Infosys, Wipro ADRs drop 3% as Cognizant, Infosys, TCS, Wipro, HCL among IT firms suspended from US green card programme

United States

What to know

  • Infosys and Wipro ADRs fell about 3% after the Trump administration suspended major technology outsourcing firms from a programme that helps companies seek green cards for H-1B workers.S1
  • "We will not accept any new or process any pending permanent labour certification applications involving these companies,” US Labour Secretary saidS2
Timeline · newest first
3w Livemint

Infosys, Wipro ADRs drop 3% as Cognizant, Infosys, TCS, Wipro, HCL among IT firms suspended from US green card programme

Infosys and Wipro ADRs fell about 3% after the Trump administration suspended major technology outsourcing firms from a programme that helps companies seek green cards for H-1B wor…

3w Thehindubusinessline

Cognizant, Infosys, TCS, Wipro and HCL among IT firms suspended from US green card programme

"We will not accept any new or process any pending permanent labour certification applications involving these companies,” US Labour Secretary said

Infosys, Wipro ADRs drop 3% as Cognizant, Infosys, TCS, Wipro, HCL among IT firms suspended from US green card programme

2 outlets 2 reports

What to know

  • Infosys and Wipro ADRs fell about 3% after the Trump administration suspended major technology outsourcing firms from a programme that helps companies seek green cards for H-1B workers.S1
  • "We will not accept any new or process any pending permanent labour certification applications involving these companies,” US Labour Secretary saidS2
Timeline · newest first

Sources · 2 citations

S1 Livemint 1 report · EN
S2 ThehindubusinesslineLead 1 report · EN