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Infosys says cleared in US visa probe by Labor Department

Last Updated: Wednesday, September 9, 2015, 08:23

"Infosys fully cooperated with the (Department of Labor) in this activity," the company told Reuters in a statement, noting the company was confident from the start that it had complied with US immigration laws.

US govt finds no violations in H1-B visa case: Infosys

Last Updated: Tuesday, September 8, 2015, 11:57

Infosys fully cooperated with DOL in its investigation, and over 145 files were reviewed, with no violations found, it added.

RuPay card to soon overtake Visa-Master cards in India?

Last Updated: Wednesday, August 19, 2015, 17:12

It is interesting to note that, of the 580 million debit cards used in India, 190 million are said to be RuPay card, a huge achievement for a year old card.

India raises social security, market acess, visa issue with US

Last Updated: Tuesday, July 21, 2015, 21:42

India on Tuesday pressed for setting up a high-level committee to look into a range of issues including American Totalisation and non-tariff barrier, as also the Social Security Act that discriminates Indians working in the US.

Rich and American? Australia wants you

Last Updated: Monday, July 13, 2015, 09:28

But there`s a rather large catch: participants in the invitation-only Premium Investment Visa scheme will need to invest A$15 million ($11.57 million) for the privilege of becoming an Aussie.

EU says MasterCard overcharges customers, retailers

Last Updated: Friday, July 10, 2015, 00:17

The EU said Thursday that US credit- card giant MasterCard overcharged customers and retailers, having already found rival Visa at fault over fees levied on card payments.

Visa joins MasterCard, AmEx in ending use for Backpage sex ads

Last Updated: Thursday, July 2, 2015, 03:47

Visa Inc said on Wednesday it is joining MasterCard Inc and American Express Co in barring its credit cards from being used to pay for ads on Backpage.com following a request from a Chicago sheriff who said the site is used by sex traffickers.

Average annual income of India's affluent is Rs 1.5-mn: Visa

Last Updated: Wednesday, July 1, 2015, 17:39

The Visa Affluent Study 2015 was conducted across affluent consumers in Australia, China, Hong Kong, Indonesia, Japan, South Korea, Singapore and India.

US: Visa processing back to speed after computer glitch

Last Updated: Tuesday, June 30, 2015, 01:39

US visa processing has returned to full strength after hardware problems, the State Department said Monday, noting that 410,000 visas were issued in a week as officials scrambled to clear a huge backlog.

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.

British restriction on work visa may disrupt Indian firms: CII

Last Updated: Thursday, June 25, 2015, 17:57

Voicing deep concern over British Prime Minister David Cameron`s recent announcement proposing measures to significantly reduce migration into Britain from non-EU nations, industry chamber CII on Thursday said such a move could disrupt operations of many Indian companies in Britain.