Check out the most important news stories which captured the headlines at the corporate level in India and internationally. India Infoline, 1 month ago
HCL Tech net up 7.8% at Rs 2,070 cr - Deccan Herald, 1 month ago
HCL Technologies gains after completion of Butler Aerospace acquisition - Business Standard, 1 month ago
New York: US President-elect Donald Trump has vowed to end the practice of laid-off American workers being made to train foreigners brought over to replace them, a move which could impact Indian technology workers and outsourcing companies. Trump called these ...Sify, 2 months ago
Posted by Equitymaster The Indian share markets finished the on a dull note, taking a cue from Asian peers. At the closing bell, the BSE Sensex closed lower by 11 points, whereas the NSE Nifty finished lower by 2 points. The S&P BSE Midcap ended down by 0.1% ...Equitymaster.com, 1 month ago Global Markets Ended on a Negative Note, However Indian Markets Outperform Equitymaster.com, 3 weeks ago Sensex Finishes Marginally Lower; TCS Gains 0.9% Equitymaster.com, 1 month ago
Amid Donald Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.Monali Sarkar surveys the Indian IT landscape. IMAGE: cancelled US visa at the Washington Dulles International Airport in Chantilly, Virginia,February 6, 2017. Photograph published only for representational purposes.Photograph: Jonathan Ernst/Reuters While the threat of an overhaul of the H-1B work-visa programme has become more pronounced ...Rediff.com, 1 week ago
Will the US Congress pass the bill to double minimum wages for H-1B visa holders? Will US President Donald Trump issue an executive order to restrict H-1B visas? Ayan Pramanik and Shivani Shinde Nadhe report on the uncertainties that have dragged down shares of TCS, Tech Mahindra and HCL Technologies. IMAGE: Indian IT services firms have been reducing their dependence on H-1B visas. Photograph: Punit Paranjpe/Reuters. India's information technology industry will face short-term challenges if ...Rediff.com, 3 weeks ago Indian IT stocks feel the heat after new H-1B Bill is tabled in US catchnews.com, 3 weeks ago
In the broader market, the BSE Midcap index bucked the trend to gain 0.3% Snapping four-session long gaining spree, the market on Monday settled lower as sentiment remained cautious ahead of the Union Budget 2017, while a steep surge in stocks of Bharti Airtel and Idea Cellular provided some succour to the frontline indices. The S&P BSE Sensex settled the day at 27,849, down 33 points, while the broader Nifty50 quoted 8,632, down 8 points at close. In the broader market, the BSE Midcap ...Rediff.com, 4 weeks ago
By Darshana Sankararaman (Reuters) - Indian shares rose for a second consecutive session on Tuesday, as banking shares such as HDFC Bank gained ahead of results later in the day, while sentiment got a boost on optimism ahead of the annual budget to be ...Sify, 1 month ago
Top 4 Indian IT Firms Lose Rs 22k Cr In M-Cap As US Reintroduces Bill For Making H1-B Visa Difficult!
60% of the H1-B work visas issued annually by US are grabbed by Indians; as a result, H1-B visa holders contribute $1 billion to the US Govt. every year. Besides, Indian IT industry creates around 4 lakh direct and indirect jobs in US, which generates $5 ...Trak.in, 1 month ago
'The industry growth in 2016 came from the new digital technology segment which grew at over 20%.''The challenge for the industry is that the legacy business makes up almost 80% of revenue.''Hence the urgency to transform into digital business.'Ayan Pramanik reports. The information technology sector had to reduce growth numbers for only the second time in a decade, the first being after a US recession triggered by the Lehman Brothers collapse. This time, they faced challenges due to ...Rediff.com, 1 month ago
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