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Infy may cut dollar revenue guidance by 2%: IDFC

PUBLISHED ON: October 11, 2011 | Duration: 9 min, 56 sec

  
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IDFC Securities analyst Hitesh Shah, expects Infosys to cut their dollar revenue outlook by 2 per cent to 16-18 per cent from 18-20 per cent earlier. He adds that approximately 25 per cent of this comes from cross currency headwinds while 75 per cent is due to weaker demand environment.
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