INTERVIEW-India's Tata Consultancy sees project delays

SINGAPORE, Sept 9 (Reuters) - Tata Consultancy Services Ltd (TCS.BO: Quote, Profile, Research), India's top software exporter, said it had seen some delays from clients, but no cancellations despite a weakening macro-economic backdrop.

"We have seen a longer process in decision-making as well as some project delays, but no cancellations. Our short-term business outlook is one of cautious optimism," Chief Executive S. Ramadorai told Reuters in an interview on Tuesday on the sidelines of the Forbes Global CEO conference in Singapore.

"The overall pricing environment is stable and likely to remain so, as the demand environment in areas other than financial services is still there."

The company, which provides services such as consulting, system integration and back-office outsourcing, narrowly missed forecasts when it reported in July a 5 percent rise in quarterly profit to 12.44 billion rupees ($289 million).

Tata Consultancy, part of the Tata Group which has interests in cars, commodities and services, has clients that include General Electric (GE.N: Quote, Profile, Research), Lloyds TSB Group (LLOY.L: Quote, Profile, Research), French insurer AXA SA (AXAF.PA: Quote, Profile, Research) and Qantas Airways (QAN.AX: Quote, Profile, Research). (Reporting by Jennifer Tan, editing by Neil Chatterjee) (jennifer.tan@thomsonreuters.com; +65-6403 5660; Reuters Messaging: jennifer.tan.reuters.com@reuters.net)