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Indian IT firms
Indian IT firms News
US HIB visa
18 Oct 2018
US plans major changes in H-1B visas from 2019; move likely to hit Indian IT f
US Citizenship and Immigration Services plans to come out with its new proposal by January 2019
H-1B visa rule
04 Mar 2018
Strict H-1B visa rule will not impact Indian IT firms, says Mohandas Pai
The H-1B programme offers temporary US visas that allow companies to hire highly skilled foreign professionals.
US Labour Secretary
29 Jun 2017
Increase salary of H-1B visa holders: US Labour Secretary
US Labour Secretary Alexander Acosta has called for increasing the minimum salary of foreign workers on H-1B visas, the most sought-after by Indian IT firms, from the existing USD 60,000 to at least USD 80,000.
IT minister
16 Jun 2017
IT sector layoffs: Prasad dismisses reports as 'motivated'
IT Minister Ravi Shankar Prasad today dismissed reports of large-scale job losses at Indian IT firms, calling them "motivated".
Infosys
05 May 2017
Infosys move to hire Americans act of appeasement: Head Hunters
Infosys had on May 3 announced it will hire 10,000 Americans in the next two years and open four new centres in the US as part of efforts to mitigate the impact of H1-B visa curbs.
Infosys
03 May 2017
White House welcomes Infosys decision to hire 10,000 Americans
Infosys yesterday announced it will hire 10,000 Americans in the next two years and open four new centres in the US as part of efforts to mitigate the impact of H1-B visa curbs.
Infosys
02 May 2017
H-1B effect: Infosys to hire 10,000 American workers
Indian IT major Infosys will hire about 10,000 locals in the US over the next two years and set up four technology and innovation hubs there, as part of its efforts to tide over visa-related issues.
US President
19 Apr 2017
Donald Trump signs 'buy American, hire American' order targeting H-1B visa programme
US President Donald Trump has signed an executive order that calls for a review of the H-1B visa programme, saying they should never be used to replace American workers and must be given to the most skilled and highest paid applicants.
US President
18 Apr 2017
Donald Trump to sign executive order on reform of H-1B visa system
US President Donald Trump is set to sign an executive order that would tighten the process of issuing the H-1B visas and seek a review of the system for creating an "entirely new structure" for awarding these visas, the most sought-after by Indian IT firms and professionals.
H1-B work visa
12 Apr 2017
Tightening visa norms a blessing in disguise for IT firms: Pai
The tightening of H1-B work visa rules in the US would be advantageous to Indian IT firms as they would shift more work offshore and also be in a position to improve their billing rate, says industry veteran T V Mohandas Pai.
US companies
24 Mar 2017
Bill against outsourcing jobs back in US Parliament, may hit Indian IT firms
A bill seeking to prevent US companies from outsourcing jobs overseas by "abusing" H1-B programme has been re-introduced in the House of Representatives and may hit Indian IT firms and professionals.
Infosys CEO
13 Jan 2017
Expect US policies to be friendly for biz, innovation: Infosys CEO Vishal Sikka
Stating that any "discernible pattern" of clients worrying about adverse visa policies is yet to be seen, Infosys CEO Vishal Sikka on Friday expressed hope that policies of the new Trump administration would be friendly towards business, innovation and entrepreneurship.
Modest Sequential Revenue
14 Apr 2016
Modest sequential Q4 revenue growth for IT companies: Analysts
Seasonal weakness may result in modest sequential revenue growth for large Indian IT firms in the January-March 2016 quarter, analysts said.
US-H1B
02 Oct 2015
US Congress lets 'discriminatory' outsourcing H-1B fee lapse
In a breather for Indian IT firms, the "discriminatory" USD 2,000 H-1B fee mostly imposed on them has now lapsed in a Republican-majority US Congress.
India
16 May 2015
Infosys to open first overseas campus in China
Infosys will establish overseas centre with an investment of about USD 120 million.
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