Cognizant, in a statement, said: “Cognizant recently terminated this employee of approximately five months tenure with the company for performance reasons and based on client feedback. Our decision is consistent with the terms of our contracts with all of our employees.”
US firms with H-1B staff file more patents, generating significant economic value, according to a working paper by researchers for the National Bureau of Economic Research (NBER). A US based think tank said US tech startups that employ immigrant workers on H-1B visas have a higher chance of raising funds from venture capital firms.
Mapping and moving clinical data have always been challenging. Nudged by the Hi-Tech Act in 2010 that forced US medical records to get digitised, this is now a global trend across Europe and pockets of Asia, throwing open new business opportunities for tech providers. “90% of data in the US is now sitting in software systems.” says Jaddish Moorjani.
Currently, there are more than 20 startups in India valued at over $1 billion .
With digital becoming part of most deals, CEO says firm may switch to traditional segmentation of services.
Onsite hiring model could give Indian IT companies a competitive edge while cutting subcontracting costs.
Apart from Rosen Law Firm, 3 other US firms have put out notices for filing class action suits against Infosys.
The exchange has asked the Bengaluru-headquartered company to provide an explanation on not making disclosures citing Sebi regulations even as Infosys braces for an inquiry by the US Securities and Exchange Commission (SEC).
“An open, incentivized ecosystem can make trillions of loyalty points fungible as digital tokens," said Lakshminarasimhan (Lakshmi) Srinivasan, Global Head, Blockchain Services, TCS.
“With the new R&D center, Rubrik is proving it’s unique dual development center strategy and strengthening strategic business and trade ties between the US and India,” said John Chambers, Board Advisor of Rubrik.
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