New Delhi, Sept. 20 -- On Friday, US President Donald Trump signed a proclamation that will raise the fee for H1-B visas to a whopping $100,000 annually, marking the latest move in his administration's push to crack down on immigration. With 13,396 H-1B visas sponsored in total by Indian companies, the new order would increase the H-1B visa fees from about $13.4 million to $1.34 billion, or about 10% of the combined net profits of TCS, Infosys, HCLTech, Cognizant and LTIMindtree in FY25. So, Indian tech companies are expected to feel the sell-off heat when trading activities resume on Monday. Shares of Cognizant Technology Solutions cracked around 4.75% on Nasdaq, whereas Infy's share price crashed 3.40% on NYSE. However, pressure would a...
		
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