Logo


Stricter US visa norm continues to plague Indian IT companies

High unemployment rates and increased scrutiny by the immigration department in the US have increased the woes of Indian information technology (IT) services companies. These firms are already affected by falling margins, delays in getting orders and the ongoing financial crisis in their second-biggest market, Europe. Industry analysts and IT companies agree the rejection rates of H1 and L1 visas by the US, their biggest market, have almost doubled in the recent past. After Infosys, the latest to bear the visa brunt is Nasdaq-listed Cognizant, which has been named in a litigation filed by ...