Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Research

| More

IT Update - Ban on premium processing of H1-B visas: Angel Broking

Posted On: 2017-03-11 10:59:31

Views of Ms. Sarabjit Kour Nangra (VP Research- IT, Angel Broking):

"Trump administration has imposed a temporary suspension on "Premium Processing of H1-B" visas. The normal time process for H1-B visas ranges from 3-6 months depending on the evidence and documentation provided. However, employers were provided a special window which is referred to as the "Premium Processing Service". By paying an additional fee of $1225 per application, the entire H1-B visa can be processed in 15 days. To avail Premium Processing, the applicant will have to file Form I-907 along with the H1-B visa petition. Once the requisite additional fee of $1225 is paid, these Form I-907 visas are processed on a priority basis within 15 days. It is this use of Form I-907 for premium processing that is banned by the USCIS effective April 03rd 2017. Of course, it will be technically a temporary ban for a period of 6 months only, but subject to review. Though this will lengthen the time for the companies to deploy their resources in US and take away the flexibility that they enjoyed earlier, it will not impact the long term business fundamentals of the business. Though IT companies since are not prepared for the same could see some impact on their business over the next 1-2 quarters, if the ban lasts more than 6-months. Since the development is of short duration, we are not changing our recommendations and Infosys and HCL Tech are our Top picks."


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Disclaimer:The article above is a gist / extract of the original report prepared by the research firm / brokerage firm. This article is not to be considered as an offer to sell or a solicitation to buy any securities. This article is meant for general information only. www.equitybulls.com, its employees or owners or the research firms, its employees or owners won't be responsible for any liability that may arise from information, errors or omissions in these articles. www.equitybulls.com or its employees or owners / the research firms or its employees or clients or owners may from time to time hold positions in securities referred in this article. For detailed research reports, please contact the concerned research firm directly.





Other Headlines:

Minda Industries (MNDA.IN) - Robust performance - CSEC Research
Karur Vysya bank (KVB IN) - Moderate loan growth, coupled with deteriorating asset quality - CSEC Research
Aksharchem India Ltd - REDUCE - TP Rs.680 - Result Update - Kotak
Voltamp Ltd - BUY - TP Rs.1248 - Result Update - Kotak
Shankara Building Products Ltd - BUY - TP Rs.1654 - Result Update - Kotak
Simplex Infrastructure Ltd - BUY - TP Rs.590 - Result Update - Kotak
MOIL Ltd - ACCUMULATE - TP Rs.265 - Result Update - Kotak
CHHOTA (to) MOTA ideas: Eveready Industries Ltd - BUY - TP Rs.522 - Kotak
Castrol India Ltd - Q2FY18 Result Update - Religare
Minda Corporation - Q2FY18 Result Update - Religare
Mold-Tek Packaging - Q2FY18 Result Update - Religare
The India Cements Ltd - BUY - TP Rs.223 - Result Update - Kotak
Tata Motors - BUY - TP Rs.514 - Result Update - Kotak
Ashok Leyland - ACCUMULATE - TP Rs.126 - Result Update - Kotak
Oil India Ltd - ACCUMULATE - TP Rs.381 - Result Update - Kotak
Sun TV Network - REDUCE - TP Rs.878 - Result Update - Kotak
Larsen & Toubro - ACCUMULATE - TP Rs.1337 - Result Update - Kotak
Voltas - ACCUMULATE - TP Rs.610 - Result Update - Kotak
Allcargo Logistics - BUY - TP Rs.205 - Result Update - Kotak
Mahindra & Mahindra - BUY - TP Rs.1604 - Result Update - Kotak
Motherson Sumi Systems Ltd - SELL - TP Rs.342 - Result Update - Kotak
MRPL - ACCUMULATE - TP Rs.138 - Result Update - Kotak
Mold-Tek Packaging - ACCUMULATE - TP Rs.337 - Result Update - Kotak
NMDC Ltd - REDUCE - TP Rs.130 - Result Update - Kotak
Time Technoplast Ltd - BUY - TP Rs.214 - Result Update - Kotak
Nagarjuna Construction - BUY - TP Rs.107 - Result Update - Kotak
The Phoenix Mills Ltd - BUY - TP Rs.594 - Result Update - Kotak
Sterling Tools Ltd - BUY - TP Rs.350 - Result Update - Kotak
Delhi takes a giant stride towards curbing vehicular pollution: Angel Broking
Mirza International - REDUCE - TP Rs.173 - Result Update - Kotak
Indraprastha Gas - SELL - TP Rs.291 - Result Update - Kotak
Mahanagar Gas Ltd - SELL - TP Rs.1033 - Result Update - Kotak
Petronet LNG - ACCUMULATE - TP Rs.285 - Result Update - Kotak
Bajaj Electricals - SELL - TP Rs.335 - Result Update - Kotak
Chhota (to) Mota Ideas - Venky's India Ltd - BUY - TP Rs.3000 - Result Update - Kotak
Va Tech Wabag - BUY - TP Rs.711 - Result Update - Kotak
Chennai Petroleum Corporation Ltd - ACCUMULATE - TP Rs.485 - Result Update - Kotak
Castrol India Ltd - ACCUMULATE - TP Rs.437 - Result Update - Kotak
Shree Cements Ltd - BUY - TP Rs.21913 - Result Update - Kotak
Greenply Industries Ltd - ACCUMULATE - TP Rs.322 - Result Update - Kotak
IRB Infrastructure Developers Ltd - BUY - TP Rs.271 - Result Update - Kotak
Maharashtra Seamless Ltd - BUY - TP Rs.560 - Result Update - Kotak
VIP Industries - ACCUMULATE - TP Rs.325 - Result Update - Kotak
Greaves Cotton Ltd - ACCUMULATE - TP Rs.136 - Result Update - Kotak
Shipping Corporation of India Ltd - ACCUMULATE - TP Rs.110 - Result Update - Kotak
Berger Paints Ltd - REDUCE - TP Rs.265 - Result Update - Kotak
Apollo Tyres Ltd - BUY - TP Rs.278 - Result Update - Kotak
Zensar Technologies Ltd - REDUCE - TP Rs.855 - Result Update - Kotak
VRL Logistics - BUY - TP Rs.450 - Result Update - Kotak
Carborundum Universal Ltd (CUMI) - SELL - TP Rs.318 - Result Update - Kotak


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2017