Tag
A US congressional bill proposes a three-year freeze on new H-1B visas, cutting the annual cap from 65,000 to 25,000 and requiring a minimum salary of $200,000. The measure would also ban dependent visas, directly affecting Indian tech workers and IT services firms that rely on the programme.
Wipro lost over $650 million in market value after issuing a weak business forecast, triggering a sharp investor selloff. The guidance miss points to continued softness in enterprise IT demand, with large Western clients deferring discretionary spending. Peer companies face heightened scrutiny ahead of their own
Wipro shares dropped approximately 4% after soft fourth-quarter results and weak forward guidance overshadowed a buyback announcement. The stock is now down more than 23% year-to-date, signaling sustained investor concern over IT services demand. The buyback failed to provide the price support investors typically
Tag
A US congressional bill proposes a three-year freeze on new H-1B visas, cutting the annual cap from 65,000 to 25,000 and requiring a minimum salary of $200,000. The measure would also ban dependent visas, directly affecting Indian tech workers and IT services firms that rely on the programme.
1mo ago · 2 min · Policy & Government
Wipro lost over $650 million in market value after issuing a weak business forecast, triggering a sharp investor selloff. The guidance miss points to continued softness in enterprise IT demand, with large Western clients deferring discretionary spending. Peer companies face heightened scrutiny ahead of their own
2mo ago · 1 min · Markets
Wipro shares dropped approximately 4% after soft fourth-quarter results and weak forward guidance overshadowed a buyback announcement. The stock is now down more than 23% year-to-date, signaling sustained investor concern over IT services demand. The buyback failed to provide the price support investors typically
2mo ago · 1 min · Markets
— End of feed —