Topic
indian it
Harsh reality for H-1B visa returnees: Changed Indian IT hiring landscape, lower salaries and fewer jobs
H-1B visa holders returning to India amid US layoffs and tighter immigration policies are encountering a dramatically changed IT hiring landscape. With active tech job openings down 17% year-on-year and compensation often far below US levels, returnees must adapt to a market that prizes specialised AI, cloud, and cybersecurity skills. Global Capability Centres in Bengaluru, Hyderabad, and Gurugram offer some hope, but experts say the shift is structural, not cyclical.
Debt's the Way for Indian IT Acquisition Funding: Persistent Systems Leads $1.5B Bridge Financing
Persistent Systems' $1.5-billion bridge financing from Barclays for its proposed acquisition of German IT firm Nagarro signals a broader trend of Indian IT companies increasingly using debt for transformative acquisitions, departing from their traditional cash-rich, debt-free balance sheets. Industry experts warn of risks but note the strategic necessity to build AI capabilities and gain scale.