New US H-1B norms won't make much difference: Nasscom
Bengaluru: The United States' latest move on issuing H-1B visas to software engineers will not make much difference to Indian IT firms, apex industry body Nasscom said on Friday.
"The new measure will be an unnecessary and expensive burden that will not make much difference to our member firms, which are in the business of providing solutions to client companies," said the National Association of Software and Services Companies (Nasscom) in a statement here.
In line with US President Donald Trump's "Buy American and Hire American" policy, the US Citizenship and Immigration Services (USCIS) on Thursday declared that the hiring firms have to prove that their employees working at a third-party worksite have specific and non-qualifying speculative agreements in specialty occupation.
The H-1B programme offers temporary US visas that allow firms to hire skilled overseas professionals working in areas with shortage of qualified American workers. Indians get most of the H1-B visas, although there are no national quotas for the facility nor is it specifically designed for Indians.
Of the 65,000 H-1B visas the USCIS issues for October 1-September 30 period every year, about 40,000 are bagged by Indian firms, mostly in the services sector. The top 10 global firms, including TCS, Infosys, Wipro, HCL and Tech Mahindra, corner about 20,000-25,000, with the remaining shared by mid-size and smaller Indian firms.
Under the new policy, the USCIS says the employers must provide contracts and itineraries for employees who will work at a third-party location.
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PM Modi meets Google CEO, discusses AI collaborations
New Delhi (PTI): Prime Minister Narendra Modi on Wednesday had a meeting with Sundar Pichai, CEO of Google and its parent company Alphabet Inc, and discussed the work India is doing in artificial intelligence and how the technology giant can work with Indian students and professionals in this field.
Pichai is here to attend the ongoing India AI Impact Summit, which is being held at Bharat Mandapam here alongside an expo.
"It was a delight to meet Mr. Sundar Pichai on the sidelines of the AI Impact Summit in Delhi. Talked about the work India is doing in AI and how Google can work with our talented students and professionals in this field," Modi wrote on X.
The prime minister on Monday visited the India AI Impact Expo here, featuring more than 600 high-potential startups and 13 country pavilions showcasing international collaboration in the AI ecosystem. Over 20 heads of state, 60 ministers and 500 global AI leaders are attending the summit.
