Business

Serious Actions' On H-1B Visa Would Worry India

If there are serious actions taken it's something that's going to kind of worry us a lot.

Trump Tower Mumbai Sales to Resume

Lodha Group plans to resume sales at Trump Tower Mumbai after a post-election hiatus.

Top Reason For Indians to Spend Money Abroad

Foreign travel—for the first time—has become the number one reason why Indian individuals spend money overseas.

Ikea Plans to Double Product Sourcing From India by 2020

Ikea’s Henrik Gunnerling says currently the furniture maker sources products worth €318 million from India and will double this by 2020 to around €600 million

US Accuses TCS, Infosys Of Violating H-1B Visa Norms

The US has accused top Indian IT firms TCS and Infosys of unfairly cornering the lion's share of H-1B visas.

Vijay Mallya Laundered Money to British Cos

The ED's findings on money laundering have been shared with the UK and are in addition to the CBI's exhaustive extradition “dossier“.

India Tops Global Remittances at $62.7 Billion

Notwithstanding a significant 8.9 per cent drop in remittances+ to India in 2016, the country retained the top spot among remittances receiving nations.

Apple to Start Trial Assembly of iPhones in India

Apple Inc, is expected to start “trial assembly” of iPhones in India next month regardless of the outcome of its requests for certain concessions from the central government

Arun Jaitley Raises H1-B Visa Issue With US Commerce Secretary

Arun Jaitley “strongly raised” the key H-1B visa issue in his meeting with US Commerce Secretary Wilbur Ross in Washington DC.

Wipro Sacks Around 600 Employees

The development comes at a time when Indian IT companies are facing an uncertain environment given the curbs being proposed on worker visa norms by various countries.

Everywhere Indian Engineers Are Unwanted

With the rise of nationalist sentiment around the world, countries from the west to the east have been making moves to weed out the foreign worker population for years now.

Vijay Mallya to Stay Confined to UK Home

The government's effort to bring Vijay Mallya to justice in India for defaulting on bank loans got a boost on Tuesday when the UK accepted its request to help extradite the absconding tycoon.

Internal Process on in The UK in Mallya Case

The extradition process from the UK involves a number of steps including a decision by the judge whether to issue a warrant of arrest.

How India Managed to Crack The Vijay Mallya Code

Political will, diplomatic finesse ease way for Vijay Mallya's arrest.

Visa Policy Changes: India In Touch With US, Australia

The government is in touch with the governments of the United States and Australia on these matters and is also making full assessment of impact of these recent changes.

Not Surprised On Rising Job Queries by US-Based Indians

The number of Indians in the US searching for jobs in India has gone up more than ten-fold between December and March.

Trump Signs Order to End H-1B Misuse

US President Donald Trump issued an executive order on Tuesday curtailing the purported misuse of guest workers visa.

Indian Tycoon Faces Extradition After UK Arrest

Indian tycoon Vijay Mallya has been arrested in London following an extradition request from India where he is accused of fraud.

20,000 Desi Sellers Ride Amazon to US, Europe Shores

Online retail major Amazon.com is now taking products from over 20,000 sellers in India and selling all over the US and in Europe as well.

Paris is The New Tax Haven For FPIs

Foreign funds and global banks are taking advantage of India’s treaty with France by using Paris as a base for investments in India to escape tax

Indian Business Tycoon Vijay Mallya Arrested in The U.K.

London's Metropolitan Police confirmed that Mallya was arrested on an extradition warrant after surrendering himself at a police station.

Donald Trump Seeks Shift in Visa Allotments Crucial to Tech Outsourcing

S President Donald Trump is set to sign an executive order that would tighten the process of issuing the H-1B visas and seek a review of the system for creating an "entirely new structure" for awarding these visas.

Australia Abolishes Visa Programme Used Largely by Indians

In an unexpected announcement, Australian Prime Minister Malcolm Turnbull today said the government will replace its popular 457 visa that brings temporary foreign workers to the country.

Vijay Mallya Arrested in London

Embattled business mogul and loan defaulter Vijay Mallya was arrested by Scotland Yard on an extradition warrant.

H1B Visa Applications Drop as US Employers Anticipate Reforms

Employers seeking H1B visas for 2018 submitted 199,000 applications this year, compared with 236,000 last year, US Citizenship and Immigration Services said

NRIs Can Remit up to $1 Million From Sale of Property in India

NRIs are allowed to remit up to $1 million from the sale proceeds of property in India from their NRO account.

Indians Who Bet on The Hottest Virtual Currency

Bitcoins can be bought or mined (discovering new ones) but the latter requires high-end computing power and lots of time.

India Reeling Under Job Vacancies

Despite a population of 121 crore — 31% of them aged between 20 and 44 years — India continues to reel under severe staff shortage, ranging from 20% to 50%, in crucial services.

Sebi Set to Block P-Note Route For NRIs to Prevent Laundering of Black Money

The regulator plans to put in place a clear bar on NRIs and entities owned by them and resident Indians subscribing to participatory notes, a move aimed at preventing possible round-tripping or laundering of black money.

Air India Offers Discounted Star Award Redemption For Travel in US

Government-owned Air India on Saturday announced a discounted Star award mileage redemption offer for passengers planning to travel within the USA.

Indian Man Pleads Guilty to Running Call Center Scam in US

A 43-year-old Indian in the US has pleaded guilty to illegally running a multi-million dollar Ahmedabad-based call centre and defrauding individuals.

From Cash to Cashless – The India Story

Our transition into a robust digital ecosystem can only be envisioned on the back of a solid telecommunications network.

With Brexit, U.K.-India Pact Could Boost Trade

The potential for the growth in India-U.K. trade following Brexit is an issue that has cropped up frequently in the debate around Britain’s decision to leave the E.U.

Indian Arrivals to Malaysia on The Rise

The demonetisation crisis might have put a dent on Indian outbound travel to Malaysia in 2016, but Malaysian agents are finally seeing signs of recovery from the market.

India to Make Coaches For Some of The World's Biggest Metro Projects

Drawn to India by an explosion in metro-rail projects, Alstom SA and Bombardier Inc are now poised to use the nation known for being the world’s back-office as a manufacturing export hub.

Apple’s Make in India Tax Demands Rejected Due to GST

Minister says the issues of tax incentives for Apple will have to be taken up by the GST council.

Singapore Quietly Shutting The Door on Indian Techies

Nearly 10,000 miles away from the anti-immigrant climate in Trump’s America, an island nation has been clamping down on Indian tech workers

Indians Studying in US Universities Don’t Have to Worry About H1-B Visa Row

US universities are dismissing all fears, saying Indians studying in the US need not be nervous due to recent row over HI-B visa.

H1B Visa Reform Hits Tech Billionaires

US President Donald Trump’s H1B visa reform policies have eroded the net worth of India’s high-profile technology tycoons, including Azim Premji

Donald Trump Puts Indian Workers First With New Millennium Bug

By leveraging Trump's visa crackdown, Indian Prime Minister Narendra Modi could boost the nation's tech sector and create even more jobs at home.

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