BUSINESS
H-1B visa: What happened in US immigration this week?
Two decisions that made getting H-1B visas difficult have been put on hold for 60 days, awaiting review.
BUSINESS
Fresh H-1B approval rates for Indian IT firms rise between July and September 2020: American think tank
The increase is attributed mainly to US court rulings that rescinded two unfavourable memos of 2010 and 2018, which had resulted in increased rejection rates between October 2019 and March 2020.
BUSINESS
How did mid-tier IT firms perform in Q3 FY21?
Just like top IT firms, tier II IT firms too have been among the biggest gainers during the pandemic as their stock prices more than doubled since April 2020.
BUSINESS
Large deals to drive growth for Mphasis: CEO Nitin Rakesh
Company takes Blackstone exit reports in its stride, even as it tries to pull up declining DXC business
BUSINESS
Covid: HCL Tech working with industry bodies to get its employees and their families vaccinated
The company, which has 1.59 lakh employees, is in touch with NASSCOM, CII and vaccine producers while awaiting clarity from the government on the vaccination policy
BUSINESS
New year starts on a good note for techies with ramp up in hiring and likely favourable H-1B regime
With favourable H-1B visa regime in the offing under Joe Biden administration, ramp up in hiring by tech firms and salary increments, there is no good time to be a techie than now
BUSINESS
IT services companies’ subcontracting costs rise as demand picks up
Most contract staffing firms have seen demand go back to 80-90 percent of pre-pandemic levels. According to contract hiring executives, the share of subcontracting will increase due to rising demand and increasing acceptance of the work-from-home model
BUSINESS
H-1B visa: President Joe Biden’s proposed immigration bill could bring relief for Indian techies, IT firms
One of the provisions of the bill was to provide US citizenship to 11 million undocumented immigrants, including 500,000 from India, in an eight-year time frame. But there was more in store for H-1B workers and students who would like to pursue education in the US.
BUSINESS
L&T Technology Services to roll out salary hikes
While junior employees will get their increments effective April 1, senior employees’ salary increases will be rolled out in July.
BUSINESS
Take a Hike: Why Kavin Mittal shot the messenger
The shutdown of Hike’s messaging service surprised many, but for those watching closely, the signs were always there. More than four years after it became a unicorn, Hike, which has now entered other segments such as gaming, is finding it harder than ever to justify that tag.
BUSINESS
What can Indian H-1B visa holders and aspirants expect as Joe Biden sworn in as 46th US President today?
After the wage hike rule, the Department of Homeland Security (DHS) implemented a final rule to strengthen H-1B visas with the focus on employer-employee relationships.
TRENDS
Explained: How TikTok has users in India despite the ban
TikTok despite the ban saw more monthly active users on the platform than the social networking platform Instagram.
BUSINESS
Privacy is not a fad and, for people who value it, Signal represents a viable alternative: Brian Acton
People want to choose who owns their data instead of being told their only option is to comply, says Brian Acton, co-founder of the Signal Foundation, which runs the messaging platform. Signal, he said, has no ads, no trackers, no data. It is a non-profit whose motivation is to protect people and help maintain their privacy. And, he emphasises, it will never be acquired by a major tech company
BUSINESS
Mindtree gets ready with its healthcare play strategy for roll out
In addition to healthcare, the company is also focusing on expanding its presence in the non-US regions such as Continental Europe.
BUSINESS
HCL Technologies will consider more metrics to measure growth from products and platform: CEO C Vijayakumar
C Vijayakumar is confident that in the next five years, the industry’s growth will outpace its growth in the past five years. The IT services sector can definitely record double-digit growth, said the HCL Tech CEO
BUSINESS
These two US rules on H-1B visa can hit Indian IT companies hard
In a last-ditch attempt to push its anti-immigration agenda, the Trump administration last week reissued rules for wage hikes and H-1B visa programme.
BUSINESS
HCL Tech's growth streak to continue as it looks at multi-year technology upcycle, says CFO Prateek Aggarwal
CFO Prateek Aggarwal said that at the back of the COVID-19 pandemic, enterprises across the board are accelerating their technology adoption and this process will take years to be completely digital.
BUSINESS
Large deal momentum demonstrates strength and capabilities of Wipro: CFO Jatin Dalal
BUSINESS
Wipro hired 14,000 people in Q3, robust hiring plan in place for coming months
Wipro's Chief Human Resources Officer Saurabh Govil said the company is making big investments in Europe, US and Asia Pacific and on new technology areas, adding that supply-side constraints would not hold back the growth momentum.
BUSINESS
What drove TCS’ blockbuster Q3 performance?
TCS, which does not normally issue guidance on its likely performance in the quarters ahead, sees itself getting on to a double digit growth trajectory in FY22 as it anticipates a multi-year technology transformation cycle
BUSINESS
Interview | TCS to recruit 40,000 from campuses in FY22, says CFO V Ramakrishnan
In an interaction with Moneycontrol, TCS CFO V Ramakrishnan talks about what drove growth for the seasonally weak December quarter, demand environment, hiring and work from home.
BUSINESS
H-1B visa: What happened on immigration in US this week?
After extending the ban on skilled work visas like H-1B till March 2021, the Trump administration on January 8 published the final rule that ended the H-1B lottery process.
BUSINESS
Explained: How will the new wage-based selection of H-1B petitions work?
Every year the US government issues 85,000 H-1B visas for skilled immigrant workers. However, the number of registrations far exceeds the quota.
BUSINESS
Explained | How does Facebook’s AI tool for suicide prevention work?
Along with its community operations team, the social media giant has an AI tool that picks up phrases or words that signal distress or trouble in posts as well as comments to alert authorities or get help to the person.
