Infosys, Wipro ADRs fall 3% on US H-1B green card suspension
Infosys and Wipro ADRs dropped around 3% in US trading after the Trump administration suspended major Indian IT outsourcing firms from the H-1B green card programme. Companies including TCS, Cognizant and HCL were also affected. The move adds pressure amid concerns over technology spending, AI disruption and stricter employment-based immigration policies.
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