India, Sept. 22 -- India's stock market is likely to see a tepid start today, as the impact of H-1B visa changes on IT stocks led by Tata Consultancy Services Ltd. and Infosys Ltd. is likely to weigh on the wider stock market. On the flip side, there's a silver lining-the new goods and services tax rates go live today. They're expected to shape near-term earnings and set the stage for how different sectors will play out in the days ahead.
It seems software exporters just can't catch a break these days. Even as concerns over the impact of artificial intelligence weigh on the sector's growth, President Donald Trump's decision to sharply hike application fees for so-called H-1B visas could muddy the outlook further.
While tech majors, incl...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.