Tech Mahindra sees weak revenue, earnings in Apr-Jun quarter

Last Updated: Monday, June 29, 2015, 16:04

IT firm Tech Mahindra on Monday warned of weak revenue and earnings in the April-June quarter due to higher visa costs and other headwinds, dragging the company shares by over 9 percent.

Tech Mahindra shares hit over one-year low on Q1 warning

Last Updated: Monday, June 29, 2015, 13:53

Shares of Tech Mahindra Ltd dropped almost 7 percent to a more than one-year low on Monday after the IT firm warned of a weak first quarter, partly due to higher U.S. visa sponsorship costs for its employees.

Disney ABC TV reverses plans to outsource IT jobs

Last Updated: Saturday, June 13, 2015, 15:03

Amid reports of a US government probe of two top Indian IT companies for possible violations of H-1B visa rules, Disney ABC TV has cancelled plans to outsource IT jobs, according to a media report

US has record number of applications for H-1B tech visas

Last Updated: Tuesday, April 14, 2015, 09:25

Applications for H-1B visas allowing U.S. businesses to hire foreign workers in science, engineering and computer programming totalled a record 233,000 for fiscal 2016, according to government figures released on Monday.

'H-1B visa system is broken, needs to be fixed'

Last Updated: Thursday, April 9, 2015, 09:20

With the announcement that both the 65,000 and 20,000 H-1B visa caps for fiscal year 2016 have been reached, a top business body in the US has made a renewed call for Congress to fix the immigration system that keeps US companies from hiring the top world talent they need.

Boost for Indian IT workers as US L-1B visas now easier to get

Last Updated: Tuesday, March 24, 2015, 02:48

US President Barack Obama on Monday announced an easing of the process to obtain L-1B work visas for corporate executives, a move that could end the large scale harassment of IT professionals from India and make it easier for Indian companies to bring employees here.

H-1B workers have minimal skills: Infosys whistleblower

Last Updated: Wednesday, March 18, 2015, 12:05

H-1B workers replacing Americans have minimal skills and little or no business knowledge, a whistleblower from Indian IT giant Infosys has said and asked lawmakers not to increase the number of much sought-after visas and plug in the loopholes in the immigration system.

US to start accepting H-1B petitions from April 1

Last Updated: Friday, March 13, 2015, 07:40

The United States government will start accepting petitions for the H-1B visas, the most sought after work visa for Indian IT professionals, from April 1, an official release said.

Spouses of H-1B visa holders to get work permit in US

Last Updated: Wednesday, February 25, 2015, 13:17

Once USCIS approves the 'Form I-765' and the H-4 dependent spouse receives an Employment Authorisation Card,, he or she may begin working in the United States.

Barack Obama assures Modi on concerns over H-1B visa issue

Last Updated: Monday, January 26, 2015, 20:06

President Barack Obama has assured Prime Minister Narendra Modi that he will look into India's concerns on the H-1B visa issue as part of his comprehensive immigration reform, US officials said Monday.

India and US agree to collaborate on Digital India initiative

Last Updated: Saturday, January 17, 2015, 09:16

India and the US have agreed to collaborate on implementing the ambitious Digital India initiative ahead of American President Barack Obama's Republic day visit to New Delhi.

'Infosys indulged in blatant violation of immigration laws'

Last Updated: Thursday, October 31, 2013, 13:27

Infosys also failed to monitor the status of foreign nationals that they had sponsored for travel and placement in the US by failing to maintain accurate I-9 forms and records for each foreign national as required by law, Bales said.