Friday, July 10, 2009

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Infy results to provide cue to demand in US, UK

The results of Indian information technology firms, predict analysts, will reflect the continued pressure on their revenue and earnings growth for the first quarter ended June 30, 2009.

Infosys Technologies — which declares its much-awaited results on July 10 — should provide a cue to the client demand environment in the US and UK (which account for over 80 per cent of its revenue).

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