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Trump's steep H-1B visa fee to hit TCS, Infy hard

Financial Express Lucknow

|

December 16, 2025

US PRESIDENT DONALD Trump’s $100,000 price tag for new H-1B workers hired from outside the US will have punishing effects for the IT outsourcing and staffing industries that have long been a target of both parties.

- ANDREW KREIGHBAUM & ERIC FAN

The fee is the biggest restriction the Trump administration has imposed so far on employment of skilled foreign workers.

A Bloomberg News analysis found it will have a disproportionate impact on multinational staffing firms that act as middlemen for companies seeking H-1B workers. Those middlemen include Tata Consultancy Services, Infosys, and Cognizant.

Financial Express Lucknow से और कहानियाँ

Financial Express Lucknow

Utilise green credit plan to fight pollution

Operationalising green credits for air pollution reduction can mobilise private capital, complement regulatory enforcement, and deliver measurable benefits

time to read

3 mins

December 19, 2025

Financial Express Lucknow

India's policy signalling problem

DURABLE REFORMS SUCCEEDED AS THEY'RE PRECEDED BY CONSULTATION; RECENT VOLATILITY STANDS IN CONTRAST

time to read

4 mins

December 19, 2025

Financial Express Lucknow

Securities market Bill in LS

UNDERTHE BILL, the strength of the Sebi board will increase from nine to 15 members. The Code also provides a framework for inter-regulatory coordina- tion, including for the listing of non-traditional securities, and introduces regulatory sand- boxes to facilitate innovation in financial products, contracts and services. In addition, Sebi will be mandated to follow a transparent and consultative process while issuing subordi- nate legislation, conduct peri- odic reviews of regulations, and carry out regulatory impact assessments.

time to read

2 mins

December 19, 2025

Financial Express Lucknow

Sebi mulls stricter norms for M&As

MOVE TO PROTECT SMALLER INVESTORS

time to read

1 min

December 19, 2025

Financial Express Lucknow

Brokerages hail TCS’s AI ambitions

BROKERAGES REMAINED LARGELY bullish on Tata Consultancy Services (TCS) and welcomed the IT major's aspirations to become the world's largest AI-led tech services giant, sending its shares up 2% on Thursday.

time to read

1 min

December 19, 2025

Financial Express Lucknow

Corporate leaders hail Bengal’s biz climate, pledge huge investments

TOP INDUSTRY LEADERS on Thursday lauded the Mamata Banerjee-led West Bengal government for maintaining a “favourable” business climate, as several companies announced expansion and fresh investment plans during a conclave here.

time to read

1 min

December 19, 2025

Financial Express Lucknow

ECB registrations at two-year low

ACTIVITY SLOWS

time to read

1 mins

December 19, 2025

Financial Express Lucknow

Reliance buys majority stake in TN's Udhaiyam Agro Foods

RELIANCE INDUSTRIES' consumer products division has acquired a majority stake in Tamil-Nadu-based food company Udhaiyams Agro via a joint venture agreement, it said on Friday.

time to read

1 min

December 19, 2025

Financial Express Lucknow

New BP boss becomes Big Oil’s most powerful woman

MEG O'NEILL'S RAPID rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt.

time to read

1 mins

December 19, 2025

Financial Express Lucknow

No binding pact: Shriram clarifies on MUFG deal

SHRIRAM FINANCE ON Thursday said it has not entered into any binding agreement with any investor, responding to a stock exchange query on a media report that Japan's Mitsubishi UFJ Financial Group (MUFG) may invest up to $5 billion in the company for a 20% stake.

time to read

1 min

December 19, 2025

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