India freaks out over U.S. plans to change high-skilled visas

Amid the hue and cry over President Trump’s travel ban, news of another potential change to American immigration rules has set off a panic attack in India’s tech industry.
Major Indian tech shares took a nosedive on Tuesday on reports that Trump is planning to make changes to the H-1B visa program that allows skilled foreigners to work in the U.S.
Shares in Tata Consultancy Services (TCS), India’s biggest private sector employer, plunged more than 5% on Mumbai’s stock exchange, while other top firms like Infosys (INFY) and Wipro (WIT) fell by more than 4%…