Daily Archives: January 2, 2018

Trump admin’s H-1B changes could lead to mass deportation of Indians

The proposed US Bill, Protect and Grow American Jobs, is riddled with “onerous conditions” and places “unprecedented obligations” on both Indian IT companies and clients using H-1B visas. Software body Nasscom said it has flagged its concerns around visa-related issues in the US with the Senators, Congressmen and the administration, and will engage further in

Q3 results of telecom companies to see impact of MTC cut: Reports

Indian telecom companies are still not out of the woods in terms of revenue recovery led by the onslaught from Jios free and aggressive tariffs; also, the cut in mobile termination charges (MTC) would have impacted third quarter balance sheets, Bank of America Merrill Lynch said in a report. “We expect the 3Q (third quarter)

Trai issues interconnectivity rules; fixes 30-day deadline for inking pacts

Telecom regulator Trai today mandated service providers to enter into interconnection agreement “on non-discriminatory basis” within 30 days of receiving network connectivity request from another operator. Trai has prescribed a daily penalty of up to Rs 1 lakh per service area for operators violating the new norms. The Telecom Regulatory Authority of India (Trai) today


Markets regulator Sebi has shortlisted 15 entities, including Tata Communications, Wipro and Tech Mahindra for 2 separate services — identify and classify security holes in IT infrastructure, as well as protect against security threats. To provide these services, Sebi in September had issued separate notices, inviting expression of interest from the interested parties.