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Business & Stocks Google News Business (Hindi) • Oct 09, 2026

US PERM Visa Crackdown Hits TCS, Infosys, and HCL: Full Impact Analysis on Indian IT Stocks, H-1B Visas, and Market Capitalization

💡 Key Takeaways

•US Department of Labor targets PERM program affecting Indian IT giants.
•TCS, Infosys, HCL, and Wipro face green card sponsorship restrictions.
•Equities and market capitalizations experience downward pressure and investor sell-offs.

NEW DELHI [NCRBuzz Wire] — **United States federal regulatory restrictions on the Permanent Labor Certification Program (PERM) have severely impacted top-tier Indian IT service providers, triggering sharp equity corrections and corporate compliance reviews across the sector.** Major outsourcing giants including TATA CONSULTANCY SERVICES (TCS), INFOSYS, HCL TECHNOLOGIES, and WIPRO are facing renewed friction as American authorities scrutinize foreign labor certifications and H-1B visa frameworks.

**Market capitalization shifts and investor sell-offs intensified across major exchanges as the Department of Labor actions raised operational concerns for Indian IT firms dependent on skilled foreign professionals.** COGNIZANT and other multinational technology firms also witnessed downward pressure on stock valuations following the policy tightening, which restricts employers from easily sponsoring permanent residency for foreign national employees.

### IT Sector PERM & Visa Impact Metrics

| Metric / Aspect | Details |

|---|---|

| Affected Companies | TCS, Infosys, HCL Technologies, Wipro, Cognizant |

| Regulatory Body | US Department of Labor / US Citizenship and Immigration Services |

| Core Policy Impact | Permanent Labor Certification Program (PERM) Restrictions |

| Visa Categories Involved | H-1B, PERM Green Card Sponsorship |

**Industry analysts emphasize that while the immediate market reaction reflects heightened regulatory anxiety, long-term operational resilience depends on localized hiring models in North America.** Corporate compliance teams across Bangalore, Hyderabad, and Mumbai are evaluating alternative deployment strategies to mitigate potential revenue impacts from tightening US immigration mandates.

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🏛️ Background Context

United States immigration policies concerning H-1B work visas and permanent residency certifications have historically undergone cyclical tightening based on domestic labor market conditions and federal administrative mandates.

💡 Citizen & Commuter Quick Explainer (FAQ)

Q1: Which Indian IT companies are impacted by the US PERM visa actions?

Major Indian IT service providers including TCS, Infosys, HCL Technologies, Wipro, and Cognizant are impacted by the regulatory tightening.

Q2: What is the primary regulatory change implemented by the United States?

The US Department of Labor introduced stricter review parameters and restrictions under the Permanent Labor Certification Program (PERM) affecting green card sponsorships.

Q3: How are Indian IT corporations responding to these US visa restrictions?

IT firms are reviewing their onshore-offshore delivery models and expanding local hiring in North America to reduce dependency on foreign worker visas.

Verified Wires: Google News Business (Hindi) Original Wire Dispatch ↗

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