Infosys sees tech spending recovering in mid 2010

Fri Jul 10, 2009 2:01am EDT
 
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BANGALORE, July 10 (Reuters) - India's Infosys Technologies Ltd (INFY.BO) expects information technology spending to recover in 2010 on a possible revival of the global economy, a senior official said on Friday. Chief Operating Officer S.D. Shibulal also said the software services exporter's revision of its 2009/10 revenue forecast in dollar terms was due to cross-currency movements, (Reporting by Sumeet Chatterjee; Editing by John Mair)

 

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