Indian outsourcing giant Infosys reported a 4.7% drop in Q4 sales but that was better than expected and the company gave an upbeat outlook for 2010.
“The global economic recovery seems to be led by the US and the Financial Services. Even though IT budgets are expected to be flat in 2010, offshore outsourcing is expected to benefit from this recovery.”
Lead by the U.S.? I don’t buy it. Not one bit.
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