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Wednesday, July 18, 2018

Infy sees no fallout from fraud at Satyam

Infosys said it was not seeing any fallout of the accounting fraud at rival Satyam Computer.

Written by Reuters | Bangalore | Published: January 13, 2009 10:37:06 am

Infosys Technologies said on Tuesday it was not seeing any fallout of the accounting fraud at rival Satyam Computer Services,but the overall business environment remained challenging due to the global downturn.

Infosys also listed on Nasdaq,is not seeing any outsourcing project cancellations,but clients are taking a longer time in the decision making process,Chief Operating Officer S D Shibulal said.

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