recommended reading

Indian IT Outsourcing Giant Infosys Stung by U.S. Immigration Morass

Infosys Executive Chairman N. R. Narayana Murthy

Infosys Executive Chairman N. R. Narayana Murthy // Aijaz Rahi/AP

Bangalore-based Infosys posted a scanty 1.2 percent increase in net profit for the three months to Sept. 30, falling short of analysts’ already-lowered estimates. The earnings miss was largely due to a 2.19 billion rupee provision for “visa related matters,” stemming from a US investigation into whether Infosys broke immigration rules by bringing in full-time workers from India under short-term “business visitor” visas. The H-1B visas that companies like Infosys rely on have become a contentious issue in the US immigration debate. With no sign that Washington will be able to tackle immigration any time soon, Infosys and other IT outsourcing companies have recently been building up their operations in Mexico instead.

Read the full story at Quartz.

Threatwatch Alert

Thousands of cyber attacks occur each day

See the latest threats

JOIN THE DISCUSSION

Close [ x ] More from Nextgov
 
 

Thank you for subscribing to newsletters from Nextgov.com.
We think these reports might interest you:

  • It’s Time for the Federal Government to Embrace Wireless and Mobility

    The United States has turned a corner on the adoption of mobile phones, tablets and other smart devices, outpacing traditional desktop and laptop sales by a wide margin. This issue brief discusses the state of wireless and mobility in federal government and outlines why now is the time to embrace these technologies in government.

    Download
  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

    Download
  • A New Security Architecture for Federal Networks

    Federal government networks are under constant attack, and the number of those attacks is increasing. This issue brief discusses today's threats and a new model for the future.

    Download
  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

    Download
  • Software-Defined Networking

    So many demands are being placed on federal information technology networks, which must handle vast amounts of data, accommodate voice and video, and cope with a multitude of highly connected devices while keeping government information secure from cyber threats. This issue brief discusses the state of SDN in the federal government and the path forward.

    Download
  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.

    Download

When you download a report, your information may be shared with the underwriters of that document.