US Labor Secretary Keith Sonderling says the government will neither accept new nor process pending PERM applications involving TCS, Infosys, Wipro, HCL, Cognizant and Capgemini. This concerns employment-based green cards, not a blanket H-1B ban.
The US action against TCS, Infosys, Wipro, HCL, Cognizant and others is not a blanket H-1B ban. It pauses their new and pending PERM green card applications. Indians considering a return should plan RNOR status, foreign income, RSUs and US assets early.
Nasscom says Indian technology companies have reduced their reliance on H-1B visas and relatively few employees seek green cards through PERM. The business impact may be limited, but affected Indian professionals still need to review their options.