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Is the H-1B visa crisis a blessing in disguise for IT?

Mint Hyderabad

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October 29, 2025

Indian information technology (IT) services companies' strategy of servicing US clients from offshore locations to offset the impact of the H-1B visa fee hikefrom $1,000 to $100,000-is boosting their operating margins.

- Jas Bardia

In the July-September quarter, HCLTech, the country's third-largest IT firm, booked the highest quarteron-quarter jump in operating margin of 110 bps (basis points) to 17.4%.

It was followed by Tech Mahindra (100bps to 12.1%), Persistent Systems (80bps, 16.3%), and Infosys (20bps, 21%). L&T Technology Services Ltd (LTTS), too, saw margins rise 10bps to 13.4%. A hundred basis points equal 1%.

These companies cited offshoring and nearshoring as contributing to this rise, and expect it to continue.

PLUS D'HISTOIRES DE Mint Hyderabad

Mint Hyderabad

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Microsoft deal values OpenAI at $500 billion

Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations.

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Skyroot readies India's maiden private rocket launch in January

Three years after India opened up its space sector to private companies, Hyderabad-based Skyroot Aerospace will conduct its first commercial satellite launch in January, becoming the only Indian entity other than Indian Space Research Organisation (Isro) to accomplish the feat.

time to read

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Blume Ventures eyes $275 mn fund

Blume Ventures, the 15-year-old venture capital company, has made the first close of its fifth fund at $175 million and is on track to complete a final close of up to $275 million by early 2026, according to a top official.

time to read

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Mint Hyderabad

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Apple becomes third stock in history to top $4 trillion in value

Apple Inc. shares rose as much 0.4% to hit $4 trillion in market value, making the iPhone maker only the third public company in history to reach the milestone.

time to read

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Mint Hyderabad

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Skyroot readies India's maiden pvt satellite launch by January

to a different set of clients that will approach the government consortium for space launches. But on the private front, it will be a question of which launch provider has the more superior, more reliable technology,\" Chandana said.

time to read

1 min

October 29, 2025

Mint Hyderabad

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DoT to roll out caller ID feature for 4G, 5G

Nationwide trials of CNAP have been completed; 2G users to be left out

time to read

2 mins

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Mint Hyderabad

Mint Hyderabad

Credit card UPI lifts RuPay volume mkt share to 38%

Homegrown credit card network RuPay has quietly wrestled market share from Visa, MasterCard and American Express, leveraging its exclusive access to India's fast payments network Unified Payments Interface or UPI.

time to read

1 mins

October 29, 2025

Mint Hyderabad

Mint Hyderabad

Investors tempted to buy gold shouldn't expect glittery gains

Gold is not as safe an investment at this juncture as it might seem

time to read

3 mins

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