$100k-fees-imposed-to-obtain-h1-b-visa:-indian-tech-stocks-take-hit-in-us

124023080Following President Trump’s executive order imposing additional fees on H-1B visas, Indian IT firms experienced a decline in their US-listed shares, with Infosys and Cognizant taking the biggest hit. Experts foresee immediate margin impacts, especially if the rule applies to existing visa holders, potentially reducing sector-wide EBITDA margins by 1% to 2%.