Infosys to lower dependence on US deals

MUMBAI: Indian software services exporter Infosys Technologies Ltd is lowering its dependence on US customers through faster growth in other markets, but is not yet seeing a slowdown in US deals, its chief executive said on Wednesday.
S Gopalakrishnan also told reporters that while the business environment is more positive in Europe than the United States, US clients were saying they would increase their offshoring budgets if the US economy slowed down. And India's second-largest software services exporter could raise billing rates by 3 to 4 per cent for new contracts and 2 to 3 per cent for existing contracts, he said.

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