Live
- FIIs to reduce selling in India towards year-end, fresh allocations to occur
- ESPN Tests AI Avatar' FACTS' for Sports Analytics
- Amit Shah accuses Hemant Soren of shielding Bangladeshi infiltrators
- I’m a fool essentially providing free funding to OpenAI: Musk once told Altman
- Have plans A, B, C and D in hand as there’s no certainty in the player auction, says RCB's Bobat
- ISRO to launch communication satellite aboard Elon Musk’s SpaceX rocket
- Congress opens shop of lies & loot during elections: Rajasthan CM
- Indian startups raise over $182 million in funding this week
- Use of VPNs 'un-Islamic', declares Pakistan's Council of Islamic Ideology
- AP Dy CM, assembly speaker condoles death of former MLA Nara Rammurthy Naidu
US Visa Policy affected seven Indian firms
Many people assumed the reason behind the decline is Trump administration. But to be known the truth. Trump has no role to play here as H-1B Petitions for Fiscal 2016 were filed by Companies in April 2016, even before US Presidential Polls.
In an unprecedented way, Donald Trump has become USA President of 2016 elections. Less than a year, he had implemented many rules to H-1B Visa holders in 2016 when compared to 2015.
All the leading seven India-based Outsourcing Companies in the US were granted less H-1B Visas. According to sources, About 9,356 H-IB Visa Petitions were granted for the Top seven IT companies in 2016 and contribution is just 0.006 percent of labor force in USA.
Here is the detail report of three top Multi-National companies:
H-1B Visas for TCS dropped by 56 percent from 2015 (4,674) to 2016 (2,040)
H-1B Visas for Wipro declined by 52 percent from 2015 (3,079) to 2016 (1,474)
H-1B Visas for Infosys dropped by 16 percent from 2015 (2,830) to 2016 (2,376)
Many people assumed the reason behind the decline is Trump administration. But to know the truth. Trump has no role to play here as H-1B Petitions for Fiscal 2016 were filed by Companies in April 2016, even before US Presidential Polls.
