Indian IT stocks like Tata Consultancy Services and Infosys faced a dip. This happened after the US increased H-1B visa fees. The move sparked concerns about the impact on the IT sector’s profitability. Analysts suggest caution and portfolio adjustments. They…
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The ICAI is developing a digital networking platform to help small- and mid-sized CA firms explore mergers, expand services, and strengthen geographic reach, in line with PM Modi’s push for large domestic firms. Experts ask, Will the platform truly catalyze…
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Emkay’s report indicates India’s IT services export growth may dip below 4% due to the sharp increase in H-1B visa fees, potentially disrupting traditional export models and project margins. While near-term impacts are limited, sustained higher fees could pressure Indian…
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Economists are closely monitoring the impact of the GST rate cuts, effective Monday, on retail prices and consumer spending this festive season. The focus is on whether companies pass on the benefits, how it influences inflation, and inventory management.
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India’s top IT firms face an extra $150-$550 million in H-1B visa fees due to a sharp hike in immigration fees. This will raise delivery costs in the US, where they earn up to 85% of their revenue. Offshoring work…
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So far, there is general agreement over not seeking proprietary knowledge, source code, access to a particular technology, production process, etc. The move will benefit sectors such as telecom, chemicals, electronics, and medical devices, among others.
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