The Latest Breaking News from United States

TCS, Infosys, Wipro & others suspended from PERM green card program by US. What is it & how is it different from H1-B?

The US has suspended Microsoft, Adobe, Infosys, Wipro, TCS, HCL Technologies, Cognizant and Capgemini from the PERM green card programme over alleged fraud and replacement of American workers. The freeze blocks new applications and pending cases, potentially delaying permanent residency for skilled foreign workers.

The Economic Times · Oct 9

Why did market rise today? Sensex jumps over 800 points, Nifty closes above 22,500. 6 key factors behind D-Street rebound

On Friday, the Indian stock market surged sharply, halting an eight-week decline in performance. Sensex and Nifty gained substantial points, driven by easing oil prices and strong buying in IT stocks. The Rupee rose against the US dollar as the dollar softened, and bond yields also cooled down. However, concerns…

The Economic Times · Oct 9

Karnataka Minister warns of 'far-reaching consequences' on US suspension of Green Card program for IT majors

Karnataka Minister Priyank Kharge outlined potential challenges for India's IT sector due to the US suspension. This suspension may increase operational costs and reduce flexibility for Indian IT companies in the United States. Kharge suggested that more high-value work might remain in India due to difficulties in relocating engineers. He…

The Economic Times · Oct 9

'Never-ending flow of cheap labour': JD Vance reiterates US stand on barring Microsoft, TCS Infosys & others from green card program

US Vice President JD Vance defended the Trump administration’s move to suspend major technology companies, including Microsoft and Adobe, from the employment-based green card programme, accusing corporations of relying on cheap foreign labour at the expense of American workers.

The Economic Times · Oct 9

Pentagon to livestream Nidal Hasan's firing squad execution on December 3

The Pentagon has announced that it will livestream the firing squad execution of Nidal Malik Hasan, the former Army psychiatrist convicted of killing 13 people at Fort Hood in 2009. The execution is scheduled for December 3 at the Texas military base where Hasan carried out the shooting.

The Times of India · Oct 9

Is this the ‘mathocalypse’? Why OpenAI’s latest results dump has left mathematicians in shock

Earlier this week, OpenAI published a trove of hundreds of mathematical results it claimed could “push the frontier of human knowledge”. Produced largely by an unreleased artificial intelligence (AI) model, the 722 papers relate to 372 open problems covering everything from algebra and geometry to theoretical computer science.

The Conversation · Oct 9

Infosys, TCS, Wipro and other IT stocks rise up to 4%. Here are 3 important triggers to watch

IT stocks including TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Coforge and Persistent Systems rose up to 4% on Friday. The gains came amid a confluence of factors, including second-quarter earnings and the US suspension of a certification programme. TCS and Wipro were among the key gainers, while midcap IT stocks…

The Economic Times · Oct 9

Putin offers help to Iran to end Middle East war ahead of CIS summit

Russia's President Vladimir Putin met with Iran's Masoud Pezeshkian to discuss ending the Middle East conflict. During their talks in Turkmenistan, Putin emphasized his commitment to contributing to peace efforts. Both leaders noted the strengthening of diplomatic and military ties between their countries. They are set to attend a regional…

The Economic Times · Oct 9

TCS, Microsoft respond to US PERM suspension, reaffirm commitment to American workforce

Tata Consultancy Services has been suspended from the permanent labour certification programme by the US Labour Department. This suspension affects eight major technology companies including TCS, Infosys, and Microsoft. TCS stated that this will not impact its hiring strategy or engagements with clients. The company intends to hire 15,000 workers…

The Economic Times · Oct 9

OpenAI says Iran, Russia influence ops busted

OpenAI on Thursday said it shut down two influence operations -- from Russia and Iran -- that used ChatGPT to push fake journalist personas and run a "think-tank" to covertly peddle anti-Ukraine propaganda. The Russian operation co-opted "unwitting people" in Latin America to run a "think-tank" -- called the Social…

The Economic Times · Oct 9