IT Inc says no worry

TCS said that it has a small operation in Dubai and the exposure is minimal, Infosys, said it does not have any material exposure to Dubai.

Infosys Chief Financial Officer V Balakrishnan told PTI that the company gets less than 0.5 per cent revenue from Dubai and most of its contracts are from the private sector.
Wipro Technologies said it is watching the developments but really does not see any impact on its revenue.

Dubai World, the epicentre of the emerging crisis, is a wholly-owned Government venture and as per rules any work in such projects can be undertaken only by the local firms, a senior Wipro official said. Wipro takes a lot of application development work in Dubai and the Middle East regions and it does not see any impact of the crisis.

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