Tuesday, October 29, 2013

"The US government plans to punish Indian outsourcing giant Infosys with the largest immigration fine ever for seeking visas fraudulently for workers at big clients in America, the Wall Street Journal reported Tuesday. Infosys is accused of putting workers on visitor visas, which are much easier and cheaper to obtain than the correct work visas. The fine is expected to be about $35 million, the paper said, quoting people close to the matter."

The headline quote is from the opening two paragraphs of the brief report, here; which further states:

With the alleged practice, Infosys could undercut competitors in bids for programming, accounting and other work performed for clients, the Journal said.

Infosys is known as an outsourcing company that does India-based computing and other technology services for Western clients, who have included Goldman Sachs Group, Wal-Mart Stores Inc. and Cisco Systems Inc.

But it also features thousands of US-based employees who develop and install software for accounting, logistics and supply-chain management in the retailing, finance and manufacturing sectors, the Journal said.