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Trump’s $100,000 visa targets a $280 billion India success story
Fortune Asia· 2025-09-22 08:35
Core Viewpoint - Donald Trump's new order to increase fees for H-1B visa applications poses significant challenges for Indian outsourcing firms, particularly Tata Consultancy Services Ltd. and Infosys Ltd., which rely heavily on this program to deploy engineers in the U.S. [1][2] Industry Impact - The H-1B visa program is crucial for Indian outsourcing firms and the U.S. tech sector, allowing them to bring skilled workers from abroad. The new $100,000 fee will add to existing costs, which currently include a $215 lottery registration fee and various filing fees [6][8] - Indian-born workers constituted 72.3% of all H-1B beneficiaries in the U.S. for the fiscal year ending September 2023, indicating the program's importance to the Indian workforce [9] - The changes are expected to increase operational costs for American corporations, potentially leading them to expand their global capability centers in India [11][12] Company Responses - Shares of Tata Consultancy Services and Infosys fell more than 3% following the announcement, reflecting investor concerns about the impact of the new visa fees [2] - Indian firms have been reducing their dependence on H-1B visas, increasing local hiring, and establishing delivery centers in the U.S. to adapt to previous immigration policy threats [15] - The increased costs associated with H-1B visas may lead Indian firms to limit the number of engineers sent to client sites, affecting key client relationships [16] Geopolitical Context - The visa policy changes are seen as part of a broader geopolitical strategy, increasing tensions in the India-U.S. relationship amid ongoing trade talks [4] - The move has sparked a range of reactions in India, from outrage to concern about the implications for families relying on H-1B visas [5]
法国Capgemini SE同意收购IT外包公司WNS Holdings Ltd.,交易金额为33亿美元现金。Capgemini希望扩大在人工智能(AI)领域的存在。
news flash· 2025-07-07 14:32
Group 1 - Capgemini SE has agreed to acquire IT outsourcing company WNS Holdings Ltd. for a cash transaction of $3.3 billion [1] - The acquisition aims to expand Capgemini's presence in the artificial intelligence (AI) sector [1]
X @Bloomberg
Bloomberg· 2025-07-07 06:02
France’s Capgemini plans to acquire IT outsourcing firm WNS for $3.3 billion, beating rival suitors to a deal aimed at expanding its AI operations https://t.co/qsXlhL52IO ...
Intetics Continues to Lead in Global Outsourcing: Featured in IAOP’s 2025 Global Outsourcing 100®
Globenewswire· 2025-03-03 17:48
Core Insights - Intetics has been recognized in the 2025 Global Outsourcing 100® list for the 19th consecutive year, solidifying its status as a leading IT outsourcing provider [1][3][5] - The Global Outsourcing 100® serves as a benchmark for excellence and innovation in the IT outsourcing industry, highlighting top service providers and advisors [2][3] - The selection process for the Global Outsourcing 100® involves a rigorous evaluation by an independent panel, assessing companies on criteria such as innovation and customer satisfaction [3][4] Company Achievements - Intetics celebrates 30 years of innovation, focusing on exceeding client expectations through exceptional engineering services and digital experiences [5][6] - The company is recognized in the Rising Star Judging Size category, showcasing its ability to anticipate industry trends and maintain high customer satisfaction [4][5] - Intetics is ISO 9001 and ISO 27001 certified, and holds partnerships with major tech companies like Microsoft and Amazon, reflecting its commitment to quality and security [10] Industry Context - The 2025 Global Outsourcing 100® highlights the achievements of service providers who have adapted to technological advancements and digital transformation [3] - The recognition of Intetics among the world's elite outsourcing providers underscores the importance of innovation and leadership in a rapidly evolving market [3][6]