[ad_1] NEW DELHI/BENGALURU: The panic was real. US work visa holders already in India were scrambling to get tickets back to the US to beat the sudden announcement by President Donald Trump of a Sept 21, 12 am EDT (9.30am IST) deadline for a $100,000 fee per H-1B worker, while there were many claims on…
[ad_1] TOI correspondent from Washington: The Trump White House has walked back a more stringent interpretation of the enhanced $ 100,000 H1B visa fee, clarifying it does not impact current visa holders and applies only to visa applicants in the next lottery cycle which starts around March 2026. Directly contradicting US Commerce Secretary Howard Lutnick’s…
[ad_1] TECH THAT: A JPMorgan Chase office in Mumbai NEW DELHI/BENGALURU: Even though President Trump’s $10,000 H-1B bomb — if it survives legal challenges — is bound to drive up operational costs for tech firms, Fortune 500 companies and global multinationals are accelerating their bets on India. If companies cannot get Indians to work in…
[ad_1] Indian IT firm’s US-listed shares fell overnight following American President Donald Trump’s executive order slapping an additional fee on H-1B visa holders. Infosys ADRs dropped 4%, while Wipro slipped 2% on Friday.Nasdaq-listed Cognizant declined 4.7% on Friday, reflecting investor concerns over stricter immigration policies. Experts warn of an immediate impact on profit margins. “The…
[ad_1] DUBAI: Commerce and industry minister Piyush Goyal is headed to the US Monday to take forward talks for a bilateral trade deal, signaling the proposed agreement is moving ahead after a hiatus of several weeks.“The delegation plans to take forward the discussions with a view to achieve early conclusion of a mutually beneficial trade…
[ad_1] NEW DELHI: Over 5 lakh Indians could be hit by the Trump administration’s decision to impose a hefty $100,000 fee on H-1B visas, prompting India’s IT ministry to go into mission mode. The ministry has begun coordination with the Indian embassy in Washington DC and is working to ease the entry of Global Capability…
[ad_1] New Delhi: The decision to hike H-1B visa fees will choke US innovation and boost India’s, former G20 Sherpa Amitabh Kant said Saturday. “By slamming the door on global talent, America pushes the next wave of labs, patents, innovation and startups to Bengaluru, Hyderabad, Pune, Gurgaon,” he wrote on X.“India’s finest doctors, engineers, scientists…
[ad_1] Trump signed the order raising H1-B visa application fees to $100,000 The recently announced $100,000 H-1B visa fee will apply only to new visa applications and is not an annual charge, the White House press secretary clarified on Saturday. The announcement comes after widespread confusion and concern over the implications of a presidential proclamation…
[ad_1] A proposed US-China agreement on TikTok would give Americans a majority on a board overseeing the app’s US operations, the White House said Saturday. “Americans will control six of the seven seats for a planned board,” White House press secretary Karoline Leavitt told Fox News, according to the Associated Press.Leavitt added, “We are 100…
[ad_1] Companies across consumer electronics, e-commerce, automobiles, retail, logistics, and FMCG are rushing to hire temporary staff as India’s festive season kicks off, following reduced GST rates from September 22. Industry experts say many shoppers had postponed purchases earlier this season, which dented sales, but with firms passing on GST cuts through price reductions, buyers…