Profit

Will meet lower end of revenue guidance: Infosys

PUBLISHED ON: November 25, 2011 | Duration: 21 min, 53 sec

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With Infosys receiving more than 60 per cent revenue from US, the company's MD, SD Shibulal, is concerned about the slowdown in the US corporate decision-making process. He says there is a serious lack of confidence with large investments being reviewed. Hence, despite a 20 per cent slump in the rupee value, he believes that the company would only achieve lower-end of the revenue growth guidance.
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