Corporate earnings grew in double digits during the April-June 2022 (Q1FY23) quarter but the momentum waned. Overall corporate earnings in the quarter were down sharply from their highs in FY22. On the other hand, Rakesh Jhunjhunwala, who died aged 62 on Sunday, was wary of providing investment ideas despite being constantly badgered for them, but once said he was unable to refuse a woman when she persisted. Read more on these in our top headlines.
India Inc's profits fall off record high in April-June quarter
Corporate earnings grew in double digits during the April-June 2022 (Q1FY23) quarter but the momentum