ARVIND MILLS-Accent on Export

Fears of Corporate Downturn Belied Jairaj Kapadia CORPORATE results are belying fears of an adverse turn in the performance of companies. The results for the year 1990-91 were good. For 1991-92 as the companies have started declaring their results, they have turned out to be still more positive. And this not because the fears of an adverse turn were unfounded, but despite that. Which, it may be claimed with some justification, not only shows the resilience of the corporate sector, but, what is more important, demonstrates the business acumen of the managements of companies in the private sector.