Tuesday 4 April 2017

News Digest: 'Uncertainty regarding visa issue key challenge for Indian IT sector'

THE TIMES OF INDIA
Wednesday, April 05, 2017
Today's Headlines

'Uncertainty regarding visa issue key challenge for Indian IT sector'
Uncertainty on the visa front is the main challenge for India's Information Technology sector in 2017-18 but it's going to be business as usual otherwise, said industry veteran Kris Gopalakrishnan.

Revised H1-B visa norms to impact computer programmers
Just a few days before the new season for H-1B visas for skilled workers started, the US authorities have tightened the norms for hiring computer programmers, putting a squeeze on Indian IT companies.

Reliance Jio to continue with disruptive pricing for another 12-18 months: Experts
Reliance Jio Infocomm is likely to break even at the Ebitda (earnings before interest, taxes, depreciation & amortisation) level by FY18 with at least 83 million customers generating an ARPU (average revenue per user) of Rs 246 per month, analysts and experts said, enthused by the 4G newcomer’s strong 60% customer conversion to paid services.

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