Monday, August 9, 2010

Infosys in observe of H1-B visa squall

Infosys receives over 66 per cent of its profits from North America, take up approximately 12,000 people in the US. However, while discussing the colonization Bill on the US Senate floor on Thursday, Charles Schumer, the Democrat Senator from New York, likened Infosys Technologies to a "chop shop" the rest where stolen fractions are dismantle and sold.

The senator was participating in the dispute before the Senate approved a $600 million Border Security Bill which has planned to almost double the H-1B and L-1 visa submission fees from $2,300 to $4,300.

The urgent situation border finances will be remunerated for by assess fees on foreign companies known as chop shops that outsource good, high-paying American knowledge jobs to lower wage, temporary migrant workers from other countries.

Infosys resisted from making an official declaration on the Senators' statement. However a senior company administrative said: "It's very untoward that the Senator has made such a statement. Politicians make all kind of statements in the administration and we don't fancy to show a red flag to the bull at this position of time."

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