Interesting question on an online forum, and the response from our Editor:
Sure you can. If the employer finds your skill and experience valuable, marketable, they will agree.
However, keep in mind there is no grantee that an H1B application by your *new* employer will eventually be approved by USCIS or the Visa Officers.
Check out: Know the difference between NRE and NRO account
NRO accounts require a periodic ?Know Your Customer? (KYC) compliance. If your account is KYC compliant, you should be able to deposit 2.5 lakhs. Talk to your branch manager if s/he will accept other forms of ID like your Passport or Aadhar in lieu of a PAN card
You should be able to continue to stay in India if you entered the country with a valid Passport and OCI.
However, keep in mind you will need to renew your (foreign) Passport before any travel out of India.