Set a lobby to stop a lobby

The ugly head of protectionism seems to be rising yet again in the United States where a group of senators — the Gang of Eight as they have been nicknamed — have introduced a bill in the Senate with provisions designed to make outsourcing expensive and cumbersome. The provisions of the bill will affect Indian IT companies such as Tata Consultancy Services, Infosys, Cognizant and Wipro, for all of whom the U.S. is the biggest market accounting for at least three-quarters of their respective businesses.

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