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INFOSYS VISA ROW
IT stocks continue to reel under pressure for 4th day on H-1B visa fee concernsIT stocks continued to slide for the fourth day in a row on Thursday as the staggering hike in US H-1B visa fees continues to hurt investor...- IT stocks tumble on US H-1B visa fee hike concerns; combined market valuation erodes by Rs 83,994 croreIT stocks fell sharply on Monday due to concerns over a steep $100,000 hike in US H-1B visa fees. Wipro declined 2.25%, Infosys fell 2.61%,...
- India-Canada row: IT companies wait and watch, see no cause for concern yetAs per ToI's report, about 2.5 lakh to 3 lakh students from India go to Canada for higher education annually. Many stay back in that countr...
- Three Indian IT cos among top 5 recipients of H-1B visas in FY21A study of US Citizenship and Immigration Services (USCIS) data by the National Foundation of American Policy, a non-profit public policy o...
- Freeze on premium H-1B to have little impact on IT sectorUSCIS received 1,90,098 H-1B petitions during the filing period, which began April 2, including petitions filed for the advanced degree exe...
- Business growth will not be constrained by stricter work visa norms: InfosysInfosys CEO Salil Parekh explained that local hiring and training manpower is among the four pillars identified by the company to drive gro...
- HCL Tech expects revenues to be in the middle of the guidanceRupee revenue at TCS rose 1.5% to Rs 29,735 crore sequentially, while at Infosys, the revenue for December quarter declined 0.2% to Rs 17,2...
- Infosys narrows guidance range, Q3 net profit at Rs 3.7k croreThe company also appointed its head of delivery Ravikumar S as deputy chief operating officer reporting to the COO UB Pravin Rao.
- H-1B visa row: TCS, Infosys say they are fully compliant with visa rulesCountry's largest software services firm TCS said it maintains rigorous controls to ensure compliance to all regulatory requirements.
- TCS, Infosys shares under pressure on US visa rowShares of TCS and Infosys were under pressure today, falling by up to 2 per cent, following reports that the IT majors are being probed in ...
- Infosys' former US employees Layla Bolten, Gregor Handloser and others allege "Hindi" bias; file lawsuitFormer US employees of India's leading software services firm Infosys have filed a lawsuit against it alleging discrimination because of th...
- After Infosys visa row, other IT companies under US scannerLast week, Infosys agreed to pay $34 million to settle all investigations into whether the it sent Indian workers to the US on cheaper busi...
- Infosys agrees to pay $34 million to settle visa row with USInfosys said there were no criminal charges or court rulings against the company and it denies and disputes any claims of visa fraud.
- Infosys Q2 results: Stable growth returns; attrition worries riseThe 3.8% revenue growth in dollar terms was well above street estimates of about 3%, indicating that stability is returning to Infosys.
- Infosys in talks with US in visa rowIn April last year, Infosys disclosed that the US Department of Homeland Security had found errors in a significant percentage of I-9 forms.
- Infosys revises guidance; sales beat estimates againRevised revenue forecast indicates greater confidence in the business environment and a strong sales pipeline for the company.
- Australia passes damaging work visa restrictions; Indian IT cos to be affectedNomura expects the new rules to affect Indian IT cos' time and materials contracts and increase the amount of planning and time taken to ob...
- Fresh B1 visa row for Infosys: Ex-employee files suit in USSatya Dev Tripuraneni, claims that he had filed a complaint internally but no action was taken. He worked with Infosys for five years.
- Infosys clients mulling contingency plans over US visa row: Forrester analystInfosys countered by saying the post makes several unfair assumptions about marketplace reactions to recent news coverage about Infosys.
- Infosys hires Vasudev Nayak from Wipro to tackle visa rowIndia's second-biggest software exporter has hired Vasudev Nayak, the former head of the overseas operations cell at Wipro, in place of Esh...
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