How Cognizant's Rajesh Nambiar sees demand going up, attrition coming down

If our clients are seeing some headwind that will eventually have impact: Cognizant India's Rajesh Nambiar

Nasdaq-listed Cognizant has disappointed the street by lowering its revenue guidance for the full year and reporting a decline in bookings. Attrition is back at its peak. The management said on the earnings call the guidance was being lowered owing to supply-demand imbalances, attrition, and softer than expected hiring. Rajesh Nambiar, executive vice-president, chairman, and managing director, Cognizant India, in an interview with Shivani Shinde, talks about the quarter gone by and how he sees demand going up and attrition coming down. Edited excerpts …

Infosys has upped its guidance and you have lowered it. Is this a client issue? What