Feb 26, 2018 - Trump government makes H-1B visa approval tougher, Indian IT firms to be hit

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Commercial coal mining for private sector most ambitious reform since nationalization of coal mining
The latest approval for opening up of commercial coal mining for private sector is seen as the most ambitious coal sector reform since the nationalism of this sector in 1973. It is also seen as boosting the national economy with large scale generation of employment and operational efficiency for corporates.

It should be noted the Union Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi approved the methodology for auction of coal mines and blocks for sale of coal under the Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957. More here

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Wipro started as an oil mill 75 years ago. Today it bought a UK consulting firm for $1.45 billion

While analysts and industry watchers concurred that it was a bold move, they also expressed concern because integrating a consulting firm is not easy, simply because the culture and cost structure are completely different.

Today's TradeBriefs Cartoon

Cyber attack: ‘Reasons for startups’ data breaches go beyond lack of focus on securing apps, websites’

Hackers are becoming more and more interested in the data of Indian consumers. 2020 saw a series of startups' data breaches which left consumers and even businesses asking one question - How secure are we?

TCS launches Covid-19 testing and vaccine management suite

Vaccination for Covid-19 involves a highly complex orchestration of multiple stakeholders — from manufacturing to allocation to storage, and reporting to monitoring

Cognizant Tech rolls out promotions, payouts for staff

Move aimed at curtailing staff attrition, which had seen 3,000 leaving the company in 2020

HCL Tech’s US arm to raise $ 500 million via senior unsecured Notes

The Notes will be listed on the Singapore Exchange Securities Trading Limited

Ganesh Natarajan appointed Chairman of Honeywell Automation India

Honeywell Automation India Limited has appointed Ganesh Natarajan as Independent Director (Non-Executive) and Chairman of its Board of Directors, effective March 8.As Chairman, Natarajan will offer g

This decade will mirror the ’90s: Kenneth Andrade

The veteran of the investment industry argues that this decade will witness an export-led growth. And while IT and pharma would rule the economy, other smaller industries too will jostle to rise up.

Wipro to acquire Capco, a global management and technology consultancy to banking and financial services industry, for $ 1.45 billion

Wipro to acquire Capco, a global management and technology consultancy to banking and financial services industry, for $ 1.45 billion

Big Tech firms see tax windfall after Supreme Court ruling on Microsoft

Big Tech firms, including Facebook, Amazon and Google, are set to file for tax refunds in India following a Supreme Court judgment on tax on royalty, but all may be not lost for the government.

India’s new digital media rules will harm open Internet: Mozilla

“Ripple effects of these provisions will have a devastating impact on freedom of expression, privacy and security,” Internet company Mozilla said.

An era of coding, robotics and A.I. for education

Coding, robotics and Artificial Intelligence (A.I.) are important skills of the 21st century to succeed professionally.

India to expand space ties with Italy: ISRO

India has agreed to expand space cooperation with Italy by tapping opportunities in earth observation, space science, robotic and human exploration, the state-run Indian space agency said on

Infosys to double Canadian workforce to 4,000 by 2023, announces 500 new jobs in Calgary

Infosys plans to build a strong pipeline to expand the skills needed to accelerate digital transformation.

Infosys steps up local hiring strategy in key markets

Over the last few years, it has been stepping up hiring of local, visa-independent employees. In September, the company announced its plan to hire 12,000 American workers, taking its employment commitment in the US to 25,000 by 2022

Infosys, TCS, Wipro not dependent on H-1B visa for US positions

Even as Indian tech workers make up the bulk of H-1B recipients, it's not Indian companies that are hiring them.

Tech firms lend support to India’s covid vaccination drive

Vaccines administered at government health facilities are free, while private facilities cannot charge more than ₹250 per dose, the Centre has said

Ireland to Malta, UAE to Belgium — all want Indian nurses, offer better pay and perks

Kerala govt’s overseas employment body alone has sent 253 nurses abroad from 1-23 Feb, over 6 times its usual monthly number. Dubai is offering Rs 2 lakh/month salary.

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