American Depositary Receipts of Infosys and Wipro faced a decline. This followed the Trump administration’s plan. The plan proposed a $100,000 annual fee for each H-1B visa. The policy could significantly impact companies. These companies rely on foreign skilled workers. The proposed fee is part of a broader immigration overhaul.
Pristine Logistics confidentially files IPO docs with Sebi
Pristine Logistics and Infraprojects has confidentially filed its DRHP with Sebi for an IPO. The rail-focused multimodal logistics company is expanding terminals, warehousing and cargo