The U.S. clarified on Friday that an L1 foreign worker's visa is not available to the owner of a single-person company.
It is important to set transparent and objective criteria for the news process. They should also include ways to handle bidders who game the scoring system
Upcoming executive order will impact new H-1B applicants, whereas renewals and visa transfer applicants are unlikely to be affected.
The total orderbook now stands at Rs 10250 crore, said Nitin Patel, Director, Sadbhav Infrastructure Project.
Proposed curbs on H1B visas coupled with US President Donald Trump's protectionist rhetoric has seen some recruitment firms reporting doubling of queries from US-based Indian professionals in recent weeks.
Draft order proposes to reverse the previous US administration‘s decision to allow spouses of H1B visa holders to work in the country.
"The US should revisit the issue of hike in visa fee, and find appropriate alternatives to fund their (social) objectives. Also, there should be clear commitment against such discriminatory steps in future," R Chandrashekhar, President of Nasscom told PTI.
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States, where outsourcing companies send thousands of staff every year to work at client locations
Manu Parpia, MD & CEO, Geometric says the company will see modest increase in revenue over the next two quarters.
The hike in the H1 B and L1 visas in 2010 has created an uproar in the Indian IT industry with applications for H1B visas falling by 58% in FY11. CNBC-TV18 learns that the commerce ministry has formulated a list of demands along with industry body NASSCOM, which will be presented to US Trade Secretary during the joint trade talks in Washington.