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Indian-origin tech companies cornered a fifth of all H1B visas issued by the US with Infosys and Tata Consultancy Services leading the pack, an analysis of data from the US immigration department showed. According to data from the US Citizenship and Immigration Services, in April-September 2024 period, out of the total 1.3 lakh H1B visas issued to different employers, about 24,766 visas were issued to Indian-origin companies. Out of these, Infosys took the lead with 8,140 beneficiaries, followed by TCS (5,274), and HCL America (2,953). Infosys came second to only Amazon Com Services LLC, which topped with 9,265 visas. Cognizant, which was founded in Chennai but now has headquarters in New Jersey, ranked third in the list with 6,321 visas. The H1B visa programme allows US companies to temporarily employ foreign workers in specialty occupations. Indian companies have been significant beneficiaries of this programme, particularly in the technology sector. Major Indian IT services fi

Updated On: 05 Jan 2025 | 1:18 PM IST
Bs_logoIndian-origin tech companies corner 1/5th of H1B visas issued by US

In the trial that started on Monday, Arm sought to portray Qualcomm's moves as a first-of-its-kind flouting of standard contractual terms the British company had used successfully

Updated On: 20 Dec 2024 | 9:24 AM IST
Bs_logoUS jury deliberates in Arm, Qualcomm trial after closing arguments wrap

Tech companies are offering perks such as pet leave, unlimited sick days, and mental health support to attract and retain millennial and Gen Z employees, to enhance their well-being and productivity

Updated On: 17 Dec 2024 | 1:02 PM IST
Bs_logoPet leave: A new perk to retain Gen Z, millennial talent in Indian tech

Lumina Datamatics on Monday said it has signed a definitive agreement to acquire a 100 per cent stake in TNQ Tech, a Chennai-based digital publishing technology company. The acquisition is expected to be completed in two tranches, with 80 per cent stake to be purchased by December 31, 2024, and the remaining 20 per cent by July 31, 2026, company MD and CEO Sameer Kanodia said. "The first tranche will cost Rs 336 crore, with the second tranche's price determined by future EBITDA metrics. "This acquisition will collectively strengthen us to over 6,500 employees globally and establish us amongst the dominant service providers in the world of digital content," he said. Post acquisition, TNQ will become a stepdown subsidiary of Datamatics Global Services, according to a regulatory filing. Lumina Datamatics is a subsidiary of Datamatics Global Services. Kanodia further said the acquisition will enable Mumbai-based Lumina Datatmatics to strengthen its suite of AI-enabled technology and .

Updated On: 09 Dec 2024 | 9:16 PM IST
Bs_logoLumina Datamatics to acquire Chennai-based TNQ Tech for Rs 336 crore

Tech giants Google, Meta, Amazon, and Flipkart generated more than Rs 60,000 crore in advertising revenue for FY24, reflecting a 9 per cent increase compared to the previous year

Updated On: 01 Nov 2024 | 1:24 PM IST
Bs_logoTech giants generate over Rs 60,000 crore in advertising revenue FY24

Modern organisations achieve higher revenue growth, greater productivity and success in using generative AI

Updated On: 27 Oct 2024 | 10:10 PM IST
Bs_logoBusiness takes the lead in following artificial intelligence: Survey

Huang said that the Indian IT industry is world renowned for its large scale, not just in scale but also in the deep expertise of computer science

Updated On: 24 Oct 2024 | 11:32 PM IST

The company, whose other products also include mobile speakers and webcams, said revenue grew 6 per cent to $1.12 billion, beating the forecast of $1.10 billion

Updated On: 22 Oct 2024 | 10:03 AM IST

The company, whose other products also include mobile speakers and webcams, said revenue grew 6 per cent to $1.12 billion, beating the forecast of $1.10 billion

Updated On: 22 Oct 2024 | 10:02 AM IST

The company's new work policy allows employees to choose their in-office days based on collaborative needs, while retaining the flexibility to work remotely on the remaining days

Updated On: 15 Oct 2024 | 2:58 PM IST

India also has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines?

Updated On: 06 Oct 2024 | 10:10 PM IST

Companies expanding operations and consolidating facilities, according to CBRE

Updated On: 04 Oct 2024 | 1:45 PM IST

The company said Tuesday it has started making the large, powerful computers in Pondicherry

Updated On: 17 Sep 2024 | 2:25 PM IST

These practices, as defined by the report, include excessive data collection, secondary processing without consent, among others

Updated On: 30 Aug 2024 | 8:43 PM IST

The survey further added that a resounding 86% of users express a desire for granular control over data sharing

Updated On: 30 Aug 2024 | 5:32 PM IST

TCS will help Primark adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies

Updated On: 29 Aug 2024 | 4:51 PM IST

Communications Minister Fahmi Fadzil said the government was ready to discuss with the AIC and other industry groups

Updated On: 27 Aug 2024 | 2:42 PM IST

Parekh, 52, will become CFO on Jan. 1 in what Apple described as a planned succession. Maestri, who has been CFO since 2014, will remain at Apple in a reduced position

Updated On: 27 Aug 2024 | 8:08 AM IST

Tech firms and telecom companies tussle of 6 GHz spectrum allocation, while DoT worries about potential impact on Isro satellite operations

Updated On: 23 Aug 2024 | 12:57 PM IST

The chipmaker's shares have surged 17 per cent in the past four sessions, adding nearly $424 billion in market value to one of the biggest companies in the world

Updated On: 14 Aug 2024 | 8:46 AM IST