Will meet lower end of revenue guidance: Infosys
With Infosys receiving more than 60 per cent revenue from US, the company's MD, SD Shibulal, is concerned about the slowdown in the US corporate decision-making process. He says there is a serious lack of confidence with large investments being reviewed. Hence, despite a 20 per cent slump in the rupee value, he believes that the company would only achieve lower-end of the revenue growth guidance.
