Monday, August 30, 2010

No visa for firms hiring less than 50 percent Americans: A new threat for IT firms-H Bolem

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Monday, August 30, 2010
Top news
The new Comprehensive Immigration Reforms Bill has proposed to axe visas (whether H1-B or L1) to foreign companies that do not employ at least 50 percent local people in the U.S. After Washington's decision to double the visa application fees, this new bill is going to affect Indian IT service companies, which is nowhere near this 50 percent figure and still relies on H1-B and L1 visas to transition clients' contracts offshore.
The leaders of Indian industries should come forward and rise for the support sportsmen, said the Minister of Sports M S Gill, reacting to Azim Premji's statement that investment on events like the Commonwealth Games (CWG) is a waste of money.
Business
The Oxford dictionary may now be available only online. The publisher of the dictionary, Oxford University Press, said that the ever increasing demand for the online version of the dictionary may see the print version getting extinct.
As part of consolidating the players in the domestic telecom market, Telecom Department is examining proposals that would allow new operators, who were given licences and airwaves under controversial circumstances two years ago, to sell out or exit
Event on Integration Challenge In the Cloud, Aug 31st, Hotel Ista, Bangalore
Technology
As part of its effort to create a social networking service to counter the aggressive growth of Facebook, Google has acquired Internet company Angstro and hired its Co-Founder Rohit Khare.
Once 3G and mobile broadband services start in India, buying and selling of products over the internet are likely to grow at a rapid space, according to a top official of the e-commerce site eBay.
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Finance
Despite the Finance Ministry's request to consider investments in stock markets, retirement fund manager Employees' Provident Fund Organisation's (EPFO) advisory body FIC once again recommended against investing in stock markets.
IIFL is bullish on HCL Technologies and has recommended buy rating on the stock with a target of 427.
Training & Courses
Reliance Global Services is specialized in offshore development of Software applications and support with an expertise on Software Testing & Quality assurance.
SANAARI is a Global Information Technology company which provides technology solutions to over 500 customers in more than 5 countries, spanning a range of verticals.
Featured institutions
ISME is one of the top business schools in India located at Bangalore and Navi Mumbai. ISME offers full time Post Graduate Program in Management - PGPM
IBS Icfai Business School Hyderabad offers high-quality programs in different areas of management to a wide cross-section of students, executives and professionals across India.
Magazine
The success of Rediff as a news, information, entertainment, and shopping portal, which allowed them to be the first Indian internet firm, to be listed in NASDAQ, is not merely a boost to Ajit Balakrishnan's financial assets.
In the 1998 time frame when I changed my career into software testing, the no. of testing professionals available in the software industry was very less - may be in terms of just a few hundreds.
Featured questions
A new website just announced that you can buy an excuse for why, it's not a bad idea to run your startup idea through this simple
A motivational speaker may be what your staff needs to get back on the right, the Benefits that a Motivational Speaker
Humor of the day
The mechanic straightened up, wiped his hands on a rag and asked argumentatively, "So doctor, look at this. I also open hearts, take valves out, grind 'em, put in new parts, and when I finish this will work as a new one.
An artist asked the gallery owner if anyone had shown interest in his paintings. "I've got good news and bad news,
SMART TECHNOLOGY | SMART BUSINESS | SMART DEALS
Startup city
How efficiently and securely one is able to share data with customers, business partners, and among employees will determine how successful his or her business will be in today's legislative environment and competitive market.
Who says niche players can't be billion-dollar companies?
Sashi Reddi, Founder and CEO, FXLabs Studios
Many leading venture capital firms from the U.S. are willing to invest in, and have begun to bet on, niche Indian players.
CXO Insights
Mobile Productivity in the Enterprise
David D'Souza, CEO, Moprise
Adoption of the personal computer by businesses has been credited with 30 to 60 percent growth in U.S. personal productivity in the 1990s.
Doing IT Services Business with SMBs and Startups
Prathapan Sethu, CEO and Co-Founder, QBurst
SMBs and startups are the engines of growth in advanced economies. The Fortune 500 companies will continue to dominate IT spends, but because IT has become much more ....
HM Symphony, luxury apartments Off. Sarjapur Rd, Bangalore
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2/3/4 Bedroom residential apartments in Sec. 107, Noida
Apartments at very affordable price, spread on 17 acres land with 3 side open plot.
Featured jobs
Team leads must have led teams of 3 or more, Experience with working on multiple platforms, such as Macintosh, Windows, Unix, and Linux
Blackberry Team Lead 2 - 5 years
Code, test and troubleshoot programs. Write new program code using prescribed specifications. Analyze performance of programs and take action to correct deficiencies.
Code, test and troubleshoot programs. Specify, design and implement software based on an external requirements document.
Manual testing of multiple software development projects, from device drivers to high-level GUI applications.
Blogs: Editor's choice
It has been very disgraceful for an institution like the Parliament that its members without scruple or compunction...
We should take good care of our body. This is one very excellent reason to care for them...
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