Satyam Computers services today said it is worried about the impending slowdown in the US, however it has factored it in when issued the guidance last month for this year.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>So, there is no change in guidance based on the impending slowdown.</P>
</p><p class='TableClas'>"The US market is worrisome. Any slowdown there would impact us directly. The banking and financial services industry have been impacted and it is in deterioration mode," Satyam Chief Financial Officer V Srinivas told reporters.</P>
</p><p class='TableClas'>"We are adopting a wait and watch approach towards the US market," he said.</P>
</p><p class='TableClas'>The banking and financial services industry contribute 24 per cent to the total Satyam revenues. <BR></P></p><p class='TableClas'></p></table>


US slowdown worries Satyam

More From This Section

Posco land acquisition resumes amid protests

Diageo to buy half of Mallya's South Africa beer biz

Average money spent for new players dips

'IndiGo did not comply with AAC guidelines'

Explore News