After many months of little or no movement, we are at last seeing an increasing number of new H1B petitions accepted by the USCIS under the fiscal year 2010 quota. As of November 27 th , the USCIS reported that they had received approximately 58,900 petitions. The annual quota limit is 65,000. The law provides special set asides of up to 6,800 numbers for petitions filed for citizens of Chile and Singapore, under special free trade agreements. Technically, this reduces the overall quota to 58,200. Most of the Chile/Singapore set asides, however, are returned to the main pool and used by "regular" H1B petitioners. Given that this is a relatively small number, however, it shouldn't delay by too long the date on which the quota is finally reached. Given the increasing number of filings, and the new sense of urgency that will undoubtedly result in more speculative filings by people hoping to get in while visas are still available, we can expect to see the quota r...
01:28 PM Monday , 06 July The market slides and is trading weak on lack of major announcements in the budget. Sensex is trading at 14,336, down 576 points and Nifty is at 4,248, down 175 points from the previous close. Source : IRIS 01:13 PM Monday , 06 July Indian Union Budget 2009-2010: The market was running ahead of realty and so there is some disappointment for corporate Indian from the budget, says Uday Kotak of Kotak Securities. But this is a great time for medium-term investors who were left out to get into the market now, he adds. Source : CNBC TV18 01:11 PM Monday , 06 July Indian Union Budget 2009-2010: The Finance Minister has not packaged the budget very well, says Samir Arora of Helios Capital. But the market will forget about the budget in 4-5 days, he adds. Source : CNBC TV18 12:15 PM Monday , 06 July The market at noon has plunged, in an initial reaction to the Union budget even as the Finance Minister is in the midst of presenting it in Parliament. S...
02:23 PM Thursday , 14 January It is a steady session for our market. Sensex is trading at 17,601, up 90 points and Nifty is at 5,264, up 30 points from the previous close. Source : IRIS 01:51 PM Thursday , 14 January Our market is seeing some turbulence and trending little lower. But the midcap out performance continues. Sensex is trading at 17,540, up 30 points and Nifty is at 5,246, up 12 points from the previous close. Source : IRIS 01:50 PM Thursday , 14 January The market is trading firm. Sensex is trading at 17,588, up 78 points and Nifty is at 5,262, up 28 points from the previous close. Source : IRIS 01:49 PM Thursday , 14 January At this hour the market has come off the morning`s high but still trading with gains. Asian markets are also looking firm. Sensex is trading at 17,569, up 59 points from its previous close, and Nifty is at 5,257, up 23 points. Source : IRIS 09:46 AM Thursday , 14 January The market opens on a reasonably strong note. Earlier, the ...
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