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US' H-1B Visa Application Fee Hike Will Hit Indian Tech Companies: Industry Body
Industry body Nasscom said the US' move to raise H-1B visa application fee to USD 100,000 will impact India's technology services companies as business continuity will be disrupted for onshore projects that may require "adjustments".
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Trump Threatens 25 Percent Tariffs on Apple If iPhones Not Made in US
US President Donald Trump has threatened Apple with a minimum 25 percent tariff on iPhones if production isn't moved to the US. This escalates pressure on the tech giant, whose extensive iPhone supply chains have long been concentrated in China. Trump's demand highlights a significant challenge for Apple to onshore manufacturing for its popular dev...
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Australia Raises Terror Threat Level From "Possible" To "Probable"
Australia on Monday raised its terror threat level to "probable" from "possible", citing an increase in extremist views in the country leading to a more than 50% chance of the planning of an onshore attack in the next 12 months.
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Taiwan Proposes Bigger Tax Breaks for Chipmakers' Research, Development to Retain Competitive Edge
Taiwan's government has proposed larger tax breaks for chipmakers' research and development into semiconductor technology, as the island nation looks to retain its competitive edge. Governments around the world have been touting incentives to bring chip production onshore, in the wake of a global chip shortage.
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PM Modi Launches Projects Worth Rs 15,233 Crore In Andhra Pradesh
Prime Minister Narendra Modi on Saturday dedicated to the nation the Rs 2,917 crore U-field Onshore Deepwater Block project of ONGC in Andhra Pradesh.
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SpaceX Crew Dragon Capsule With NASA Astronauts Returns Safely to Earth
NASA astronauts Bob Behnken and Doug Hurley, who flew to the International Space Station in SpaceX's new Crew Dragon capsule, splashed down in the Gulf of Mexico after a two-month voyage that was NASA's first crewed mission from home soil in nine years.
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Google to Invest $690 Million in Data Centre, Green Energy in Denmark
Google has also decided to actively pursue new green investment opportunities in Denmark and is evaluating a number of projects within onshore and offshore wind energy and solar energy.
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India Proposes Easing Local Data Storage Rules for Foreign Payment Firms
Easing the proposal would be a relief for firms including MasterCard, Visa and American Express, which fear India's data onshoring move.
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India Said to Resist Lobbying by US Payment Firms to Ease Local Data Storage Rules
The payment companies are worried India's data onshoring move could set a precedent and nudge other major governments to implement similar rules.
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50 Million Litres Of Crude Stolen From India's Largest Onshore Oilfield
Police in Rajasthan have cracked a criminal syndicate accused of smuggling more than 50 million litres of crude oil inside water tankers from India's largest onshore oilfield, an official said.
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Goa's Casinos Under Attack Again As Parties Race to Make Election Pledges
The Congress has promised to ban all casinos in Goa if it is voted to power, including, its manifesto says, "floating casinos in Goa's river." State Congress chief Luizinho Faleiro said that in the first phase, casino boats that float in the Mandovi river would be shut down and in the second, onshore casinos would be targeted. The manifesto was rel...
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Japan Readies Military To Shoot Down North Korean Rocket
Japan's Defense Minister Gen Nakatani on Wednesday ordered ballistic missile defense units, including Aegis destroyers in the Sea of Japan and Patriot missile batteries onshore, to be ready to shoot down any North Korean rocket that threatened Japan.
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Magnitude 6.8 Earthquake Strikes Chile, No Tsunami Seen
A magnitude 6.8 earthquake struck just onshore in Chile in the early hours of Saturday, but no damage was reported and the navy said it did not expect a tsunami.
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Simon Xie: Jack Ma's Unassuming Lieutenant at Alibaba
Alongside Ma, the reclusive Xie wields full legal sway over the onshore entities and their critical contracts.
-
BPOs embrace 'onshore' outsourcing to boost business
Having successfully serviced American and European clients from India for almost a decade, BPOs are now strengthening their 'onshore' presence in these countries to tap new opportunities.Offshore outsourcing is the practice of hiring an external firm to perform some business functions in another country at lower costs. When the work is done in the ...
