Amazon likely to ramp up investments in India, despite drag on profits
Bengaluru: Amazon.com Inc. has indicated it would keep pumping money into India although its investments in the country crimped profitability at the world’s largest online retailer for the second quarter in a row. Amazon’s chief financial officer Brian Olsavsky said in a conference call with analysts on Thursday that the e-commerce giant was encouraged by […]
India’s techies fear US crackdown on high-skilled visas
Mumbai: Indian student Sunny Nair has always dreamt of working for a technology giant in the United States but fears that President Donald Trump will crush his life ambition. The 19-year-old worries that Trump’s crackdown on immigration will include restrictions on so-called H-1B visas, which India’s IT sector uses to send thousands of highly-skilled workers […]
The silver lining in H1B visa reforms
While America’s proposed immigration reforms could be very challenging in the short term for India’s information technology (IT) services companies, they could also be the catalyst for the transformation they must make to survive. There is a powerful historical precedent for this. Click here to read more… Credit: livemint.com
Political parties have united against me because I have been tightening screws, says PM Modi
Launching a fresh attack on the Opposition, Prime Minister Narendra Modi on Sunday said that his strict action against corruption has angered other political parties. “Parties are angry with me as I am tightening screws on wrong doers,” said Modi at a BJP rally in Aligarh, days ahead of the first phase of elections in […]