These memos mandated documentation for all the locations H-1B employees will be deployed at, and how he will be supervised. The USCIS also required the employers to provide the proof of client work assignment for his H-1B period (three years that can be extended to another three). A US court pronounced these unlawful. … [Read more...] about 2020 US elections: More at stake for IT/ITeS firms as Trump goes ahead with his immigration agenda
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The issue will open on September 18 and close on September 23. The company is looking to raise money to develop software, infra, and strategic acquisition in technology space. It would also use the funds to develop a larger team, acquire assets, and for other issue expenses. … [Read more...] about IPO bonanza: SecMark Consultancy to hit D-Street, third firm to go public this month
At stake is New York’s financial health and its status as the world’s corporate headquarters. There is more square feet of workspace in the city than in London and San Francisco combined, according to Cushman & Wakefield, a real estate brokerage firm. Office work makes up the cornerstone of New York’s economy and property taxes from office buildings account for nearly 10% of the city’s total annual tax revenue. … [Read more...] about COVID-19 | Manhattan’s office buildings are empty. But for how long?
The IT industry body NASSCOM is seeking immediate intervention on the classification of IT-BPM as “intermediary” that makes them liable for 18 percent Goods and Services Tax (GST). This would impact the sector and render Indian firms less competitive in the global scene, the agency said in a report. … [Read more...] about Industry seeks government intervention on disputes on classification of IT-BPM services as ‘intermediary’
I would say that productivity has improved, owing to much more effective use of time and technology. No doubt working from home requires a lot of discipline and grit. However, people have learnt to be efficient and technology savvy. For me, there have been fewer distractions at home and I do now have access to additional time to work, time that was earlier spent travelling to work or other meetings. Of course, it has made us adapt to a certain different routine of working from home, but in a thoroughly positive and productive manner. The one drawback though is not meeting people. Social interaction is good for all of us. Issues arising out of lack of social interaction have to be dealt with and we at the firm have taken several steps in that direction. … [Read more...] about Virtual Leaders | COVID-19 lockdown underscores role of technology as game changer, says SAM & Co Managing Partner Pallavi Shroff