It Sector

H-4 Visa Repeal In Final Stage; Spouses Of H-1B Holders At Risk Of Losing Jobs

Business | NDTV Profit Team | Friday May 25, 2018

Repeal of H-4 visa, which allows spouses of H-1B visa holders to work in the US, is in the final stage of clearance, the Donald Trump administration has said. With that, the US government is set to render thousands of H-4 visa holders jobless. Once cleared, the move is likely to affect some 70,000 highly-skilled professionals from India. H-4 visas...

At 32%, Rate Of Job Offer Decline Is The Maximum In This Sector: Report

Business | Indo-Asian News Service | Tuesday May 22, 2018

In terms of job offer declines, the IT sector is followed by the offshoring sector at nearly 30%.

"Mission Accomplished," Infosys Director Resigns To Pursue New Role

Business | NDTV Profit Team | Friday May 11, 2018

"My seven years on the board have been exciting, rewarding and eventful," said Ravi Venkatesan.

H-1B Visa Approvals For Indian IT Companies Drop Sharply: Report

Business | NDTV Profit Team | Wednesday April 25, 2018

Based on the H-1B visa data obtained from the US Citizenship and immigration Services (USCIS), the foundation said that the Tata Consultancy Services (TCS) received 2,312 H-1B visas in 2017 as against 4,674 in 2015, registering a drop of 51 per cent.

Market Outlook: Global Cues, Quarterly Results To Influence Trend

Business | Indo-Asian News Service | Sunday April 22, 2018

Last week, forecast of normal monsoon rains, along with healthy earnings in the IT sector, had lifted the Indian equity markets.

TCS Q4 Results: Net Profit Jumps To 6,904 Crore Rupees, Approves 1:1 Bonus Share Issue

Business | NDTV Profit Team | Friday April 20, 2018

TCS reported a net profit of Rs 6,904 crore on net income from operations of Rs 32,075 crore.

Techies Worst-Hit By Job Layoffs: Report

Business | Press Trust of India | Friday April 13, 2018

The report comes amid fears of 'jobless growth' being witnessed in the country at present.

H-1B Visa New Norms Kick In. Five Things To Know

Business | NDTV Profit Team | Friday February 23, 2018

As per the new H-1B visa norms, new employers must provide contracts and itineraries for employees who will work at a third-party location.

At Last, A Woman Takes Center Stage For India's Tech Industry

Business | Saritha Rai, Bloomberg | Wednesday February 21, 2018

Intel Corp. veteran Debjani Ghosh takes over as president of Nasscom in April.

Indian IT Likely To See 7-9% Growth In FY19, May Hire 1 Lakh New Techies

Business | Press Trust of India | Tuesday February 20, 2018

"The domestic revenue may grow at slightly higher pitch of 10-12%, while exports, the mainstay may lag in FY19," said Nasscom president R Chandrashekhar.

Nasscom's Skill Development Platform To Benefit 20 Lakh Techies: 10 Things To Know

Business | NDTV Profit Team | Monday February 19, 2018

For the benefit of 20 lakh technology professions and another 20 lakh potential employees and students over the next few years, PM Narendra Modi today launched Nasscoms platform for skill development in eight technologies, including artificial intelligence. The platform called as FutureSkills aims to re-skill and up-skill the existing and emerging ...

TCS Ranked Among Top 3 Employers In US

Business | Indo-Asian News Service | Monday February 12, 2018

TCS has also been among the top two recruiters of the US and Canadian IT services talent over the past five years.

15 Companies Disqualified From Applying For H-1B Visas

Business | NDTV Profit Team | Thursday February 8, 2018

The US has recently released a list of 15 employers who cannot apply for H-1B visas, which are much-sought after by techies all around the world, including India.

Automation Is About Upscaling Business, Not Job Cuts, Says TCS Executive

Business | Press Trust of India | Tuesday January 30, 2018

Fears of job losses in the IT industry are highly exaggerated, a top TCS executive said.

Over 20% of TCS' New Recruits In Last 12 Months From Outside India

Business | Press Trust of India | Sunday January 21, 2018

Indian IT firms have been ramping up local hiring in offshore markets to tackle visa-related challenges.