Financial Times FT.com

Wipro and Satyam warn on sales

By Amy Kazmin in New Delhi

Published: July 18 2008 19:28 | Last updated: July 18 2008 20:25

Wipro said it had become the latest computer service company to feel the pinch from cuts in information technology spending in slowing western economies.

Wipro, India’s third-largest IT outsourcer, and Satyam Computer Services, the country’s fourth-largest computer services group, warned of an uncertain sales outlook, as their main western clients grapple with a global economic slowdown.

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