Indian IT
Why Trump’s ‘HIRE Act’ Could Hurt U.S. Companies More Than India’s IT Sector
The proposed 'HIRE Act' aims to slap a 25% tax on outsourcing payments, forcing U.S. firms to either absorb higher costs or hire locally at 2–3x the price. With talent shortages, rising bills, and innovation at risk, the bill could hurt U.S. companies more than India’s IT sector—which may simply pass on the cost to clients. As Washington debates this move, businesses from Bengaluru to Boston are on edge.
11 Sep 2025A new entrant to the club is India's highest-paid IT executive
Vijayakumar will earn an annual base salary of $2 million for the year ending 31 March , up to $2 million in variable pay, and $384,000 in perquisites and other benefits, bringing his total compensation to $4.38 million.
3 min read9 Aug 2021Indian IT firms increase local hiring in US on tight visa norms
Infosys had said it plans to hire 1,000 people locally by 2023 for its Technology and Innovation Center in ArizonaWipro had announced the opening of a new centre of excellence in the Minneapolis-St. Paul area of the US, for which it will hire 100 people locally over the next two years
2 min read26 Sep 2019Opinion | How IT service firms can adapt to the H-1B visa squeeze
India’s IT service firms have various options as they rework their delivery models around tight US norms
4 min read20 May 2019Indian IT industry set to invest big in automation, AI in 2019
Industry body Nasscom projects exports to grow at 7-9% for 2018-19, almost the same as the previous fiscal, but domestic revenue is likely to grow faster at 10-12%
4 min read25 Dec 2018No change in H-1B visa policy, says US official
India is expected to raise the issue of the work visa popular among Indian IT professionals during next week's 2+2 Dialogue
2 min read31 Aug 2018Indian IT's hiring freeze suggests weak demand will continue
The primary reason for Indian IT's low hiring is to control costs in a lean demand environment
3 min read3 Nov 2017Accenture is increasing share at the expense of Indian IT
Accenture has guided for overall growth of 5-8% for the year till August 2018, the same as last year, although the inorganic contribution this time is estimated at 2.5-3%, versus 2% last year
2 min read3 Oct 2017Nirmala Sitharaman holds talks on trade deficit with China
Nirmala Sitharaman has held 'candid' talks with her Chinese counterpart over the trade deficit in favour of China which has crossed over $52 billion
3 min read1 Aug 2017Accenture results portend gloom for Indian IT sector
Accenture's revenue for the quarter to November rose 7% year-on-year in constant currency terms, and missed the Street's estimates by about one percentage point
1 min read23 Dec 2016Wait for it…
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