects.
The bill, however, has to be passed by the Senate, wherein the Republicans enjoy a majority, before it can be signed into law by the US President Donald Trump.
India's foreign exchange reserves shot up to an all-time high of $339.99 billion.
The country's forex reserves rose by $419.4 million to $315.551 billion in the week to November 14, driven by a rise in foreign currency assets.
The foreign currency assets rose by $75 million to $291.39 billion
Gold reserves declined by $346.2 million.
Foreign currency assets increase by $3.902 billion
Foreign currency assets rose $1.569 billion to $329.58 billion
Foreign exchange reserves have hit a fresh high.
Reserves had touched an all-time high of $355.46 billion in the week to June 19.
Foreign currency assets surged $2.541 billion to $284.571 billion in the period.
The country's gold reserves remained unchanged at $19.377 billion.
India's foreign exchange reserves dipped by $1.327 billion to $317.313 billion in the week ended September 5 on a slide in the currency assets and gold stockpile, the Reserve Bank said.
In the previous week, total reserves increased by $950.9 million to $313.536 billion.
The measures announced by the Treasury Department were also aimed at 17 senior Russian government officials. The state-owned Russian weapons trading company, Rosoboronexport, which has long-standing ties to Syria and its subsidiary, Russian Financial Corporation Bank were also targeted under new sanctions.
The country's foreign exchange reserves declined by $810.7 million to $318.579 billion for the week ended August 22, on account of drop in foreign currency assets.
RIMPAC 2012 also marks the first time non-US officers will command components of the combined task force during the exercise. But while there would be major Indian staff participation, India would not be fielding a vessel in the exercise, reports Aziz Haniffa
The island of Grenada has erupted in celebration over the small Caribbean nation's first-ever Olympic medal.
Foreign currency assets, a major part of the overall reserves, surged $493.2 million to $282.029 billion for the period under review, Reserve Bank of India said on Friday.
While the global rankings of the Indian companies are not available, the list does give their overall score.
Arrangers think the improved risk appetite of investors could lead to more than $2 billion being raised by firms.
India's foreign exchange reserves declined by $2.599 billion to $293.11 billion in the week ended January 3 on account of a fall in foreign currency assets, RBI said.
In the previous reporting week, the reserves had surged by $954.6 million to $294.36 billion.
The country's foreign exchange reserves rose by $954.6 million to $294.36 billion on account of gains in the value of gold reserves, the Reserve Bank said.
India's foreign exchange reserves surged by $1.26 billion to $292.33 billion in the week ended February 7 on the back of a healthy increase in the currency assets, the Reserve Bank said.
In the previous week, total reserves dropped by $273.8 million to $312.382 billion.
The country's gold reserves remained unchanged at $19.377 billion.
India's foreign exchange reserves declined for the second consecutive week to $295.50 billion, down $12.6 million, in the week ended December 20, the Reserve Bank said.
The forex reserves rose for the third consecutive week, surging by a robust $2.691 billion to $286.26 billion on a healthy jump in foreign currency assets, the Reserve Bank said.
After falling for two consecutive weeks, foreign exchange reserves marginally rose to $319.39 billion, up by $43.3 million, for the week, driven by an increase in foreign currency assets.
Gold reserves rose by $588.8 million to $21.566 billion, as per the RBI data.
India's foreign exchange reserves shot up for a third week in a row, adding a healthy $1.9 billion to touch $281.12 billion in the week to October 18 on account of growth in a key component, the Reserve Bank said.
The reserves had dipped by $1.12 billion in the previous reporting week.
The country's forex reserves jumped by $6.70 billion to $315.72 billion on the back of sharp increase in the foreign currency assets, the Reserve Bank of India said on Friday.
The reserves had jumped $2.03 billion to $277.38 billion in the previous week.
United States elite Navy SEALs team used top secret, never-before-seen stealth helicopters to swoop down on an unsuspecting Al Qaeda chief Osama bin Laden in his Abbottabad safe haven and shoot him dead.
India's foreign exchange reserves shot up by $960.2 million to $280.17 billion on the back of a healthy rise in currency assets in the week ended July 26, Reserve Bank said.
The country's foreign exchange reserves dipped by $0.985 billion to $279.20 billion, the Reserve Bank said on Friday.
The country's foreign exchange reserves rose by $21.1 million to $280.19 billion, the Reserve Bank said.