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New U.S. Bill Targets Indian IT Firms

A fight is brewing between Washington and New Delhi over provisions in the U.S.'s draft immigration bill that could hobble Indian outsourcing firms' businesses in the U.S.The proposals, which include cutting back sharply on the number of foreign workers these outsourcing companies can send to their U.S. offices, have won broad support from rival U.S. technology firms, including International Business Machines Corp. (IBM) and Accenture PLC (ACN), lobbyists say.India's $110 billion IT industry, which performs back-office tasks such as software programming, makes about half its revenue from the U.S.Indian companies such as Infosys Ltd. (500209.BY, INFY), Tata Consultancy Services Ltd. (532540.BY) and Wipro Ltd. (507685.BY, WIT) have set up large U.S. offices to be closer to clients, staffing the sites overwhelmingly with Indian expatriates, who earn significantly less than their American counterparts.The model has been challenged in recent years by U.S. politicians, who argue Indian outso...

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  1. The Myths of the High-Tech Worker Shortage

    Rochester Institute of Technology Professor Ron Hira on the myths that the U.S. is in need of more computer professionals and engineers.

  2. Microsoft Files EU Competition Complaint Against Google

    Microsoft Corp stepped up its rivalry with Google Inc with a formal complaint to EU antitrust regulators, claiming Google systematically thwarts Internet search comp...

  3. EC, Microsoft settlement broadly welcomed

    Microsoft 's successful settlement of its antitrust issues with the European Commission was welcomed by the software company's foes and friends alike Wednesday, with...

  4. With EU browser case dropped, Microsoft seeks trust, interoperability

    Microsoft Wednesday said it hopes that the resolution of its browser dispute with the EU will lead to the building of more trust and to more interoperability among s...

  1. Microsoft Launches Website for Its Patent Catalog

    Microsoft Corp. (MSFT) on Thursday launched a website listing all the patents it holds in the U.S. and abroad, in a campaign for more patent transparency aimed at li...

  2. Microsoft Launches Website Listing Its Patent Catalog

    Microsoft Corp. (MSFT) on Thursday launched a website listing all the patents it holds in the U.S. and abroad, in a campaign for more patent transparency aimed at li...

  3. Microsoft to Publish Patent Catalogue In Move to Deter Litigation

    Microsoft Corp. (MSFT) will soon publish on the Web details of the patents it owns in an effort to foster more transparency among patent holders and reduce litigatio...

  4. Facebook, Microsoft Forge $550M Patent Deal

    Microsoft (NASDAQ:MSFT) and Facebook announced an agreement Monday in which Facebook will pay $550 million in cash for 650 patents Microsoft recently purchased from ...

  5. Microsoft Pays $1B for Batch of AOL Patents

    AOL (NYSE:AOL) scored a $1.06 billion transaction on Monday to sell more than 800 coveted patents to Microsoft (NASDAQ:MSFT) and give the tech giant non-exclusive li...

  6. U.S. Companies: Get Off Your Cash and Start Hiring

    We have a lot more to discuss on the downgrade of America - and the escalating battle between the white house and S&P. But I want to turn for a moment to the subject...

  7. How to Improve the Educational System to Boost Jobs

    Cato Institute Associate Director for Educational Freedom Neal McCluskey on how the educational system can be improved to help Americans’ career opportunities and marketable skills.

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