Infosys in hot water

It was going to happen anyway. Now, it happened. Someone filed lawsuit against Infosys for abusing B1 visa program. Many Indian companies were doing this for years. These companies get B1 visa for their employees and send them for long term assignments in U.S. The visa type B1 is meant for “business trips”. Business trips are supposed to be short-term trips. The employee is supposed to attend some meetings/trade shows/conferences and return back to home country in weeks. Instead, B1 visa holders stay in U.S. for months. It’s not only Infosys, other outsourcing companies also follow the same practice. It…

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Top 30 Offshoring Destinations

India remains the world leader in offshoring services in spite of economic crisis that affects the whole world. Analyzing 72 offshoring countries, the research firm Gartner has announced its ‘Top 30 offshoring destinations’, where India placed the top followed by China. The report shows that the dynamic nature of the market has seen a number of countries position themselves as credible alternatives to the BRIC nations (Brazil, Russia, India and China). According to the report 10 countries from Asia Pacific were represented in the 30 leading countries. These included the undisputed leader in offshore services, India and the greatest challenger…

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American Crisis and Indian Outsourcing

Finally, it hits. American economy crisis has significant impact in Indian IT industry. It’s rumored that Wipro’s chairman Azim Premji asked that toilet paper be rationed in his company’s offices. Salary hikes will be coming down in the years to come. I am not very sure about salary hikes for IT employees, but I can see that dreaded pink slips have arrived in Bangalore and other Indian metro cities. Diwali shopping is not as busy as it used to be. Many people try to take it easy and slow down the spending. I am surprised that real estate prices are…

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