Business News
‘H-1B impact on remittances to be under $5bn’
MUMBAI: The impact of restrictions on H-1B visas by the United States on remittances by overseas Indians would be within $5bn, according to a Barclays research report. The report also said that the rising trend of global capability centers (GCCs), which includes many US-headquartered firms, is here to stay and would strengthen further amid this…
TCS to honour all lateral hire offers this month
BENGALURU: TCS will honour all offers made to about 650 lateral hires whose onboarding was delayed for nearly three months. TOI has reviewed emails sent to candidates, asking them to make themselves available for the pre-joining onboarding process. The company has begun issuing onboarding mails, with some candidates receiving joining dates in Oct. Onboarding would…
‘Curb Russia oil imports’: US tells India – Crude buy key factor in reducing tariffs, sealing trade deal
US trade representatives emphasised to their Indian colleagues that addressing the Russian oil issue was essential. (AI image) India-US trade deal is contingent on India curbing its Russian crude oil imports, US trade negotiators have reportedly told Indian officials. Trade officials from the United States have informed India’s negotiators that a curb in Russian oil…
