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Havn't heard, seen massive layoffs in IT sector: Gopalakrishnan

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.

'IT to remain net recruiter, automation to watch out for'

'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.

HCL Tech to buyback stock at 17% premium for Rs 3,500 crore

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.

More trouble for Indian IT professionals: After US, Singapore tightens visa norms

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.

H-1B visa row: Our IT companies not stealing US jobs, but creating them, says Ravi Shankar Prasad

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.

Stop sending Indians on H1-B visas, hire US locals: Narayana Murthy to Indian IT companies

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.

`Trump not planning any executive order on H-1B visas`

`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.

H-1B reform bill introduced in US House of Representatives; seeks doubling of minimum salary to $ 130,000

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.

This is why H1-B visa may become allusive soon, IT workers to be hit hardest

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.

How Brexit will affect India

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.

Companies with UK exposure trade mixed ahead of Brexit vote outcome

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.

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. Watch complete news story of Share Bazaar Live and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

Indian companies to pay $4,000 more for H-1B visa fee

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.

US visa fee hike discriminatory, targeted at Indian IT companies: Arun Jaitley

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

US hikes H1B, L1 visa fee; to hit Indian IT companies

US hikes H1B, L1 visa fee; to hit Indian IT companies

In a blow to Indian IT firms, the US has notified an additional fee up to USD 4,000 for certain categories of the popular H-1B and L-1 visas.

US formally notifies increase in H1B and L1 visa fee

US formally notifies increase in H1B and L1 visa fee

The US Citizenship and Immigration Service (USCIS) said applicants for certain categories of H-1B visas post December 18, 2015 must submit an additional fee of USD 4,000.

Indian IT companies shocked as US raises H1B visa fee by double

Indian IT companies shocked as US raises H1B visa fee by double

The next visa application session kicks off on April 1, 2016.

Bad news for Indian IT companies! US double H1B, L1 visa fee

Bad news for Indian IT companies! US double H1B, L1 visa fee

US decided to impose a special fee of USD 4,000 on certain categories of H-1B visas and USD 4,500 on L-1 visas.

Indian IT firms to step up acquisitions to boost growth: S&P

Indian IT companies are likely to step up acquisitions to strengthen their competitive position and boost slowing growth, a report by Standard & Poor's Ratings Services said Tuesday.

H-1B visa: US scraps discriminatory outsourcing fee on Indian firms

H-1B visa: US scraps discriminatory outsourcing fee on Indian firms

In a relief to Indian IT companies, the US has scrapped an additional fee of USD 2,000 for H-1B visa and USD 2,500 for L1 visa seen as discriminatory.