Monday, August 1, 2011

Infosys:Will ensure Infosys shuts US ops: Jack Palmer

Bangalore: IT required corporations are spending sleepless nights in newly made visa allegations against them.

Infosys, Tata Consultancy Services (TCS), Wipro Technologies and Cognizant suffer carried on at the going to get end in the the preceding couple of months. Two exact lawsuits own carried on lodged against Infosys in the survive six cycles founded on a deviation based on data from the H1B visa and age discrimination in local employment, according to a news story in The Economic Times.

Although the organization declined to comment on the present predicament when questioned for the duration of his urge are in Mysore the preceding month, the IT necessary has a extensively legal vie ahead.  Jack Palmer, who has accused the company of large scale fraud in the U.S. visa not ready to settle out of court. A report in The Economic Times says Palmer wants the case goes to trial and see to the end, after Infosys last week said his statements were false and exaggerated.

He also said that Indian companies are benefiting at the expense of the U.S. economy, a charge the India IT industry does not agree with. Software of India and NASSCOM services industry body, has said in the past that the cost savings offered to help U.S. companies more competitive.

The case threatens to affect companies in North America at Infosys where you get 60 percent of their income.

Last week, the barometer of IT came with force against the complainant, calling Palmer's comments "full of inaccuracies, exaggerations and falsehoods." comments made by Palmer (by U.S. Senator Charles Grassley) to the Senate Judiciary subcommittee on immigration, refugees and border security, is full of inaccuracies, exaggerations and falsehoods, "said Paul Gottsegen N, marketing director Infosys said in a statement.

Infosys, which has been caught in a whirlwind of problems with the visa that was affecting their relationship with customers, said it will strive to see that the integrity of the company and law enforcement is not understood.

But not only that Infosys is on the receiving end. Even multinational companies like Cognizant have been accused of abusing visa rules. Downstairs, the companies are getting hit hard by intense scrutiny and denial of visas. V Balakrishnan, CFO, Infosys Ltd had recently told us in an interview that L1/H1B rejection of visas had risen nearly 50 percent.

However, the problem is most of what has been reported. A columnist says here clearly that there is a flaw in the visa regime. So are companies or their attorneys misinterpret this loophole for more visas? No one has clarified this position, but this is definitely going to have a major impact on India's IT companies.
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