Infosys: business sentiment has worsened
Infosys Ltd, the No.2 Indian software services exporter, has seen business sentiment worsen marginally since November as clients have tightened discretionary spending on technology, Chief Executive SD Shibulal told reporters.
Business sentiment worsened for the first time in two months in August as the positive impact of demand for rebuilding areas hit by the March 2011 earthquake and tsunami proved limited, a private-sector survey showed.