Donald Trump's H-1B visa order: Infosys, Wipro take a hit; here's how Indian stock markets will be impacted

In the latest move in his immigration clampdown, Trump has imposed a massive USD 100,000 (over Rs 88 lakh) yearly fee for H-1B visa applications, handing a big blow to Indians. The visa move is also expected to kick down stocks of tech companies in the Indian markets. Read on for more details.Stocks of Indian tech firms took a hit in American markets after President Donald Trump announced a crackdown on H-1B visas, which allow skilled foreigners to work in the United States. In the latest move in his immigr ...