In June, President Donald Trump banned the entry into the US of workers in several key non-immigrant visa categories, including the H-1B until the end of the year
"We believe this is a step in the right direction and encourages the implementing agencies to ensure that US businesses' access to critical talent is not hampered," Nasscom said
Nasscom said it has consistently raised the importance of visa holders working in the tech sector, particularly those who would be delivering services designated essential
Donald Trump has restricted the entry of workers in several key non-immigrant visa categories, including the H-1B
The order directs the heads of each federal department and agency to review the use of offshore services as well as temporary foreign labour
The overall trend on the Nifty IT index looks optimistic as the 50-day moving average (DMA) formed a positive crossover with 200-DMA, resulting in the Golden Cross.
H-1B cannot be used to destroy American jobs, says US president about work programme used by Indian IT professionals.
H-1B visas are set aside for skilled workers, especially in the technology industry, and H-4 visas are given to their spouses
Larger rival TCS had called the move by the US government "unfortunate and unfair"
The discussions included ongoing threats to the rules-based international order, bilateral and multilateral diplomatic cooperation
Rahul Gandhi in a tweet said, "America has benefited enormously by embracing India's vast talent pool through its H-1B program"
The 39th AGM, which was held virtually for the first time, was attended by 1,771 shareholders through video conferencing
Trump has made it clear that he sees restricting immigration as a key poll plank
His decision to temporarily suspend new work visas for foreigners, including H-1Bs, is one proof of him using Covid-19 as an opportunity to harden immigration laws in the run-up to the Nov poll
Here's a selection of Business Standard opinion pieces for the day
President Trump on Monday issued the proclamation to temporarily suspend a number of popular non-immigrant visas
Indian IT companies have reduced their dependence on the visas because of the tightening of visa issuances
According to government data, the situation in India is not as alarming as some of the other countries, given a limited spread on a per-capita basis
From Donald Trump blocking H-1B visa for certain foreign workers, Moody's lowering India GDP forecast to Maruti launching new BS-VI S-Presso, here are top news of the day
"We're going to be announcing something tomorrow or the next day on the visas," Donald Trump said on Saturday.