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US opens probe against TCS, Infosys for H1-B visa violations

The US government has opened an investigation against two of the biggest Indian outsourcing companies for possible violations of H1-B visa rules, according to a media report.

Ranbaxy shares dive over 9% after Daiichi says misled over probes

Following the weakness in the stock, the market value of the company slipped by Rs 1,527 crore to Rs 16,708 crore.