BPO articles

After US H1B setback, tech majors Infosys, TCS, HCL and Wipro hit by tougher Singapore work visa rules

Singapore today sought to defend its visa regime, saying that one-third of its workforce is “already foreign” and it would be “mindless” to have open border without any policy framework to control the flow of people. The statement of Singapore Deputy Prime Minister Tharman Shanmugaratnam assumes significance as Indian IT companies use that country as

Hike US H1B visa holders salary to $80,000, says American Labour Secretary; big setback for Indian IT companies

US Labour Secretary Alexander Acosta has called for increasing the minimum salary of foreign workers on H-1B visas, the most sought-after by Indian IT firms, from the existing $60,000 to at least $80,000. Acosta told a Congressional panel that it would address to a large extent the problem of replacement of American workers by foreign

CCI approves sale of Aegis BPO to Capital Square Partners

The Competition Commission of India (CCI) on Friday approved the sale of Essar Group-owned business process outsourcing (BPO) company Aegis to Singapore-based investment firm Capital Square Partners. Last month, Essar Global’s wholly-owned company AGC Holdings (AGC) Mauritius had entered into a definitive agreement with a Singapore-based firm to sell its 100 per cents stake in