A bill being proposed in U.S. Congress by Rep. Darrell Issa, R-Calif., that aims to limit the outsourcing of jobs and reform the country’s high-skilled immigration program is weighing on Indian IT consulting and software stocks. Here House Speaker Paul Ryan of Wisconsin shakes hands with Issa during a mock swearing in ceremony on Capitol Hill Tuesday.
A bill being proposed in U.S. Congress by Rep. Darrell Issa, R-Calif., that aims to limit the outsourcing of jobs and reform the country’s high-skilled immigration program is weighing on Indian IT consulting and software stocks. Here House Speaker Paul Ryan of Wisconsin shakes hands with Issa during a mock swearing in ceremony on Capitol Hill Tuesday. Jose Luis Magana AP
A bill being proposed in U.S. Congress by Rep. Darrell Issa, R-Calif., that aims to limit the outsourcing of jobs and reform the country’s high-skilled immigration program is weighing on Indian IT consulting and software stocks. Here House Speaker Paul Ryan of Wisconsin shakes hands with Issa during a mock swearing in ceremony on Capitol Hill Tuesday. Jose Luis Magana AP

Indian outsourcing firms hit by U.S. proposal to restrict skilled visas

January 06, 2017 11:49 AM