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Brokerages expect earnings to slowdown in FY'09

PUBLISHED ON: May 5, 2008 | Duration: 2 min, 08 sec

  
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Berkshire Hathaway Chairman Warren Buffett has made it clear: US economy has moved into recession. Analysts sees this as a possible indication that global slowdown can't be far behind.On this account brokerages expect India Inc's earnings to grow at 15-20 per cent over FY'08-10, which is sharply down from average 30 per cent growth rate that India Inc enjoyed between FY'02-08.
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