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'US visa rules to hit IT cos' profits in FY20'
'US visa rules to hit IT cos' profits in FY20'
Profitability of IT companies is set to be impacted by adverse policies like the one on H-1B visas in the key US market, with margins estimated to narrow by up to 0.8% in 2019-20, a report said. Ever since the US govt tightened its H-1B visa policy in 2017, challenges have mounted for the sector as Indian-origin employees were the largest consumers of H-1B visas.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2wmOfdF
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2wmOfdF
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