Our financial solutions and technology businesses delivered yet another quarter of double digit growth. Similarly, services such as testing, technology infrastructure management and enterprise application services grew ahead of the overall growth rate.

The results for the third quarter (October-December) signal the next phase of growth. Revenue from IT business at $473 million (Rs.21.2 billion) was ahead of the guidance figure of $463 million (Rs.20.6 billion) projected in October.

Though delivery of superior solutions to our customers and creating sustainable value to the shareholders remain unchanged, we are devising strategies in anticipation of challenges and opportunities to focus on execution for higher operating productivity.

For us Japan is a much higher priority. We find there are challenges in China -- the stability of people, intellectual property, uncertain cash flows. They are hard-working people but they don't have democracy. When they have a transition to democracy there are going to be huge challenges.

My company believes in hiring people based on merit.

Our clients are under a lot of pressure to get new products faster into the market. Their core employment isn't adequate for it, so they're looking for partners who can do it for them.