Yes, that’s right. Otherwise, on a like to like basis we have seen a marginal improvement.

Harshad Deshpande – Ambit Capital

Okay and when in next couple of quarters are we expecting contracts for renewal and what percentage probably would come back?

Ramalinga Raju

I mean, while we would not able to give any specific numbers here but the guidance we are giving is that looking at the information and data points that we have at this point in time, it is reasonable to assume that prices will be stable for the next two quarters at least.

V. Srinivas

Also, just to pointing out that, contracts come up for renewal throughout the year, there is no one or two quarters where our contracts come up for renewal.

Harshad Deshpande – Ambit Capital

Okay, so not specifically in one quarter the majority of contracts come for renewal?

Ramalinga Raju

No, no there is no such thing.

Harshad Deshpande – Ambit Capital

Okay, just update on our CapEx plans. Is there any downward revision in the CapEx plans for the year?

Ramalinga Raju

No, no we believe that once we have the CapEx plan of roughly $100 to $120 million, so we are continuing with that.

Harshad Deshpande – Ambit Capital

Okay thanks sir, all the best.

Ramalinga Raju

Thank you.

Operator