See demand murkier than during Q2 end: Satyam

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See demand murkier than during Q2 end: Satyam

Satyam said the current demand environment is murkier than what it was at the end of second quarter, reports CNBC-TV18. The company said its cross currency moves till date is in line with guidance.

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Satyam said the current demand environment is murkier than what it was at the end of second quarter, reports CNBC-TV18.

The company said its cross currency moves till date is in line with guidance.  

Banking, financial services and insurance, or BFSI, remains turbulent, it said. "We have not heard any negative comments."

Satyam has a fairly strong presence in auto space with an exposure of about 5-6% of revenues. "We hope that auto companies' plans for survival will translate into more IT business."