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.

"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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