Infosys Ltd
INFY: XNSE (IND)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|W% | LOCK|&<TX& | LOCK|>k@>d!% |
IT Services: New $100,000 Fee for H-1B Visas Can Severely Restrain Onshore Delivery Capability
Bloomberg reported on Sept. 19 that President Donald Trump is expected to announce a new $100,000 fee on H-1B visa applications. Shares are down up to 5% for IT services providers with high offshore leverage, including Cognizant, Infosys, and Wipro.
