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H1-B Visa

H-1B visa draw: Second lottery round for applicants to be conducted this year, says US immigration service - check eligibility

H-1B visa draw: Second lottery round for applicants to be conducted this year, says US immigration service - check eligibility

Fri, Jul 28, 2023

In March, the USCIS conducted an initial random selection of properly submitted electronic registrations for the fiscal year (FY) 2024 H-1B cap, including for beneficiaries eligible for the advanced degree exemption.

H1-B visa suspension to have Rs 1,200-cr impact on Indian IT firms: Crisil

H1-B visa suspension to have Rs 1,200-cr impact on Indian IT firms: Crisil

Mon, Jul 06, 2020

Zooming of the denial rates to 39 per cent in FY20, up from 6 per cent in FY16, had led to lower reliance on the visas by the local IT companies, it said. "New H1-B visa issuances contribute less than 5 per cent of the US onshore workforce of the top 5 listed Indian IT firms, which account for 60 per cent of the industry revenue. On the other hand, the share of local hires in their US onshore employee mix has steadily increased from 30-35 per cent in fiscal 2017 to about 55-60 per cent in fiscal 2020,? its senior director Anuj Sethi said.

New red flags inside Trump H1B crackdown: Top US immigration attorney

New red flags inside Trump H1B crackdown: Top US immigration attorney

Wed, Jun 24, 2020

"This may just be wishful language. It does not have any legal impact right now. But it does direct the administration to take other actions with respect to people already here, in the future", Mehta told IANS in a video interview.

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Arun Jaitley takes up H-1B visa issue with US Commerce Secretary

Arun Jaitley takes up H-1B visa issue with US Commerce Secretary

Fri, Apr 21, 2017

Finance Minister Arun Jaitley has "strongly raised" the H-1B visa issue with US Commerce Secretary Wilbur Ross, highlighting the important role played by highly skilled Indian professionals in America, officials said.

Trump to sign executive order on reform of H-1B visa system

Trump to sign executive order on reform of H-1B visa system

Tue, Apr 18, 2017

Trump is scheduled to travel to Milwaukee, Wisconsin, the home state of House of Representatives Speaker Paul Ryan, to sign the 'Buy American, Hire American' Executive Order.

Infosys to ramp up local hiring in US amid visa concerns

Infosys to ramp up local hiring in US amid visa concerns

Sun, Apr 16, 2017

Any change in visa norms can affect the movement of labour as well as spike operational costs for the IT players.

Here's why TCS, Wipro shares slid after Infosys Q4 result

Here's why TCS, Wipro shares slid after Infosys Q4 result

Thu, Apr 13, 2017

Vishal Sikka's Infosys announced its fourth quarter ended March 31, 2017 result on Thursday.

US announces measures to detect H-1B visa fraud and abuse

US announces measures to detect H-1B visa fraud and abuse

Tue, Apr 04, 2017

The US today announced multiple measures to "deter and detect" what it described as "fraud and abuse" of H-1B work visas, the most sought after by Indian IT firms and professionals.

No policy yet in US to curb visas, we are talking: Swaraj

No policy yet in US to curb visas, we are talking: Swaraj

Thu, Mar 30, 2017

External Affairs Minister Sushma Swaraj said in the Rajya Sabha that the Indian government is talking to the Trump administration as well as the US Congressmen, giving proper data and reasoning to press home the point that the relationship between Indian IT companies with the US is mutually-beneficial.

Our IT cos not stealing US jobs, but creating them: Ravi Shankar Prasad

Our IT cos not stealing US jobs, but creating them: Ravi Shankar Prasad

Sat, Mar 18, 2017

Responding to a query on cyber security, Prasad said the government is concerned about it and is doing its bit to deal with the threat.

Indian IT industry contributes immensely to US economy: NASSCOM

Indian IT industry contributes immensely to US economy: NASSCOM

Fri, Mar 03, 2017

Chandrashekhar said the Indian IT industry actually contributes immensely to the US economy in terms of jobs that are created in America, both directly and indirectly.

Here's why Mukesh Ambani thinks Donald Trump is a blessing in disguise for India

Here's why Mukesh Ambani thinks Donald Trump is a blessing in disguise for India

Wed, Feb 15, 2017

Reliance Industries chairman and managing director Mukesh Ambani at Nasscom India Leadership Forum press conference in Mumbai on Wednesday said he thinks US president Donald Trump is a blessing in disguise for India.

Here are key things Tata Sons chairman designate N Chandrasekaran said at Nasscom India Leadership Forum

Here are key things Tata Sons chairman designate N Chandrasekaran said at Nasscom India Leadership Forum

Wed, Feb 15, 2017

Tata Sons chairman designate N Chandrasekaran while speaking at Nasscom's India Leadersip Forum in Mumbai touched up several issues like H1-B visa, digital push, digital education, etc.,

Nasscom projects Indian IT sector to grow at 8.6% in FY17; defers industry growth prediction for FY18

Nasscom projects Indian IT sector to grow at 8.6% in FY17; defers industry growth prediction for FY18

Wed, Feb 15, 2017

IT industry body Nasscom has said on Wednesday that the Indian IT-BPM industry will grow at 8.6% in FY17 and has deferred its the sector's growth projection for FY18 fiscal.

The changes proposed in allocation method will impact only fresh H1-B visa applicants, says JM Financial

The changes proposed in allocation method will impact only fresh H1-B visa applicants, says JM Financial

Mon, Feb 06, 2017

The proposed changes in the US presidentail executive order on visa programs is likely to impact only fresh H1-B visa applicants.

Market add smart gains for second week, up 358 points

Market add smart gains for second week, up 358 points

Sat, Feb 04, 2017

Clear-cut market-friendly budget proposals charmed the investors sentiment leading the key indices to leap four month highs, focus on fiscal discipline, tax balm for investors including clarity on FPI taxation, massive capital infusion for Public sector banks, Infrastructure, agriculture sector resonated the stock momentum.

H1-B visa proposed minimum wage hike negative for Indian IT industry: ICRA

H1-B visa proposed minimum wage hike negative for Indian IT industry: ICRA

Wed, Feb 01, 2017

With the US President Donald Trump is expected to sign a new executive order aimed at killing work-visa programmes including the H1-B and L1 visas as part of a larger immigration reform, the order if passed is projected to be negative in the medium to long term for the Indian IT Services sector,

US president Donald Trump should analyse skill shortage in US before signing bill on immigration: Nasscom

US president Donald Trump should analyse skill shortage in US before signing bill on immigration: Nasscom

Tue, Jan 31, 2017

India's software industry body Nasscom has suggested US president Donald Trump to calibrate the conditions keeping in mind the skill shortage in the US.

Modi, Trump discuss South Asia security; will stand together to fight terror

Modi, Trump discuss South Asia security; will stand together to fight terror

Wed, Jan 25, 2017

President Pranab Mukherjee invited Trump to visit India when he congratulated him on assuming the presidency.

HCL Technologies hiring more locals in US, says visa dependency down

HCL Technologies hiring more locals in US, says visa dependency down

Tue, Jan 24, 2017

HCL Technologies on Tuesday said it has "stepped up" efforts in the US for campus and entry-level hires to support growth in coming quarters even though a "very high percentage of employees" is already local hires.

IT stocks shrug uncertainties over Trump's H1-B curbs

IT stocks shrug uncertainties over Trump's H1-B curbs

Thu, Jan 12, 2017

A PTI report on Thursday said, “US President-elect Donald Trump's nominee for the post of Attorney General has assured lawmakers of taking steps towards pushing legislative measures to curb misuse of H-1B and L1 work visas significantly used by Indian IT professionals.”

Tata Consultancy Services to announce third quarter results today; here's what to expect

Tata Consultancy Services to announce third quarter results today; here's what to expect

Thu, Jan 12, 2017

Sandip Agarwal and Pranav Kshatriya analysts of Edelweiss Financial Services said, “TCS’ execution capability, client relationships and leadership are impeccable. We believe, few niggling issues like LATAM, Diligenta and Japan, which have taken a toll on the company’s overall growth rate in past few quarters, are probably in the last leg and be largely over by FY18."

US H1-B Bill, if passed, will erode margins of Indian IT companies

US H1-B Bill, if passed, will erode margins of Indian IT companies

Tue, Jan 10, 2017

The ratings agency said, "If implemented will reduce the talent pool qualifying for such visas and in turn result in either increased employee cost for hiring employees with higher qualification or subcontract work, both of which would increase the cost of operations and pressurise margins."

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