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US' decision to temporarily suspend the expedited premium processing of H-1B visas will lead to process delays for IT firms too. Greyhound Research Chief Analyst and CEO Sanchit Vir Gogia said that while the change by the Trump Administration has…
Read More Suspension On Expedited H-1B Visa To Affect IT Cos
US President Donald Trump’s proposal for immigration reforms to encourage merit-based migration might help export-focused software and information technology (IT) sector. “This goes to show Trump’s administration has realised how deep-rooted the matter is. It should not only look at…
Read More IT Firms Breathe Easy As Donald Trump Proposes Merit-Based Immigration
The Indian software services companies will breathe a sigh of relief as the Indian ministries, authorities and industry lobby had a dialogue with a visiting eight-member US delegation headed by Congressman Bob GoodLatte, on the ongoing concerns of H1-B visa…
Despite the impending dark overtones cast on India’s IT sector, the reality on the ground is far from anything bleak. Irrespective of the announcements from US president Donald Trump, Brexit concerns and the slowing global economy, the IT sector seems…
Read More Donald Trump’s H-1B Visa Restrictions Will Not Be A Deterrent For IT Sector; Here’s Why
Donald Trump's efforts to limit the number of temporary workers in the US will dent India's software industry. Sanchit Vir Gogia, Chief Analyst and CEO at Greyhound Research, emphasised that the need to have people on-site is more than just…
Read More H-1B Visas: In An Interconnected World, Why Do India’s IT Firms Still Need Them?
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
Today a legislation impacting H1-B visa programme has been introduced in the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the bill more than doubled the minimum wage requirement of…
Read More H1-B Visa Restrictions: Experts Say US Too Will Feel The Heat Of Donald Trump’s Plan
It may not be a good time to be a techie in America. Correction: It may not be a good time to be a non-American in Trump's America. "Skilled foreign workers who come to work in the US by the…
Read More This Country Will Be Most Impacted If US Passes New H-1B Visa Bill
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…
On 31 January 2017, an announcement impacting H-1B visa programme has been made by the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the minimum wage requirement of H-1B…
Read More New H-1B Visa Announcement: Skills Not Salary The Trump Card
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
The appointment of C Vijayakumar in the last quarter is proving to be a good move for HCL Technologies. HCL Tech is going through a change and he is bringing in fresh perspectives in the way their deals are being…
Read More With Digital Transformation As Pivot, HCL Technologies Posts Strong Q3 2017 Results
Indian engineers have for long viewed the US as the land of El Dorado with its promise of riches — professional and personal. But they are now a deeply worried lot as nationalist rhetoric turns shrill in Donald Trump’s America.…
Read More Indian Techies Nervous About Stay In Donald Trump’s America; Mull Passage Back Home
New US President Donald Trump's 'Buy American-hire American' rallying cry has put the USD 150- billion Indian IT industry on edge, which is in wait-and-watch mode to see how the new administration evolves policies around outsourcing and movement of skilled…
Read More Trump’s ‘Buy American-Hire American’ Pledge Unnerves Indian IT
Amid widespread concerns over impending policies of Donald Trump, who is set to take charge as US President from Friday, Nasscom is planning a visit to the US in the next few weeks to reach out to American policymakers and…
Read More Trump-Wary IT Body Nasscom To Meet US Policy Makers Soon
Hoping for a "business-friendly administration", Infosys chief Vishal Sikka says Trump himself is an entrepreneur and a business leader and therefore, he "expects that this will be the case where business and innovation friendly regime." Greyhound Research Chief Analyst and…
The Donald Trump administration which will take charge on 20 January in the US has announced that it will push for legislative measures to curb misuse of H1-B and L1 work visas significantly used by Indian IT professionals. The US…
Read More New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit
January 20, 2017, will mark the commencement of the four-year term of Donald Trump, the 45th President of the United States. Since his presidential election win on November 8, 2016, many quarters of the global industry have been abuzz with possible outcomes…
Read More With Growing Protectionist Sentiment, Indian IT Service Providers Face A Bumpy Road Ahead
“2017 is going to be a volatile year for the Indian IT industry,” says Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research. “The pace of technological changes is very high and it will lead to substantial job cuts. The…
Read More Outlook 2017: Tech Industry Faces A Volatile Year Ahead
On December 31, 2016, Infosys announced a sudden exit of its General Counsel and Chief Compliance Officer, David Kennedy. While no reasons have been cited by the company, per the terms of exit, Kennedy will receive aggregate severance payments of…
IT major Infosys’ Rs. 5.9 crore ($868,250) severance pay offer to outgoing General Counsel David D Kennedy is a move to play safe with Donald Trump administration in the US, say experts. "There is some kind of an abruptness in…
Read More Infosys’ Rs 5.9 Cr Severance Pay To Kennedy Bid To Play Safe With Trump
Information technology industry strived to find newer opportunities and markets in 2016 as geopolitical uncertainties, a challenging business climate and technological shift clouded outlook. “The world market is leaning towards protectionism,” said Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound…
Read More Flashback 2016: Year Of Uncertainties For IT Sector
For India’s export-focused software services sector, 2016 was a tough battle. The information technology (IT) 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…
On Dec. 8, thousands of supporters in a packed hall in Des Moines, Iowa vociferously cheered President-elect Donald Trump as he reiterated his campaign promise to bring back home millions of jobs that Americans have lost to foreigners. Sanchit Vir…
Read More India’s HCL Technologies Counters Trump-Led US Protectionist Sentiment
Software major Wipro said it had agreed to pay a civil penalty worth $5 million to the US Securities and Exchange Commission (SEC) to resolve a six-year investigation on account of embezzlement of funds by an employee. “Wipro’s decision to…
Read More Wipro To Pay $5 Mn To Close Six-Year-Old US Securities Probe
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,…
Read More To Combat Market Slowdown, Nasscom Plans A US IT Show
India's large outsourcing firms may be hesitant to give a verdict on policies of President-Elect Donald Trump when he gets into office, thanks to his anti-immigration and anti-outsourcing rhetoric that helped him win elections. But Gopi Natarajan, chief executive of…
Read More Omega Healthcare Bets On Trump Presidency To Bring Growth, Offshoring
Online marketplace eBay will shut its global development centre in Bengaluru, laying off staff and taking back work to Silicon Valley on the day Donald Trump got elected as the 45th President of United States on promise of bringing back…
Read More First Casualty Of Donald Trump’s Win? eBay Sacks India Product Team
Republican candidate Donald Trump just two days ago during his election rally had strongly criticized technology giant IBM for laying off 500 staffs working at Minnepolis located on mid-western US state of Minnesota. During his rally, Trump also had said…
Read More Should The Indian IT Sector Be Vary Of New US President-Elect Donald Trump
On Friday, 24 June 2016, Britain faced a decisive moment when the majority of its population (51.9%) voted in favour of moving out of the European Union (EU). In words of the exiting Prime Minister David Cameron, Britain went through…
