New Delhi: At a time when the US move to limit H1-B visas has left major tech companies perturbed as it will seriously affect their ability to get and retain talented staff, Indian company HCL has secured 5,085 foreign labour certification for the H-1B work visas. HCL America had 2.9% share of all foreign labour […]
WASHINGTON: The Trump administration’s new rules for a US visa program widely used for technology workers are getting cautious praise from Silicon Valley amid surging demand for high-skill employees.
Washington: The new H-1B visa policy memorandum is part of the effort by the Donald Trump Administration to protect wages and working conditions of both American and non-immigrant workers and prevent any fraud or abuse, the US Citizenship and Immigration Services (USCIS) said.
The US is reviewing the H-1B visa programme, which allows companies to temporarily employ foreign workers in America in speciality occupations. The new proposals, if implemented, could impact the profitability of Indian IT companies as it could lead to a reduction in H1-B visa approvals for regular applicants, says research agency Icra.
Washington: H-1B workers are “frequently” placed in poor working conditions and “vulnerable to abuse”, a US think-tank claimed Thursday, seeking reforms such as substantial increase in wages.
Mumbai: A recent policy change favouring advanced degree holders for visas in US will lead to a hit on IT companies’ profitability as the number of H1-B visas approved gets reduced, a report said.
Washington: President Donald Trump said on Friday he is planning changes including a possible pathway to US citizenship to foreigners holding H-1B visas, issued temporarily to highly educated immigrants who work in specialty occupations such as technology or medicine.
Mumbai: Private equity firm AION Capital Partners Monday said that it has acquired InterGlobe Technologies, a global travel business process management technology and digital services company. AION Capital, an India-focused private equity fund with $825 million in committed capital, was established through a strategic partnership between Apollo Global Management and ICICI Venture.
New Delhi: The twin trends of outsourcing larger technology contracts and Fortune 1000 companies awarding work that was earlier done internally to its vendors have led analysts and information technology executives to suggest that the sector could grow faster in the year starting 1 April.
Washington: The US should select the “very best” among the applicants under the H-1B visas, the Trump administration told lawmakers Thursday, asserting that it was determined to ensure that the temporary work permits, most sought by Indian IT companies, do not harm domestic workers.
Washington: A top US court has given the go ahead for hearing a lawsuit challenging the work authorisation to H-4 visa holders after the Trump administration delayed a formal notification over the issue that can impact spouses of H-1B visa holders, mostly Indians.
Washington: The Trump Administration on Friday proposed major changes to the H-1B application process, including a new rule requiring companies to electronically register their petitions in advance, aimed at awarding the American work visa to the most skilled and highest paid foreign workers.