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Trump admin begins 175 probes into H-1B abuse

Financial Express Kochi

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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 Kochi

Sebi plans extensive reforms to woo foreigners: Pandey

THE SECURITIES AND Exchange Board of India (Sebi) is planning more reforms to woo foreign investors, including speeding up registration, reducing the cost of trading in the cash equities market and making it easier to short-sell, Chairman Tuhin Kanta Pandey said on Wednesday.

time to read

1 mins

November 13, 2025

Financial Express Kochi

NaBFID mops up ₹4,000 cr via bonds

NATIONAL BANK FOR Financing Infrastructure and Development (NaBFID) on Wednesday raised about %4,000 crore through two bond issuances with maturities of five years and 15 years.

time to read

1 min

November 13, 2025

Financial Express Kochi

Trump flips: Foreign talent still in demand

US HAS TO BRING IN TALENT FROM AROUND THE WORLD, SAYS US PRESIDENT

time to read

2 mins

November 13, 2025

Financial Express Kochi

Rebuilding digital trust

TATA CONSULTANCY SERVICES (TCS) recently denied losing the Marks & Spencer account due to a cyberattack.

time to read

2 mins

November 13, 2025

Financial Express Kochi

Oil prices slip 2% on oversupply concerns

OIL PRICES FELL more than 2% on Wednesday, weighed down by oversupply concerns as the OPEC said

time to read

1 min

November 13, 2025

Financial Express Kochi

Agentic AI: Marketing's new brain

BRANDS EMBRACE THE NEXT ERA OF AI-LED MARKETING TRANSFORMATION

time to read

3 mins

November 13, 2025

Financial Express Kochi

Nafed’s new canvas: Windfall from Husain paintings

CO-OPERATIVE SELLS 25 PAINTINGS FOR 268.5 CR TO REDUCE BAD LOANS

time to read

2 mins

November 13, 2025

Financial Express Kochi

‘We can take over stressed discoms and turn them around’

Tata Poweris stepping up its clean energy play — from acquiring a 40% stake ina hydropower project in Bhutan to setting up a 10 GWwafers and ingots facility in India.

time to read

2 mins

November 13, 2025

Financial Express Kochi

CAMS rolls out AI tool to ease compliance

COMPUTER AGE MANAGEMENT Services (CAMS), India’s largest registrar and transfer agent for mutual funds, announced on Wednesday the launch of CAMS Lens, an AI-powered tool capable of providing real-time contextual analysis of regulatory changes.

time to read

1 min

November 13, 2025

Financial Express Kochi

Get ready for transition to ECL framework, PSBs told

FINANCIAL SERVICES SECRETARY M Nagaraju on Wednesday asked public sector banks (PSBs) to get ready for the transition to the Expected Credit Loss (ECL) framework.

time to read

2 mins

November 13, 2025

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