India's Infosys narrows annual revenue growth forecast

Core Viewpoint - Infosys, India's second-largest software services exporter, has revised its revenue growth forecast for the year to 2%-3% from the previous estimate of 1%-3%, reflecting the impact of slowing demand in a challenging macroeconomic environment [1] Group 1 - The company has narrowed its revenue growth forecast, indicating a more cautious outlook amid current market conditions [1] - The adjustment in forecast suggests that the demand for software services is weakening, which could affect overall industry performance [1] - Infosys is responding to external economic pressures that are influencing client spending and project timelines [1]