31 July, 2014 06:47 IST
News
US immigration bill may trigger brain drain from India: Sanjoy Sen
Source: IRIS (28-JUN-13)
Comments  |  Post Comment

U.S. Senate approved immigration bill, which is seen by proposing higher fees and wages for temporary U.S. workers.

Sanjoy Sen, senior director, Deloitte in India, said, "US Senate has passed the immigration bill which in a way spells bad news for India. And not only because of its impact on IT industry and firms such as Infosys, Wipro and TCS. But also because it may trigger brain drain from India."

He further said, "The critical need for Indian IT/ ITES companies is to now move up their customers' value chains, which in turn is enabled by moving a greater proportion of staff from offshore to onshore delivery modes. The US immigration bill in its current form passed by the Senate, will clearly impact their agility to do so."
 

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.




News
Steelcast swings to loss in Apr-Jun quarter - 30-Jul-2014 19:13
T C F C Finance standalone quarterly profit surges 97.22% - 30-Jul-2014 19:04
Bodal Chemicals standalone quarterly earnings zoom 27.95 times - 30-Jul-2014 18:50
Basant Agro Tech (India) standalone quarterly earnings climb 1.97% - 30-Jul-2014 18:45
Coromandel Engineering Company loss widens in Apr-Jun quarter - 30-Jul-2014 18:41
Amtek Auto standalone quarterly net jumps 60.57% - 30-Jul-2014 18:39
Container Corporation Of India standalone quarterly earnings climb 6.25% - 30-Jul-2014 18:33
Zenith Fibres standalone quarterly earnings surge 53.79% - 30-Jul-2014 18:28
Blue Chiptex Industries standalone quarterly earnings zoom 3.32 times - 30-Jul-2014 18:26
Excel Crop Care standalone quarterly profit surges 69.03% - 30-Jul-2014 18:23
Asian Hotels (East) standalone quarterly profit plunges 60.87% - 30-Jul-2014 18:20
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   8mbtmd into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer