Infosys says sees FY10 prices dropping by 5 pct

BANGALORE | Fri Jul 10, 2009 12:58am EDT

BANGALORE (Reuters) - Infosys Technologies Ltd (INFY.BO) expects prices in the fiscal year to March 2010 to drop by 5 percent as its overseas clients battle slowing economy, senior officials said on Friday.

"Pricing environment continues to be challenging. There are ongoing negotiations with clients," Chief Operating Officer S.D. Shibulal said.

(Reporting by Sumeet Chatterjee; Editing by Ranjit Gangadharan)

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