The Indian IT sector is expected to report modest performance in the second quarter of FY26 due to ongoing macroeconomic uncertainty and increased regulatory pressure from the United States, according to a report by Systematix Research.
The West Asian nation of Jordan is keen to deepen economic ties with India by attracting investments in key sectors such as information technology (IT), artificial intelligence (AI), pharmaceuticals, renewable energy, and green energy, said Youssef Abdelghani, Jordan's Ambassador to India.
The recent H1B visa fee hike announced by the US administration will hit more to startups and innovation of the United States than India's IT services exports, said US-India Strategic Partnership Forum (USISPF) President and CEO Mukesh Aghi.
Former senior Indian diplomat Mahesh Sachdev on Saturday described US President Donald Trump's proclamation of imposing a USD 100,000 annual fee on H-1B visa applications as a "two-edged sword", warning that it could undermine America's IT innovation while significantly impacting Indian com
President Trump's presidential proclamation is set to take effect on September 21. The order represents one of the Trump administration's most aggressive efforts yet to overhaul the H-1B visa programme. Framed as a crackdown on "systemic abuse", it places strict financial and compliance burd
After the United States imposed a USD 100,000 fee for H1B visa applications, Aam Aadmi Party (AAP) MLA and party's Delhi president Saurabh Bharadwaj took a jibe at Prime Minister Narendra Modi on Saturday, saying that US president Donald Trump has given a "gift" to India by sending people ba
US President Donald Trump on Friday (local time) issued a new presidential proclamation titled "Restriction on Entry of Certain Nonimmigrant Workers" that introduces a major overhaul to the H-1B visa programme, imposing a steep USD 100,000 annual fee on H-1B visa applications, raising fre
Ahmedabad (Gujarat) [India], September 10: In an unusual move in India's IT sector, Ahmedabad-based Code and Core has awarded a bonus of ₹1,00,000 and a special medal of honor to one of its longest-serving employees, Krunal Chaudhari, for completing 8 years with the company.
The medium-term outlook for the information technology (IT) industry in the country remains cautiously optimistic despite persisting macroeconomic headwinds and continued client spending caution, according to a research outlook report on the IT sector by Mirae Asset Sharekhan.
The recent report of layoffs by Tata Consultancy Services' (TCS) decision to lay off 2 per cent of its workforce, around 12,000 employees, as part of cost-cutting measures could negatively impact the company in the long run, according to a report by Jefferies.
The Indian Information Technology (IT) sector is likely to see flat revenue growth of 0 to 2 per cent year-on-year in the current financial year (FY26), according to a recent report by CareEdge Ratings.
At the end of the trading session, BSE Sensex was down 501.51 points or 0.61 per cent at 81,757.73, and the Nifty 50 at National Stock Exchange (NSE) was down 143.05 points or 0.57 per cent at 24,968.40.