IT Stocks Slip as US Ends H-1B Visa Lottery, Moves to Skill-Weighted System
Indian IT companies edged lower on December 24 after the United States announced a major overhaul of its H-1B visa for work allocation system, replacing the long-standing lottery mechanism with a weighted selection process that prioritises higher-paid and more skilled foreign workers. Stocks such as Coforge, Tech Mahindra and Wipro declined between 0.7% and 1%, […]
IT Stocks Slip as US Ends H-1B Visa Lottery, Moves to Skill-Weighted System Read More »









