Infosys, Wipro ADRs fall to 4% amidst Trump’s proposal for $ 100,000 annual H-1B Visa costs

American Deposit Vouchers (ADRs) of large Indian IT companies Infosys and Wipro fell to 4% after the Trump-Administration plan to impose an annual reimbursement of $ 100,000 per H-1B visa, a movement that could significantly influence the companies that depend on foreign skilled employees. During the Intraday trade, the Infosys ADR fell no less than […]