To check Oneindia News on your Mobile
go to:   http://m.oneindia.in/news/
  •  

IT firms to face visa fee hike positively: Murthy

Narayana Murthy
Pune, Aug 22: Indian software companies will counter the pressure of the recent visa fee hike by the US, claimed Infosys founder, NR Narayana Murthy.

He said that US government with greater competitiveness, using innovation as a tool to enhance productivity.

"We must accept it and compete and succeed under the new dispensation. Innovation is an important tool to become stronger and enhance our revenue productivity," stated Murthy.

The new fees for H1B and L1 visas, effective from Aug 14, is expected to put an additional annual burden of USD 200 million on Indian software firms.

Murthy stressed the need to encourage research institutions to come out with solutions addressing problems of the large-scale systems in public life.

OneIndia News

India likely to join China over US visa row

New Delhi, Aug 19: India may file a complaint against US at the World Trade Organization (WTO) over visa fee hike issue after joining hands with the countries like China.According to CNN-IBN, US may have to pay more than what it.....

US companies to ban H-1B visa holders

Washington, Feb 6: Indian software professionals will have a tough time ahead if there would be amendments in the economic stimulus bill introduced by the US Senators. The two amendments would prevent US companies receiving the federal bailout money if they hire H-1B visa holders.Indian software professionals will be majorly hit when the amendments will be passed by the senate as they are the major beneficiary of the H-1B visa.The amendment has been co-sponsored by the Republican.....
User Comments
[ Post Comments ]
Be the first to comment on this article.
Oneindia  Oneindia Login