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via livemint.comBusiness & Companies

H-1B 'not a business model': Infosys, TCS, Wipro face fresh scrutiny

FROM THE WIRE · LIVEMINT.COM

The warning comes on the heels of an expanding federal investigation into alleged abuses within the H-1B visa and employment-based green card programmes.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA widening federal probe into H-1B visas could weigh on large Indian IT firms that rely on these visas.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The warning follows an expanding federal investigation into alleged abuses in H-1B and green card programmes.
  2. 02The text names Infosys, TCS and Wipro as facing fresh scrutiny.
  3. 03The US visa crackdown is widening.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.