Infosys Technologies (INFY)

Trip Chowdry - FTN Midwest Securities - Analyst

Thank you for taking my call. Mohan, I had a question regarding Sarbanes Oxley. I think you know you have been very creative in the past, and I was thinking can you turn it around and make it as an opportunity, because there are so many consulting companies who are budding like mushroom in U.S. who are trying to be like a practice leader in implementing Sarbanes Oxley. And look at some of the system management companies, for example Computer Associates and also to some extent, Oracle with PeopleSoft, are getting increased traction because of compliance driven technology implementations. I was thinking maybe any thoughts on that end?

Mohandas Pai

We do have a practice on Sarbanes Oxley. We’ve done some Sarbanes Oxley work in China too for instance. We’ve done some work, both consulting and system work in the U.S., we’ve done some enterprise solution works on Oracle and Enterprise Systems in Europe and the Continent. And we have done that, and we’ve also done some anti money laundering projects in the United States, and we have been quite successful. The key thing is the scale. And part of the work is coming to some consultants, who obviously are strategy consultants who give consultancy which is apart from IT based work.

It is not a very significant business for us. We have been there. But what you say is right. We do think that after this is put behind everybody, people will focus back into the business and we shall see a nice turn up.