The United States and UK are the top two markets for the $190 billion Indian IT industry and the spike in Covid-19 cases has brought back concerns of a global lockdown, and how this would impact the sector. Sanchit Vir…
Read More Business As Usual For IT Companies Despite Omicron, Say Experts
The latest changes to the H-1B visa program introduced amid a tough US presidential election campaign are expected to directly affect technology companies, foreign workers, and employers who rely on these non-immigrant US visas. “IT services providers can expect delayed decision-making and…
Last night the US administration sent yet another shock wave to the Indian IT by announcing changes to the H1B visa program again. Amongst the broader posture of clamping down aggressively on the number of visas issued, the Trump administration has…
Read More Trump Takes Another Stab At H1B Little Realizing It May Cause More Harm Than Good
The information technology (IT) industry is laying off thousands of employees across the globe and in India, on grounds of non-performance, lack of projects and rightsizing surplus staff as pressure mounts on firms due to an uncertain business environment. …
Read More IT Companies Resort To Layoffs As Pressure Mounts Due To Covid Crisis
The hunt for the right acquisition in the IT industry is expected to pick up pace as valuations are down to a historical low, with the possible merger of mid-tier players Mindtree and L&T Infotech playing out earlier than expected. …
Read More With Valuations At Historical Low, M&A Activity To Pick Up Pace In IT Industry
US President Donald Trump’s order restricting American federal agencies from hiring foreign workers, including those on the coveted H-1B visas, is likely to further squeeze Indian outsourcers as they work on many such projects either directly or as sub-contractors. …
As the proverbial light at the end of the Covid-19 tunnel increasingly seems like a mirage, with every day bringing new challenges, IT budgets are under increasing pressure. But companies are also spending on initiatives that will help them recover quickly…
Read More Companies Pivot To Digital Even As IT Budgets Are Under Pressure
In what could be a respite for Indian IT professionals and those working in the healthcare sector in US, the Trump administration has announced certain exemptions in H-1B and L-1 travel ban for those continuing employment with the same employer.…
Read More Some Relief For Indians As Trump Allows Certain Exemptions In H-1B, L-1 Ban
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The software industry is facing mounting challenges as countries from Australia to the United States have moved to tighten work visas to limit the influx of foreign workers. "The sense of protectionism is becoming a global phenomenon," said Mr Sanchit…
American President Donald Trump’s policy to protect jobs by imposing restrictions on H-1B visas is unlikely to be of any help to that country and may hurt US interests, say experts. What Trump is seeking to protect are entry level…
Read More Irony Of H-1B Visa Policy: Jobs Trump Is Trying To Protect Are About To Vanish Altogether
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…
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…
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…
A starting salary of Rs 1.25 crore per annum to a Delhi student matches the average pay package of American software engineers but is still 40-50% more that what Indian techies working in the US earn. “An average American software-engineer…
Read More Rs 1.25-Cr Uber Package: Delhi Student’s Offer Matches Silicon Valley Salaries
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