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US' H-1B Visa Application Fee Hike Will Hit Indian Tech Companies: Industry Body
Industry body Nasscom said the US' move to raise H-1B visa application fee to USD 100,000 will impact India's technology services companies as business continuity will be disrupted for onshore projects that may require "adjustments".
-
Trump Threatens 25 Percent Tariffs on Apple If iPhones Not Made in US
US President Donald Trump has threatened Apple with a minimum 25 percent tariff on iPhones if production isn't moved to the US. This escalates pressure on the tech giant, whose extensive iPhone supply chains have long been concentrated in China. Trump's demand highlights a significant challenge for Apple to onshore manufacturing for its popular dev...
-
Australia Raises Terror Threat Level From "Possible" To "Probable"
Australia on Monday raised its terror threat level to "probable" from "possible", citing an increase in extremist views in the country leading to a more than 50% chance of the planning of an onshore attack in the next 12 months.
-
Taiwan Proposes Bigger Tax Breaks for Chipmakers' Research, Development to Retain Competitive Edge
Taiwan's government has proposed larger tax breaks for chipmakers' research and development into semiconductor technology, as the island nation looks to retain its competitive edge. Governments around the world have been touting incentives to bring chip production onshore, in the wake of a global chip shortage.
-
PM Modi Launches Projects Worth Rs 15,233 Crore In Andhra Pradesh
Prime Minister Narendra Modi on Saturday dedicated to the nation the Rs 2,917 crore U-field Onshore Deepwater Block project of ONGC in Andhra Pradesh.
-
SpaceX Crew Dragon Capsule With NASA Astronauts Returns Safely to Earth
NASA astronauts Bob Behnken and Doug Hurley, who flew to the International Space Station in SpaceX's new Crew Dragon capsule, splashed down in the Gulf of Mexico after a two-month voyage that was NASA's first crewed mission from home soil in nine years.
-
Google to Invest $690 Million in Data Centre, Green Energy in Denmark
Google has also decided to actively pursue new green investment opportunities in Denmark and is evaluating a number of projects within onshore and offshore wind energy and solar energy.
-
India Proposes Easing Local Data Storage Rules for Foreign Payment Firms
Easing the proposal would be a relief for firms including MasterCard, Visa and American Express, which fear India's data onshoring move.
-
India Said to Resist Lobbying by US Payment Firms to Ease Local Data Storage Rules
The payment companies are worried India's data onshoring move could set a precedent and nudge other major governments to implement similar rules.
-
50 Million Litres Of Crude Stolen From India's Largest Onshore Oilfield
Police in Rajasthan have cracked a criminal syndicate accused of smuggling more than 50 million litres of crude oil inside water tankers from India's largest onshore oilfield, an official said.
-
Goa's Casinos Under Attack Again As Parties Race to Make Election Pledges
The Congress has promised to ban all casinos in Goa if it is voted to power, including, its manifesto says, "floating casinos in Goa's river." State Congress chief Luizinho Faleiro said that in the first phase, casino boats that float in the Mandovi river would be shut down and in the second, onshore casinos would be targeted. The manifesto was rel...
-
Japan Readies Military To Shoot Down North Korean Rocket
Japan's Defense Minister Gen Nakatani on Wednesday ordered ballistic missile defense units, including Aegis destroyers in the Sea of Japan and Patriot missile batteries onshore, to be ready to shoot down any North Korean rocket that threatened Japan.
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Magnitude 6.8 Earthquake Strikes Chile, No Tsunami Seen
A magnitude 6.8 earthquake struck just onshore in Chile in the early hours of Saturday, but no damage was reported and the navy said it did not expect a tsunami.
-
Simon Xie: Jack Ma's Unassuming Lieutenant at Alibaba
Alongside Ma, the reclusive Xie wields full legal sway over the onshore entities and their critical contracts.
-
BPOs embrace 'onshore' outsourcing to boost business
Having successfully serviced American and European clients from India for almost a decade, BPOs are now strengthening their 'onshore' presence in these countries to tap new opportunities.Offshore outsourcing is the practice of hiring an external firm to perform some business functions in another country at lower costs. When the work is done in the ...
