OlympicsMonday Jul 21
Indias Outsourcing industry moves cautiously
Two of Indias key software exporters, Wipro and Satyam Computer, posted better than expected first quarter results yesterday, but gave cautious outlooks amid uncertain US economic conditions.
The results come a week after the countrys top two software firms, TCS and Infosys, also reported net profit jumps for the first quarter. However, the countrys software companies announced cautious full year revenue forecasts this week, with several US based clients in the midst of a tough business cycle. ...
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