Smart. And then last thing is with regards to the pricing environment. We had this description also in the press release but you had in your comments Srinivas some contemplation of the difference between a constant currency pricing environment relative to the as reported number. It appears from the calculation that the pricing environment is declining. Could you revisit what you said with regard to the currency impact in the pricing calculation? Thank you very much.

V. Srinivas

Yeah. Sure. One point worth mentioning is because of this cross currency especially the Australian dollars rupee is appreciating against Australian dollar. So, whatever we earn in Australian dollar, when we report in the US dollar, it will show as if the prices have come off. So, for a while if we ignore that then on like to like basis, we have seen an improvement in the pricing. So that is what I was mentioning. It is basically because of the cross currency.

Operator

Mr. Friedman do you have any further questions?

James Friedman – Susquehanna

No, that was very helpful. Thank you, Srinivas.

V. Srinivas

Thank you.

Operator

Thank you, Mr. Friedman. The next question is from the line of Mr. Surendra Goyal from Citigroup, please go ahead.

Surendra Goyal – Citigroup

Hi, good evening, just one question for Srinivas. Do you have any guidance or estimate on the free cash flow you are likely to generate in FY09? Thanks.

V. Srinivas

Not really. I think we basically give guidance on our EPS and on the top line and we closely keep track of free cash flow but we will basically not be able to give any guidance on that.

Surendra Goyal – Citigroup

Okay. Thanks.

Operaor

Thank you, Mr. Goyal. The next question is from the line of Mr. Shekhar Singh from Goldman Sachs, please go ahead.

Shekhar Singh – Goldman Sachs