Indian cos will counter visa fee hike by US: Murthy

Right of US government to decide its policy

PTI | August 23, 2010



Infosys founder N R Narayana Murthy has expressed confidence that Indian software companies will counter the pressure of the recent visa fee hike by the US government with greater competitiveness, using innovation as a tool to enhance productivity.

Stating that it was the right of the US government to determine its policy, Murthy said, "We must accept it and compete and succeed under the new dispensation. Innovation is an important tool to become stronger and enhance our revenue productivity."

Murthy's comments came at the felicitation of academician and researcher J G Krishnayya, founder of Systems Research Institute (SRI) here last night.

The new fees for H1B and L1 visas, effective from August 14, is expected to put an additional annual burden of USD 200 million on Indian software firms.

Murthy stressed the need to encourage research institutions to come out with solutions addressing problems of the large-scale systems in public life.

A Marathi translation of Murthy's book "A better India, a better world" rendered by Chitra Walimbe, was also released by noted journalist Arun Shourie at a function here.
 

Comments

 

Other News

Railways imposed ₹5.13 crore fine for food quality and hygiene violations

Indian Railways serve about 58 crore meals every year on an average. About only 0.0008% food quality related complaints are received on average. Based on complaints during the last three years, appropriate penal actions have been taken by IRCTC. Such actions include imposition of fines amounting to ₹5.13

STHAVAR: Why every Indian built asset needs a permanent digital identity

India has built digital systems for identity, payments, taxation, documents, logistics and public services. State governments, ministries, infrastructure agencies and urban local bodies have also created portals for land records, building permissions, project monitoring, property taxation and municipal s

Saksham Skill census identifies 22,000 job-ready candidates in one Mumbai ward

A first-of-its-kind AI-enabled skill census conducted in Mumbai`s H-West Ward has identified a potential livelihood pipeline of nearly 22,000 candidates, generated over 32,000 provisional job matches while revealing that 71.2 per cent of surveyed homemakers are willing to join the workforce, according to

GI tags: Scaling traditional wealth into global brands

Geographical Indication (GI) tags have emerged as a powerful tool for protecting India`s cultural heritage, while creating economic opportunities for local communities. By linking products to their place of origin, GI tags preserve traditional knowledge, prevent misuse, and enhance consumer trust. They h

BMC: 207 officials in ACB net, 112 still on duty, 68 retire before justice catches up

There are significant delays in the handling of corruption cases involving officials of the Brihanmumbai Municipal Corporation (BMC), a Right to Information (RTI) response obtained by rights activist Jeetendra Ghadge has revealed. As of 30 April 2026, 207 BMC officials face Anti-Corruption Bureau (A

The transformation trap: Why efficiency is not innovation

Every company is transforming, or so it claims.   There was a time when the word ‘transformation’ carried weight. It signified bold strategic shifts, reinvention of business models, and breakthrough technologies that fundamentally changed how organizations created

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter