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Trump admin begins 175 probes into H-1B abuse

Financial Express Chandigarh

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November 09, 2025

THE TRUMP ADMINISTRATION has launched about 175 investigations into H-1B visa abuse, including lapses such as low wages, nonexistent work sites and the practice of "benching" employees.According to the US Department of Labor, the probes were part of a broader effort for the protection of American jobs.

- PRESS TRUST OF INDIA

“As part of our mission to protect American Jobs, we've launched 175 investigations into H-1B abuse,’ the Labor Department said ina post on X Friday. It added that under the leadership of President Donald Trump and Labor Secretary Lori Chavez-DeRemer, the agency will continue taking action to put American workers first. Chavez-DeRemer said in a post onX that the Labor Department “is using every resource at our disposal to put a stop to H-1B abuse and protect American Jobs. Under the leadership of @POTUS, we'll continue to invest in our workforce and ensure high-skilled job opportunities go to American Workers FIRST!” The Trump administration has launched a massive crackdown to check abuse in the H-1B visa programme, which is used by companies, particularly technology firms, to employ

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Financial Express Chandigarh

Digi payments: SBI & BoB get nod to set up intelligence arm

STATE BANK OF India (SBI) and Bank of Baroda (BoB) have received approval from the Reserve Bank of India (RBI) to form section-8 companies under the Companies Act, 2013 for digital payments intelligence platform called Indian Digital Payment Intelligence Corporation (IDPIC), lenders informed the exchanges on Wednesday.

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1 min

December 11, 2025

Financial Express Chandigarh

Adani Enterprises’ ₹25K-cr rights issue oversubscribed

ADANI ENTERPRISES SAID on Wednesday its ₹25,000-crore rights issue was oversubscribed, marking the group's biggest capital raise since a short-seller's allegations roiled the ports-to-power conglomerate in 2023.

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1 min

December 11, 2025

Financial Express Chandigarh

CPSE dividends reach 60% of FY26 target

GOVT FINANCES BOOSTER

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1 mins

December 11, 2025

Financial Express Chandigarh

Fast adoption to define AI winners: Nadella

NADELLA SAID INDIA'S momentum was supported by a virtuous cycle created by public digital infrastructure, policy frameworks and a large domestic market.

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1 min

December 11, 2025

Financial Express Chandigarh

State refiners lead in Russia oil deals; RIL halts purchases

FOUR OUT OF seven largest refiners in India are now in the market for Russian crude as deep discounts push buyers to seek out non-sanctioned barrels, even as heavyweight Reliance Industries stays away.

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2 mins

December 11, 2025

Financial Express Chandigarh

US court reverses $1-bn order against Byju Raveendran

A US BANKRUPTCY court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn - the parent firm of edtech platform Byju's.

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1 min

December 11, 2025

Financial Express Chandigarh

Meesho closes up 53% after listing at 46% premium

STOCK PERFORMANCE

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2 mins

December 11, 2025

Financial Express Chandigarh

Are you helpless? Delhi HC asks Centre

THE DELHI HIGH Court on Wednesday questioned the central government for not taking timely action to check the crisis caused by IndiGo flight cancellations and asked why the situation was allowed to precipitate, with lakhs of passengers stranded and other airlines charging hefty fares.

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1 min

December 11, 2025

Financial Express Chandigarh

Amazon adds $35 bn to India cart

INVESTMENT TO ADVANCE AI-LED DIGITISATION, EXPORT GROWTH, JOB CREATION

time to read

1 min

December 11, 2025

Financial Express Chandigarh

India's offer best: USTR

THE US IS facing barriers in many markets for its agriculture commodities.

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2 mins

December 11, 2025

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