TCS, Infosys got only 8.8% of H-1B visas, says Nasscom contradicting US official - Indian Stock Market Tips|Commodity Market Tips|Equity Trading Tips

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Tuesday, 25 April 2017

TCS, Infosys got only 8.8% of H-1B visas, says Nasscom contradicting US official


Indian IT industry's apex body has said that the two top companies -- TCS and Infosys -- got only 8.8 per cent of H-1B visas for placement of workers in the United States. "Of the six Indian IT companies, software majors TCS (Tata Consultancy Services) and Infosys received 7,504 H-1B visas in FY 2015, which is 8.8 per cent of the total H-1B visas," said the National Association of Software Services and Companies (Nasscom) in a statement here. The apex body's clarification was in response to a US official last week accusing top Indian IT firms (TCS and Infosys) of unfairly cornering majority of the H-IB visas, by applying more in the lottery system. Only six Indian IT firms were among the top 20 recipients of the H-1B visas in fiscal 2015 for their professionals to work in the US, said Nasscom. 

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