Infosys CEO: client sentiment less positive in Europe

BANGALORE, Oct 26 (BestGrowthStock) – Infosys Technologies
(INFY.BO: ) is seeing less positive sentiment for technology
spending among its clients in Europe, the chief executive of
India’s No. 2 software services exporter said on Tuesday.

“Client confidence was already lower in Europe than the
U.S.,” Kris Gopalakrishnan told reporters on the sidelines of
an industry meeting. “Europe has been slower in recovery.”

He said the global IT budget for 2011 would be flat to
slightly positive.
(Reporting by Bharghavi Nagaraju)

Infosys CEO: client sentiment less positive in Europe