India’s 70-billion outsourcing industry gets affected when in US, Infosys was asked by the district attorney in Texas on Tuesday to clarify on allegations of visa misuse by one of its employee Jack Palmer. After this announcement, its shares were trading at 1.30 per cent lower at Rs 2,808 on the Bombay Stock Exchange. Through trading shares reach an intraday high of 2,825 and a low of 2,803.
A separate investigation has been launched by the district attorney on the use of B1 visas based on an ongoing case filed by Palmer in a district court in Alabama.



