Business

India IT Sector Fears New US H-1B Visa Bill For Skilled Workers

India is concerned that a new US bill designed to limit the entry of highly-skilled workers will have a serious impact on the country's IT industry.

Trump Government Tables New H-1B Bill

A legislation has been introduced which calls for more than doubling the minimum salary of H-1B visa holders to USD 130,000, making it difficult for firms to use the programme to replace American employees with foreign workers, including from India.

Indian IT Sector Warns Against U.S. Visa Bill

India's IT lobby warned that a bill before the U.S. Congress aimed at imposing tougher visa rules unfairly targets some of its members and will not solve a U.S. labor shortage in technology and engineering.

Benefits of The Third Protocol to The Singapore-India Tax Treaty

The purpose of the update was to bring parity between Singapore and Mauritius investors with respect to the alienation of shares of Indian companies.

Donald Trump Administration Drafts Executive Order on H1B Visas

Donald Trump’s administration has drafted an executive order aimed at overhauling the work-visa programmes tech companies depend on to hire employees.

Start-ups Banned From India Recruitment

In India start-up companies had become the biggest recruiters of new graduates.

Indian Techies, Students in US Could Face Tough Times

If implemented, the executive order could seriously hit the movement of students and skilled employees from India to the US.

India’s Demonetization Shock Pushes Nepal Closer to China

Frustrated by India’s failure to help address the fallout of New Delhi’s rupee demonetization, Nepal is turning to China for economic and security matters.

India's IT Industry Fears a Hit From Trump's Ban

One major target is expected to be the H-1B and L-1visa programmes that Indian IT companies use to move employees to the US for long periods to work on customer projects.

Indian-American Lawmakers Slam Trump's Immigration Policy

Indian-American lawmakers today slammed US President Donald Trump for signing executive orders to reshape the country's immigration policies, describing the move as "anti-immigrant" that will "tear apart" families.

Apple Proposes to Set up Assembly in India

Apple is keen on assembling its iPhones in India, considering that India is the one of the world's fastest growing smartphone markets.

Apple Seeks Government Help to Make in India

Apple, the maker of iPhones, has sought assurance and policy support from the government for its manufacturing plans in India.

Indian-origin CEOs Ruling The Technology Industry

From Google to Microsoft, Cognizant to NetApp -- Indians run some of the world’s biggest technology companies.

Indian IT Industry Could Suffer if Trump Gets Tough on Visas

There is growing concern that India’s $150 billion information technology industry, which relies heavily on exports to the United States, could slow and become less competitive if the Trump administration tightens rules on hiring skilled foreign workers.

India Reaps What Iron Lady Sowed in The Gulf

Little did Margaret Thatcher realise when she urged British expatriate executives in the Gulf in the 1980s to buy British cars that one day it would turn out to be a good thing for India.

NRIs Can Exchange Old Notes Till June 30

The demonetization announcement on November 8 banning high denomination currency notes brought with it shock and surprise.

US Border Tax: Indian Pharma Companies May be Hit

Domestic pharmaceutical companies may be impacted and could see a rough road ahead in the US.

New Legislation to Tighten H-1B Visas to Foreign Techies

It will ensure the "best and brightest" students being educated in the US receive preference for an H-1B visa.

UK Expresses Keenness to Have FTA With India

Johnson said what the UK and India can manage to achieve together, they may not be able to pull-off individually while stressing for a need to "turbo-charge" India-UK trade ties.

Singapore And India to Include Limitation of Benefits in DTAA Amendment

Singapore and India agreed on amending their Double Taxation Avoidance Agreement (DTAA) for capital gain income.

Washington Dulles to Get Non-stop India Flights on Air India

Washington’s Dulles International Airport will get a non-stop flight to India thanks to new routes being added by Air India.

NRI Equity Assets up Three-fold on Modi Optimism

Non-residents remain bullish despite single-digit equity market returns since May 2014

Indian-American Entrepreneur Under Consideration to Lead FDA

Indian-American Balaji S Srinivasan, a successful Silicon Valley-based entrepreneur and CEO of a bitcoin startup, is under consideration for Trump administration's pick to lead the Federal Drug Administration (FDA) after he met the US President-elect.

How Indian IT Companies Plan to Tackle New H-1B Visa Rules

Industry watchers argue that while Indian IT companies are exploring multiple ways to mitigate the impact of visa restrictions, they have no other option but to increase hiring in overseas markets.

Apple App Store Prices Rise in India

Apple is to put up the price it charges for apps in the UK, India and Turkey.

When Fast Food Gets an Indian Twist

McDonald's created quite a stir when it announced plans to start serving classic Indian dishes in the form of burgers.

Hindu Board Insists Chettiars Sent Donation Money to India

The PHEB had alleged the Chettiars managing the silver chariot and Lord Murugan temple were mostly Indian nationals, holding permanent resident status.

Gandhi Slippers Sold on Amazon Enrages India

Flip-flops bearing the face of India's independence icon Mahatma Gandhi, for sale on Amazon, triggered fresh outrage.

India Popular in Asia-Pacific Region For Expat Entrepreneurs

Expat Explorer survey revealed that India draws more expat entrepreneurs than countries in the Middle East, such as Bahrain and the UAE

New H1-B Bill Indian IT Margins May Take a Hit

The Donald Trump administration which will take charge on 20 January in the US has announced that it will push for legislative measures to curb misuse of H1-B and L1 work visas significantly used by Indian IT professionals.

Why Changes in H-1B Visa Rules Will Worry Indians

Donald Trump has listed immigration reform among executive actions he plans on his first day in office.

Amazon Sorry Over India Flag Doormat Fiasco

Online retailer Amazon has apologised for selling doormats featuring the Indian flag on its Canadian website.

Kenya Woos Indian Investors to Explore Africa Markets

Asserting that Kenya is a "safe and lucrative" investment destination, its President Uhuru Kenyatta today exhorted Indian businesses to invest there and use the country as a launchpad to explore "enormous" African markets.

Indian Mutual Fund Houses That Allow USA/Canada-based NRIs to Invest

Many NRI investors based in the USA and Canada are still asking around when will they be able to invest in Indian mutual funds again.

Amazon Removes Indian Flag Doormat

External affairs minister Sushma Swaraj said she would revoke visas for Amazon officials in India if ‘insulting’ products were not take down from Canada site

Diamond Jewelry Market: India to Pip Europe by 2020

The global diamond market likely to grow at 2% to 5% yearly on strong US fundamentals and continued growth of middle class in China and India.

H1B Visa Reform To Increase IT Firms' Margin Pressure

T firms' margins will come under more pressure if the US government clears the H1B visa reform Bill -- 'Protect and Grow American Jobs Act'.

NRIs to Help Startups Link With Silicon Valley

The Kannadiga NRIs from the Silicon Valley are on a mission to bridge the gap between angel funding and mentoring to ensure startups in Karnataka get the much needed push.

Trump Plans To Restrict H-1B Visas

For the new political order taking shape in Washington, H-1Bs aren't quite welcome.

India Will Outpace China in Growth, Despite Demonetisation

Even if the demonetisation created a slowdown, it is not going to change the long-term momentum of where India is going with its economic growth,

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