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

Mint Chennai

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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

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

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.

Mint Chennai से और कहानियाँ

Mint Chennai

Upgrade R&D statistics for superior policy formulation

India aspires to become an innovation-driven economy. But when it comes to knowing how much the country actually investsin research and development (R&D), itstill relies onan outdated data system. This is a significant handicap in formulating effective science and technology policies, especially when the government hasset an ambitious target of raising national R&D spending to 2% of GDP by 2030.

time to read

3 mins

October 29, 2025

Mint Chennai

Mint Chennai

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

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.

time to read

1 mins

October 29, 2025

Mint Chennai

Mint Chennai

CEOs are furious about employees texting in meetings

Jamie Dimon says it’s gone too far. Others are devising new measures, from hiding WiFi passwords to installing the corporate equivalent of the swear jar.

time to read

3 mins

October 29, 2025

Mint Chennai

Mint Chennai

How wills can help safeguard your personal digital legacies

I’m a digital creator. With much of my work and identity online, how can I protect my digital assets and include them in my will? —Name withheld on request

time to read

2 mins

October 29, 2025

Mint Chennai

NCLAT rejects plea opposing Aakash Edu EGM

The National Company Law Appellate Tribunal (NCLAT) on Tuesday rejected a plea by US-based Glas Trust challenging Aakash Educational Services Ltd's 29 October extraordinary general meeting (EGM) to approve a rights issue.

time to read

1 min

October 29, 2025

Mint Chennai

Mint Chennai

March of foreign universities sparks a battle for top academic talent

“In the first year, we'll probably hire around 60 faculty members—10 Indian faculty per university across six universities.

time to read

2 mins

October 29, 2025

Mint Chennai

Mint Chennai

Dwindling takers push OTTs to the smarter idiot box

The Indian streaming industry is undergoing an unusual transition.

time to read

1 mins

October 29, 2025

Mint Chennai

Supreme Inds rattles investors

Sticky issue Supreme Industries' Q2FY26 margin declined year-on-year, hit by the downtrend in polymer prices.

time to read

2 mins

October 29, 2025

Mint Chennai

Mint Chennai

March of foreign universities sparks a battle for top faculty

A wave of foreign universities set to wash over India has triggered a scramble for top-tier faculty, boosting salaries and exposing the scarcity of academic talent. Meanwhile, top Indian institutions are fighting to retain their own top teachers.

time to read

1 mins

October 29, 2025

Mint Chennai

Sebi bats for more transparent MF fees, less biz curbs

Regulator aims to rebuild the TER structure, raise transparency in charges levied on investors

time to read

1 mins

October 29, 2025

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