The Indian technology outsourcing company will pay a record amount to settle claims that it committed visa fraud and abuse. The big bucks involved should help spotlight immigration visa issues that many U.S. companies face.
By Tom Brennan, September 23, 2013 :: India
Lawyers have seen growth slow dramatically in the once red-hot Indian market, with uncertain hopes now pinned on the outcome of the national elections next year.
UltraTech Cement is buying the Gujarat unit of rival Jaypee Cement.
S. R. Patnaik was formerly a tax partner with Luthra & Luthra in Delhi.
Sachin Mandlik, formerly an independent practitioner, specializes in litigation and arbitration proceedings involving corporate and constitutional law.
The Indian state-owned oil company is paying $2.64 billion for a stake in an offshore gas field.
The shifting market, a series of departures and leadership changes—in the U.S. as well as Asia—have raised questions about the firm's Asia strategy. But chairman Bradley Butwin insists that O'Melveny's commitment to Asia is as strong as it ever was.