The Donald Trump administration recently announced steps to combat H1B visa abuse and issued new guidelines. The US justice department issued a stern statement to employers saying that it will not tolerate misuse of the visa process to discriminate against US workers. However, Keshav Murugesh, Group CEO at WNS and Chairperson, BPM Council at NASSCOM thinks uncertainty over H1B visas could impact the ability of US companies to grow.
The Indian IT sector is bracing for impact. On the one hand, it has to deal with an American Administration that's clamping down on work visas and on the other side it is working overtime to get ready for the rollout of goods and service tax (GST) on 1 July.
In this digital age, women empowerment also means access to internet and over 2.6 million women in rural India have found their way onto the World Wide Web, thanks to a collaboration between Google and Tata Trusts. The project teaches women to use the internet and to get other women on to the net.
Telecom operators like Bharti Airtel, Vodafone and Idea cellular are feeling the pressure especially as their newest rival Reliance Jio prepares to invest an additional Rs 30,000 crore to ramp up network capacity. CNBC-TV18's Prerna Baruah and Megha Vishwanath find out how Reliance Jio's next salvo could affect these companies.
While India grapples with an acute shortage of physical currency, mobile wallet companies like Paytm and Mobikwik are looking at the government's demonetisation drive as manna from heaven.
In an interview to CNBC-TV18's Prerna Baruah, Gurdeep Singh, CEO-Consumer Business, Reliance Communication, said today's consumers are chat-centric and they do a lot of stuff on chat including commerce, talking and video-calling.
The National Highways Authority of India (NHAI) has a budget to spend Rs 72,000 crore on roads this year. That is three times the Rs 23,000 crores it spent last year. Also the roads ministry is very confident it will bid out the planned 10,000 kilometers of roads planned for this year.
The coal ministry has revised the coal linkage policy for 10,000 mw stressed power plants, sources tell CNBC-TV18.
CNBC-TV18 exclusively learns that the Income Tax Department will soon issue tax notices to nearly 1300 project-affected persons (PAPs) for gains made on selling developed land allotted to them by the City and Industrial Development Corporation (CIDCO).
With many investors ready to back them the company is hopeful of acquiring few distressed assets within the next six months, said Anil Sardana, MD of Tata Power.
It was a dim year for India's power sector. In 2014, the coal block de-allocation, critically low supplies of coal and high debt burdens of electricity companies weighed down the sector. However, a wave of consolidation salvaged it from becoming completely powerless, reports CNBC-TV18's Prerna Baruah.
It is easier to destroy but hard to build. Jignesh Shah witnessed his meteoric rise gradually over the last 2 decades, but saw his empire crumble within a span of just 1 year. He was definitely the newsmaker in 2014, although for all the wrong reasons! Prerna Baruah tells us his story a year after the scam was uncovered.