MUMBAI, INDIA: Infosys Technologies, India's No. 2 software services exporter, sees some weakness in demand from its telecoms clients in the next two quarters, a top executive said on Friday.
"We are not seeing any big reversal in any sector. However, we are seeing softness in the telco sector for the next two quarters," B.G. Srinivas, senior vice president and an executive council member at Infosys, told Reuters Trading India chatroom.
Infosys, which kicked off results for India's showpiece outsourcing industry, raised its annual revenue forecast after it topped market estimates with a 13 per cent rise in quarterly profit on rising outsourcing demand.