Search Result for : H1b Visa

The Dollar Business Bureau  The US Administration under President Donald Trump has recognized India as a foremost foreign policy priority, said Richard Rahul Verma, the former US Ambassador to India, mentioning that the credit for robust relations between the two countries goes to former US President Barack Obama and Indian Prime Minister Narendra Modi.  “I do think India has been recognized as a major foreign policy priority (in the Trump Administration) and one that from the president on down, people are vested in, and that’s very encouraging,” Verma told PTI.  “The overall relationship trajectory between the two has been pretty good,” he said.  “As you know, in the last two to three years of the Obama administration we made a lot of progress and all ...

The Dollar Business Bureau  A two-party group of lawmakers from the House of Representatives as well as the Senate has prodded US President Donald Trump to put a curb on jobs outsourcing firms and reform the L-1 and H-1B visa programmes. “We write because for far too long the H-1B visa has been abused by some corporations as a way to displace American workers with cheap foreign labour. We urge you to use your authority as President to the greatest extent possible to stop H-1B abuses, but we believe reform also must happen legislatively because of loopholes in the law,” the lawmakers said in a letter written to Trump. In the letter written on July 27, the lawmakers said that the ...

The Dollar Business Bureau The US government on Monday announced that it would resume faster processing of the H-1B visas, used by highly skilled foreign workers in categories exempted from the limit mandated by the US Congress, which are mostly requested by higher education institutions and scientific research organisations. “US Citizenship and Immigration Services (USCIS) will resume premium processing for certain cap-exempt H-1B petitions effective immediately,” an official statement read. President Donald Trump, in his election campaign, promised to put a curb on immigrants claiming that they were taking jobs from American citizens. In April, he also signed an executive order for tightening the rules and called for a review of the programme to stop visa abuse. The H1-B visa allows foreign nationals, having certain skills, ...

The Dollar Business Bureau A top US Senator on Tuesday alleged that the potential applicants for H-1B visa are being guided to apply for O visa programme instead of the H-1B, which is numerically restricted and meant for highly-skilled workers to avoid legal limitations on employment visas. H-1B visa is issued to international guest workers having high skilled capabilities, while O visas are intended for those having extraordinary capabilities or who have demonstrated extraordinary achievement record. Unlike most of the visa categories, O visa programme has no restriction on its numbers. Mentioning some media reports, Senate Judiciary Committee Chairman Senator Chuck Grassley, said that the number of visas issued under the O visa programme in the last decade has increased ...

The Dollar Business Bureau  The Indian Prime Minister who visited the US and met the American President Donald Trump on June 26, also had a closed-door meeting with 20 top US CEOs the very same day. Many CEOs, according to Mukesh Aghi, President of US India Business Council (USIBC) who spoke to the Indian media, reiterated their ‘commitment to investing in India a very large amount.’ ‘Almost half a dozen of them made a very large dollar commitment,’ Aghi said, refusing to divulge the details of the amount and the names. The meeting which lasted for 90 minutes, ended on a positive, win-win note he said.  The PM had responded favourably to all the questions that the CEOs raised, which revolved around defence, ...

The Dollar Business Bureau Refuting the claims of any slowdown in the Indian IT sector, Law and IT Minister Ravi Shankar Prasad said on Tuesday that the sector will generate 25-30 lakhs jobs by 2025. “As (the) IT minister of the nation, I completely deny and refute that there is any downturn in the employment in this sector. It is robust, slated for great growth and once digital economy ushers then you can fathom its development,” said Prasad, while sharing the achievements of the Ministry of Electronics and IT in the past three years. The Minister said that the IT companies in India have created 6 lakh jobs in the past three years. “IT firms directly employ around 40 lakh people and about 1.3 crore indirectly. ...

The Dollar Business Bureau As growth slows for India’s $150 billion IT industry, many IT majors have begun to lay-off mid and senior level employees to account for tapering revenue growth. The probable tightening of H1-B visas under Trump’s reign is also a strong motivator for companies to hire locally for projects based outside India. The global and domestic factors have together concocted a nightmare for IT professionals in India. As a result of automation and increasing use of bots, fruits of cutting edge research in machine learning and artificial intelligence, the IT industry is well poised to replace a huge chunk of its human capital with machines. The threat, which commentators have been worrying about for more than a decade, is ...

The Dollar Business Bureau  Software major Cognizant Technology Solutions said it would boost hiring in the US, a step that comes amidst President Donald Trump’s hard stance on curbing H1-B visa rules. The company registered a higher-than-expected profit in the last quarter. The New Jersey-based company gets over 75% of its revenues from North America and depends majorly on workers on H1-B visa for providing IT services to its clients. H1-B visa is a non-immigrant visa which allows US firms to temporarily hire foreign workers. Cognizant has around 260,000 employees, a majority of which are based in India. President Trump has ordered the review of the visa programme that brings highly-skilled international workers into the US, potentially impacting the hiring plans of tech companies and ...