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Immigration attorneys said clients were filing applications for candidates selected by random lottery last month. The H1-B work permit, initially for three years, is granted only if the US Citizenship and Immigration Services (USCIS) approves the application.

The company is planning to hire 1000 employees by the end of June across markets. Companies such as Infosys, Wipro, TCS, WNS and others have delayed pay hikes and put promotions on hold as they see uncertainty over business growth in the wake of the coronavirus outbreak across key markets. CSS Corp has also paid 100% of variable salary to the majority of its employees.

"The importance of hybrid cloud and AI has accelerated. What has changed is the pace at which they're being adopted. Transformation journeys (of) last few years are now being compacted into months...They're looking for long lasting answers on what they can do with technology to address the key issues that COVID-19 has brought to light," he said.

In this environment, the delivery of platform-enabled solutions at speed across the entire technology stack becomes even more important, it said. From cloud to networking, data centre to security and more, breadth and depth of capability are essential to recover and restore operations and position organisations strongly for the coming years.

Traditional services also have some very strong propositions, like digital workplace, engineering services. Some of the demand for that is intact and it is only getting accelerated.

While short-term projects are getting stalled, the managed services segment, which fetches significant revenue for service providers, has still not been impacted by the outbreak.

PeopleLink is the first, Indian Video Conference Company to disrupt the market by its approach of offering Secure, custom video applications for each Industr...

Prices of TVs, ACs and some phones are set to go up as manufacturers grapple with component shortages.

"By March 2020, TV prices will be increased by 10 per cent due to the current Coronavirus crisis of China, there is a major shortage of raw materials along with a sharp 20 per cent increase in open cell panel prices," Avneet Singh Marwah, CEO of SPPL said.

While presenting the budget, Finance Minister Nirmala Sitharaman had proposed to hike the basic customs duty to 12.5 per cent from 10 per cent on compressor of refrigerator and air conditioner. In a residential AC, compressor and motor, which account for around 30 per cent of the price are imported, while sheet metal, coils and other are sourced locally.

China supplies several components for air conditioners made in India. Shortage of these components could affect AC production in India. "We are well stocked till the first week of April. But unless the supply from China is restored in the next couple of weeks, we could face a challenge in the production front after that," said C P Mukundan Menon of Blue Star.

Appliances and consumer electronics makers are using social media platforms and other online tools to reach their customers, who are facing problems with products amid the lockdown.

Production cuts will be most in premium portfolio as consumers curb discretionary spending.

The company has cut prices anywhere from Rs 2,000 on the smaller screen televisions going up to Rs two lakh on a flagship 85-inch model apart from rolling out long tenure no-cost EMI schemes and bundling offers. It has launched a new 85-inch model at Rs 5.9 lakh bringing down its earlier pricing structure of Rs 10 lakh in this screen size.

With just 73 confirmed cases of the virus and no deaths, India, a country of 1.3 billion people, has so far fared better than elsewhere in Asia, Europe and North America. But experts say India's already overstretched medical system would struggle to deal with a major rise in serious cases.

Tour operators estimate January-March quarter earnings could fall by more than 60 per cent.

The association also demanded six to nine months' moratorium on all principal and interest payments on loans and overdrafts, besides deferment of GST and advance tax payments. They also asked the minister for removal of fees for any upcoming licenses, permits renewal, excise exemption for liquor for the hospitality and travel industry across the country.

"We are closely working with all our airline and hotel partners on lenient customer policies for date change, cancellations and waivers in the face of evolving travel trends and are seamlessly passing the waiver benefits to our customers, as applicable," MakeMyTrip said in the letter.

IATO said it seeks a financial bailout package to defray the salaries of the employees and operational cost of offices based on the turnover of the company in last financial year. IATO also that said it also seeks a 9 to 12 months deferment (without any interest) on all principle and interest payments on bank loans.