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CHEAP LABOR IN TECH SECTOR
Can’t replace US workers with foreign ‘indentured servants’: US after suspending PERM green card programUS Vice President JD Vance defended the suspension of eight technology firms, including Microsoft, TCS, Infosys and Wipro, from the PERM gr...- Pramila Jayapal slams Trump’s Microsoft green card suspension, Vance hits backPramila Jayapal criticized the Trump administration's decision to suspend Microsoft from a Green Card program. The administration argues th...
- Infosys, TCS, Wipro and other IT stocks rise up to 4%. Here are 3 important triggers to watchIT stocks including TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Coforge and Persistent Systems rose up to 4% on Friday. The gains came ami...
- TCS, Infosys, Wipro & others suspended from PERM green card program by US. What is it & how is it different from H1-B?The US has suspended Microsoft, Adobe, Infosys, Wipro, TCS, HCL Technologies, Cognizant and Capgemini from the PERM green card programme ov...
- TCS, Microsoft respond to US PERM suspension, reaffirm commitment to American workforceTata Consultancy Services has been suspended from the permanent labour certification programme by the US Labour Department. This suspension...
- Karnataka Minister warns of 'far-reaching consequences' on US suspension of Green Card program for IT majorsKarnataka Minister Priyank Kharge outlined potential challenges for India's IT sector due to the US suspension. This suspension may increas...
- 'Never-ending flow of cheap labour': JD Vance reiterates US stand on barring Microsoft, TCS Infosys & others from green card programUS Vice President JD Vance defended the Trump administration’s move to suspend major technology companies, including Microsoft and Adobe, f...
- Microsoft stock (MSFT) falls as US targets green card filings for H-1B workers and Italy probes gaming businessMicrosoft stock fell nearly 2% as the US targeted Microsoft’s green card filings for H-1B workers, while Italy opened an investigation into...
- 'Our message to Microsoft is...': JD Vance targets tech giant over fraud, abuse as US says Microsoft, Adobe sought 3 million foreign workersThe Trump administration has suspended major tech companies from applying for permanent residency for foreign workers. Various companies, i...
- $22 billion visa fraud? US Labour Dept’s explosive claim puts Infosys, TCS, Wipro in the crosshairsThe US Labor Department has claimed it uncovered $22 billion in visa fraud, accusing universities and companies of operating as “visa mints...
- US jobless claims hover near 57-year low for fourth consecutive weekIn a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job m...
- US weekly jobless claims fall as layoffs remain lowClaims have held near 57-year lows for four straight weeks, consistent with what economists said remained a "low-hire, low-fire" labor mark...
- Australia migration: Coalition plans 650,000 cut in temporary migrants over four yearsAustralia's opposition Coalition plans to limit temporary migrant numbers by 650,000 within four years, which includes stricter student vis...
- Nvidia soars near $6 trillion market cap with stock back at highNvidia has witnessed a remarkable surge in its stock price, propelled by a promising revenue forecast and a robust buyback initiative. The ...
- What actually makes a stock 'cheap'? With markets under pressure, analysts share how investors can identify real valueThe Indian equity markets are currently under strain from a variety of economic challenges that are dampening investor enthusiasm. Experts ...
- EU, China to hold Beijing talks this week to avert trade warEU trade chief Maros Sefcovic is set to visit Beijing for crucial discussions regarding trade relations. As European leaders express concer...
- Why is US unemployment rate rising? September's jobs report indicates 'below expectations' hiring slowdownIn September, the US unemployment rate increased to 4.2% as employers added only 29,000 jobs, which is below expectations. Hiring slowed fr...
- U.S. hiring stalls at 29,000, yet Dow, S&P 500 and Nasdaq surge: Why Wall Street welcomed September’s weak jobs reportUS jobs report and markets: The U.S. added only 29,000 jobs in September, far below the 90,000 economists expected. Unemployment also edged...
- US stocks: US market rebounds to close higher as surging Treasury yields recedeUS stocks recovered from earlier losses, with the S&P 500 bouncing back after a global bond selloff. The Labor Department reported a dip in...
- US private job growth picks up sharply in September: ADP dataUS private sector hiring experienced a significant rebound in September, with employers adding 90,000 jobs, up from 38,000 in August. This ...
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