THESE Wipro employees to get 100 per cent variable pay; check payment date
In addition to introducing variable compensation, the IT behemoth has promoted 16,000 internal staff members so far this year. In the second quarter of the current fiscal year, the corporation claimed to have hired 605 new employees.
Nov 07, 2022, 13:50 PM IST
President Joe Biden very clear about restoring order to immigration system: White House on H-1B work visas
The White House spokesperson was responding to a question on an influential immigration advocacy group representing Indian-Americans urging the Biden administration not to issue the most sought-after H-1B work visa to any individual born in India, till the time the discriminatory country-cap on green cards or permanent legal residency is removed.
Feb 12, 2021, 07:25 AM IST
No plans to place caps on H-1B work visas over data storage rules, clarifies US
Any proposed cap on H-1B work visas will affect the Indian skilled workers the most.
Jun 21, 2019, 09:53 AM IST
H1B approvals for Indian IT companies drop by 43% between 2015-17: Report
The National Foundation for American Policy in a report said that the 8,468 new H-1B visas for Indian-based companies in the finanacial year 2017 equaled only 0.006 percent of the 160 million in the US labour force.
Apr 25, 2018, 13:33 PM IST
India, ASEAN marked by 3 C’s of Culture, Commerce and Connectivity: Ravi Shankar Prasad
Prasad highlighted that Indian IT companies did not displace jobs but rather created employment opportunities, infused investments and expanded capacities in markets where they are present.
Jan 23, 2018, 17:29 PM IST
Wipro announces Rs 11,000 crore share buyback
The company said it will disclose additional information on the terms and conditions of the buyback in due course in accordance with Buyback Regulations.
Jul 20, 2017, 18:51 PM IST
Havn't heard, seen massive layoffs in IT sector: Gopalakrishnan
The opportunities for new recruitment and promotions have shrunk in India's IT industry, a phenomenon natural when growth slows down, says an industry expert, who sees no merit in reports about massive layoffs.
Jun 05, 2017, 15:27 PM IST
'IT to remain net recruiter, automation to watch out for'
Recent layoffs in Indian IT companies are not different from the past and the sector will remain a net recruiter, but the numbers will be "calibrated" and automation impact will be crucial, says a report.
May 28, 2017, 12:43 PM IST
HCL Tech to buyback stock at 17% premium for Rs 3,500 crore
India's fourth largest software services firm HCL Technologies on Wednesday said it will buyback shares at Rs 1,000 apiece, a 17 per cent premium over current trading price.
May 24, 2017, 15:50 PM IST
More trouble for Indian IT professionals: After US, Singapore tightens visa norms
While the Trump administration, on one hand, fuelling rise in anxiety in India with its clampdown on H1-B visa programme, Singapore has been quietly cutting down visas for Indian IT professionals over the last few months, the Times of India reported today.
Apr 03, 2017, 12:55 PM IST
H-1B visa row: Our IT companies not stealing US jobs, but creating them, says Ravi Shankar Prasad
Union IT minister Ravi Shankar Prasad on Friday said Indian infotech companies are not stealing American jobs but are in fact creating employment avenues in the world's largest economy.
Mar 17, 2017, 18:33 PM IST
Stop sending Indians on H1-B visas, hire US locals: Narayana Murthy to Indian IT companies
Indian software companies need to stop sending people on H1-B visas and focus on local hiring in the US, Infosys co-founder N R Narayana Murthy said Thursday amid rising concerns over Donald Trump administration's proposals to restrict inflow of foreign workers.
Feb 02, 2017, 23:54 PM IST
`Trump not planning any executive order on H-1B visas`
The Trump administration has no plans to come out with an executive order on H-1B visas, a prominent Indian-American donor and supporter of the US President claimed today, contradicting media reports that have generated anxiety in India.
Feb 02, 2017, 13:07 PM IST
H-1B reform bill introduced in US House of Representatives; seeks doubling of minimum salary to $ 130,000
A legislation has been introduced in the US House of Representatives which among other things calls for more than doubling the minimum salary of H-1B visa holders to USD 130,000, making it difficult for firms to use the programme to replace American employees with foreign workers, including from India.
Jan 31, 2017, 12:27 PM IST
This is why H1-B visa may become allusive soon, IT workers to be hit hardest
Many of you aspiring to go to the US in search of greener pastures may have to rejig career plans as US may soon be bringing in changes in the H1B visa programme aimed at curbing immigrant workforce.
Jan 07, 2017, 12:58 PM IST
How Brexit will affect India
Brexit may actually strengthen India's position as a truncated EU may have to rework its negotiation strategy in order to gain market access.
Jun 24, 2016, 13:31 PM IST
Companies with UK exposure trade mixed ahead of Brexit vote outcome
Shares of companies with exposure to the UK saw mixed trading ahead of the crucial 'Brexit' referendum outcome.
Jun 23, 2016, 14:54 PM IST
Britain's exit will have an impact on IT sector
Britain's exit will have an impact on IT sector and also to impact on Visa fees.
Jun 23, 2016, 12:18 PM IST
Indian companies to pay $4,000 more for H-1B visa fee
Flagship Indian IT companies would have to pay at least an additional USD 4,000 for every H-1B visa application under the new regulations that came into effect last December, according to details published today by a federal US agency.
May 27, 2016, 12:17 PM IST
US visa fee hike discriminatory, targeted at Indian IT companies: Arun Jaitley
India has expressed concern over the hike in visa fee by the US, saying it is "discriminatory" and largely affects Indian IT professionals
Apr 14, 2016, 15:56 PM IST
