Confident of meeting guidance for this year: Infosys CEO & MD Salil Parekh

Around 70 per cent of the deals won in this quarter were renewals, while the remaining were new contracts, says Parekh

Even as its net profit and margins were hit on account of a one-time impairment provision and higher tax outgo, the Infosys management on Friday exuded confidence of closing the financial year on a much stronger note. CEO and MD Salil Parekh, in an interview to Debasis Mohapatra and Yuvraj Malik, said the near-term visibility into the deal flow is quite robust, though the firm has a long way to go. Edited excerpts:

Infosys seems to be much more confident today than a year ago going by the revised guidance. Can you give some colour on the large order wins in