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fromwww.mercurynews.com
7 hours ago

Indian tech stocks decline on US changes to H-1B visa program

Trump's overhaul of the program, by mandating a $100,000 fee for new applications, may disrupt projects of Indian outsources like Tata Consultancy Services Ltd. and Infosys Ltd. that derive a large chunk of revenue from the US. TCS shares fell as much as 3.4%, the most in more than two months, while Infosys slipped as much as 3.9%. Tech Mahindra Ltd. declined 6.5%.
Business
US politics
fromFast Company
11 hours ago

Trump's steep new fees on H-1B visas are causing U.S. tech shares to drop

A proposed $100,000 H‑1B visa fee will raise labor costs, constrain skilled-worker supply, push wages higher, and pressure U.S. and Indian tech company profits.
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