Deutsche Bank Comments On Meeting With Genpact SVP

In a report published by Deutsche Bank, it met with Genpact G SVP Shantanu Ghosh.

Deutsche Bank said that it believes his views offer unique insight into the project delays Genpact experienced in late 2010. “After ending 2010 up 16% YoY, the pipeline trajectory continues to move in the right direction. Although few details were provided, management did note that the qualified pipeline continues to improve, driven primarily by deeper penetration in existing accounts across a broad set of vertical industries. Perhaps more importantly, mgmt noted that sales cycles have improved over the last three months for the first time in 18 months.”

Genpact closed yesterday at $13.53.