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Infosys says sees FY10 prices dropping by 5 pct

Fri Jul 10, 2009 12:57am EDT

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BANGALORE, July 10 (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.

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"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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