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IT sell-off deepens: Infosys, Wipro ADRs slide as US tech rout and rate fears weigh

Selling pressure in global technology stocks spilled over to Indian IT counters listed in the US on Thursday, with Infosys and Wipro ADRs declining sharply amid a broader risk-off mood and concerns over interest rate outlook and AI-driven disruption in the sector.Infosys’ American Depositary Receipts (ADRs) fell more than 7 per cent to an intraday…

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The 2027 H-1B season: Revised strategies for sponsoring employers and implications for aspirants

AI image (Picture credit: OpenAI via ChatGPT) For thousands of Indian professionals and the companies that seek to hire them, the upcoming H-1B season for fiscal (FY) 2027, may prove to be the most uncertain in the program’s history, where higher wages improve selection odds, a $100,000 entry fee deters overseas hiring, and US consulates…

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