Latest News, Updates & Breaking Headlines
New DOL wage rule could make H-1B visa holders too expensive The Trump administration has announced a new immigration rule that could significantly increase the cost of hiring H-1B visa holders and employment-based immigrants in the US. The plan, included in a presidential proclamation, introduces a $100,000 fee for many H-1B visa holders. The Department…
JPMorgan is hiring as part of its ambitious $1.5 trillion US “resiliency” plan, CEO Jamie Dimon announced on Monday.The bank is looking for financial specialists in defence, energy, artificial intelligence, and advanced manufacturing to help build an investment team. This team will deploy $10 billion in capital before the bank involves its bankers.“If you think…
Aravind Srinivas, desi CEO and founder of Perplexity AI, has stated that the startup’s new AI browser, Comet, can boost productivity so significantly that companies can skip hiring new employees. He characterised the artificial intelligence (AI)-powered web browser as a ‘true personal assistant,’ allowing users to complete more tasks in the same amount of time….
BENGALURU: TCS will honour all offers made to about 650 lateral hires whose onboarding was delayed for nearly three months. TOI has reviewed emails sent to candidates, asking them to make themselves available for the pre-joining onboarding process. The company has begun issuing onboarding mails, with some candidates receiving joining dates in Oct. Onboarding would…
Companies across consumer electronics, e-commerce, automobiles, retail, logistics, and FMCG are rushing to hire temporary staff as India’s festive season kicks off, following reduced GST rates from September 22. Industry experts say many shoppers had postponed purchases earlier this season, which dented sales, but with firms passing on GST cuts through price reductions, buyers are…
