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H-1B visa fees hike: Nasscom urges member companies to bring staff back to US; Trump’s September 21 deadline looms

Industry body, Nasscom, has urged its member companies to bring back H-1B employees stuck outside the United States before new visa fee rules come into force.The warning comes with just a day left before the US raises the cost of applying for an H-1B visa to $100,000, a move that could severely disrupt businesses.Shivendra Singh,…

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Trump hikes H-1B visa fee to $100,000! How much does it cost right now & how will Indian IT companies, tech employees be hit? Explained

H-B visa fee hike: This decision could notably affect Indian IT professionals and workers in the United States. H-B visa fee hiked! The Donald Trump administration sent shockwaves across the technology sector – particularly Indian IT, by substantially hiking the fee for H-1B visas. The revised regulations mandate organisations recruiting foreign professionals on H-1B visas…

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Intel shares jump 25%! Stock rallies after Nvidia invests $5 billion; companies to collaborate on AI and PC chips

Intel shares soared more than 25 percent to $31.25 on Thursday following Nvidia’s announcement that it will invest $5 billion in the struggling semiconductor giant, giving a much-needed boost to the Silicon Valley veteran.The deal will see Intel and Nvidia collaborate on custom data centres for artificial intelligence infrastructure and integrate Nvidia technology into personal…

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Banks, insurance companies may get Sebi nod for non-agriculture trades

MUMBAI: Sebi will engage with the government to allow banks, insurance companies and pension funds to invest in non-agriculture commodity derivative markets, its chairman Tuhin Kanta Pandey said on Wednesday.He said the capital markets regulator is also looking at a proposal to allow foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts….

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‘I’m disappointed with…’: Nvidia CEO Jensen Huang after China sends ‘loud and clear’ message to tech companies on banning AI chips

CEO of Nvidia Jensen Huang Nvidia CEO Jensen Huang has said that he is disappointed by China’s internet regulator’s reported instruction to the country’s largest technology companies to stop purchasing the US-based chipmaker’s artificial intelligence (AI) chips and to terminate their existing orders. “We probably contributed more to the China market than most countries have….

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