‘H-1B impact on remittances to be under $5bn’

MUMBAI: The impact of restrictions on H-1B visas by the United States on remittances by overseas Indians would be within $5bn, according to a Barclays research report. The report also said that the rising trend of global capability centers (GCCs), which includes many US-headquartered firms, is here to stay and would strengthen further amid this…

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Mega issue: Tata Cap IPO to open Oct 6

MUMBAI: Tata Capital will open its initial public offering (IPO) on Oct 6, according to a stock exchange filing on Friday. The three-day issue will close on Oct 8, with the anchor investor bidding scheduled for Oct 3. Although the issue pricing has not been announced, it is expected to be the largest IPO in…

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