{"id":963633,"date":"2025-09-23T10:45:56","date_gmt":"2025-09-23T05:15:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=963633"},"modified":"2025-09-23T12:21:16","modified_gmt":"2025-09-23T06:51:16","slug":"it-stocks-foot-rs-82600-crore-bill-for-100000-h-1b-visa-time-to-sell","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/23\/it-stocks-foot-rs-82600-crore-bill-for-100000-h-1b-visa-time-to-sell\/","title":{"rendered":"IT stocks foot Rs 82,600 crore bill for $100,000 H-1B visa. Time to sell?"},"content":{"rendered":"<p>Already reeling under pressure from multiple other issues, IT stocks fell up to 5% on Monday with the Nifty IT index losing Rs 82,600 crore in market value after US President Donald Trump surprised tech giants by hiking $100,000 fee for H-1B visa from $1,000 earlier. <\/p>\n<p>The Nifty IT index, which is already in bear grip, ended the day 3% lower with Mphasis, LTIMindtree, Coforge, Persistent down around 4-5% each. TCS, Infosys, Wipro and HCL Tech ended 2-3% lower. Most of these IT majors are already down 20-30% from peaks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Already reeling under pressure from multiple other issues, IT stocks fell up to 5% on Monday with the Nifty IT index losing Rs 82,600 crore in market value after US President Donald Trump surprised tech giants by hiking $100,000 fee for H-1B visa from $1,000 earlier. The Nifty IT index, which is already in bear grip, ended the day 3% lower with Mphasis, LTIMindtree, Coforge, Persistent down around 4-5% each. TCS, Infosys, Wipro and HCL Tech ended 2-3% lower. Most of these IT majors are already down 20-30% from peaks.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[61,4,10],"tags":[],"class_list":["post-963633","post","type-post","status-publish","format-standard","hentry","category-bpo-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=963633"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963633\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=963633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=963633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=963633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}