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Tag: CP Gurnani
Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries
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Trump Visa Crackdown Prods IT To Create US Jobs
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Realigning To New H1B Realities: Infosys Announces Hiring Plans For US
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H-1B, Singapore Protectionism: Calm Down, This Is No Do Or Die Battle, Indian IT Has Weathered Bigger Storms
With the latest missive from the Donald Trump administration on H-1B visa, cautioning companies against misuse, the immigration issues of the Indian IT sector are back in news. And it is not the US alone that is drumming up protectionism…
Trump Begins Clampdown On H-1B Visas
In a fresh blow to software professionals, the Trump administration has moved to bar entry-level programmers from the H-1B visa programme. “H-1B abuse is very high and it is important to check the abuse. All IT services players will adjust to…
Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries
India's famed multi-billion dollar information technology (IT) industry has been facing challenging times over the past 6-12 months with top-notch IT companies already facing earnings pressures in recent quarters due to tough business environment prevailing in their most lucrative US…
Read More Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries
What H1B Visa Reforms Mean For IT Companies
Software services industry, already facing pressures on profitability and revenue, has become the latest target of the Trump administration’s moves to protect American jobs. The prevailing protectionist sentiment will lead to a sharp rise in on-shoring and near-shoring arrangements, said…
Blow For Indian IT: New US Bill Proposes Doubling Wage Limit For H1B Visa
India's information technology (IT) sector will face temporary setback to move workers from India to the US with the bill introduced in the US House of Representatives that mandates minimum wages of H1B visa holders at $130,000, double the current…
Read More Blow For Indian IT: New US Bill Proposes Doubling Wage Limit For H1B Visa
To Combat Market Slowdown, Nasscom Plans A US IT Show
IT industry's representative body, National Association of Software and Services Companies (Nasscom), is exploring hosting its first IT industry event in the United States even as the sector combats the market slowdown. "This is clearly a reaction to Trump. But,…
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#GreyhoundInMedia: 马恒达科技公司第一季度利润下降 8％ #Press #Media #Cailiao
马恒达科技公司，印度第五大软件服务公司，表示第一财季盈利下降8％，错过分析师的预期，较高的签证和雇佣成本。净利润下降至631亿卢比，在三个月截止六月三十日，从去年同期的686亿卢比，该公司周四表示。利润从之前三个月上涨了2.7％。马恒达科技公司的营收同比增长24.8％，至5122亿卢比。41个调查的分析师预计收入为5078.3亿卢比，而38个分析师预计净利润为680.4亿卢比，在6月的季度。以美元计算，收入上升18.1％，至8.55亿第二季，从上一季度的3.63％。 该公司将专注于数字化的举措和物联网，所谓的互联网，并增加其在西亚，墨西哥和巴西，董事总经理兼行政总裁，CP Gurnani说。“虽然该公司已经扩增其意图，是一个新时代的系统集成和服务的数字机遇，新交易的收入仍偏向传统业务线，”首席分析师和研究公司的首席执行官，Sanchit Vir Gogia说 。 To read the Full Article, click here: Cailiao
Tech Mahindra Q1 profit falls 8% to Rs631 crore
Revenue rose 24.8% to Rs.5,122 core in the June quarter, as compared with Rs.4,103 crore in the year-ago period. Tech Mahindra Ltd, India’s fifth-largest software services company, said fiscal first-quarter profit fell 8%, missing analysts estimates, on higher visa and hiring…