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India's MindTree says FY10 sales growth 'challenging'

Wed Nov 19, 2008 11:30am IST
 
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BANGALORE, Nov 19 (Reuters) - India's MindTree Ltd (MINT.BO: Quote, Profile, Research) expects revenue growth in 2009/10 to be "challenging," in view of the global economic meltdown, its chief exceutive officer said on Wednesday.

MindTree offers software and research and development services.

"We see lot more caution in the market. Decisions are getting postponed," N. Krishnakumar, told reporters on the sidelines of a conference.

However, he refused to comment if the company would revise or meet its revenue guidance for the year to March 2009. (Reporting by Sumeet Chatterjee; editing by Sunil Nair)

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