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'This (slowdown) is perhaps one of the worst times'

April 14, 2009

Your Q1 guidance paints a gloomy picture.

The amount of uncertainty is unprecedented. This is perhaps one of the worst times we have seen in our lifetime.

However, under the given conditions, we performed quite well last financial year.

Are there any signs of recovery?

The data are unclear. Our clients still believe there will be decline in spending and in IT budgets.

To say the recovery has started, I need to get the signals. Today, the signals are only coming from analysts and economists, not from our clients.

Image: The Infosys campus in Bangalore. | Photograph: Rediff Archives

Also read: Your financial strategy for today

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