Business Standard

Thursday, December 19, 2024 | 06:24 PM ISTEN Hindi

Notification Icon
userprofile IconSearch
Who is Rakesh Jhunjhunwala?

Rakesh Jhunjhunwala

About Rakesh Jhunjhunwala

Who is Rakesh Jhunjhunwala?

Rakesh Jhunjhunwala was an investor with a Midas touch. He died on August 14, 2022, in Mumbai at the age of 62. Jhunjhunwala was often referred to as India’s own Warren Buffet. He was a trader and also a chartered accountant. According to Forbes' Rich List, Jhunjhunwala was ranked the 36th richest man in the country. He was the chairman of Hungama Media and Aptech and was on the board of directors of firms such as - Viceroy Hotels, Concord Biotech, Provogue India and Geojit Financial Services.


...
Read More

Latest Updates on Rakesh Jhunjhunwala

Year in review: From Lata to Queen Elizabeth, icons the world lost in 2022

Take a look at some famous faces that will no longer be with us at the end of 2022

Image
Updated On : 07 Sep 2023 | 5:22 PM IST

Jhunjhunwala's firm Rare in talks with Barclays to prepay Rs 500 crore loan

The loan was used to fund the acquisition of Zydus Cadila's animal healthcare business in 2021

Image
Updated On : 10 Oct 2022 | 3:18 PM IST

Rakesh Jhunjhunwala: A perspective

In fact, Rakesh's achievement was greater than that of Mr Simons, a mathematical genius who has a team of super-bright mathematicians and physicists to develop quantitative techniques

Image
Updated On : 29 Aug 2022 | 7:25 AM IST

Jhunjhunwala left a will, to bequeath Rs 50k-cr fortune to family: Report

The ace investor's long time legal associate Berjis Desai is reportedly the main executor of the will

Image
Updated On : 24 Aug 2022 | 10:53 PM IST

A tribute to Rakesh Jhunjhunwala: His bullishness will be seen as prescient

Everything Rakesh foresaw for India will happen in the coming years

Image
Updated On : 22 Aug 2022 | 10:49 PM IST

Gurudakshina? DMart's Damani likely to manage Jhunjhunwala's trust

Trust in guru's name: Damani could manage Big Bull's estate

Image
Updated On : 23 Aug 2022 | 12:56 AM IST
Updated On : 22 Aug 2022 | 5:43 PM IST

Radhakishan Damani to be the main trustee of Jhunjhunwala's investments

Rakesh Jhunjhunwala, who passed away on August 14, is said to have 'meticulously' planned everything about his wealth as he had been sick for over 8 months

Image
Updated On : 22 Aug 2022 | 4:48 PM IST

Before his death, Jhunjhunwala & family became Akasa's biggest shareholders

Three trusts named after his twin sons and daughter now hold 27% stake in firm; combined family holding at 46%

Image
Updated On : 22 Aug 2022 | 9:24 PM IST

Anand Mahindra shares post about Jhunjhunwala's 'most valuable' advice

Billionaire businessman Anand Mahindra on Sunday shared a motivational post remembering "advice" from the late Rakesh Jhunjhunwala

Image
Updated On : 22 Aug 2022 | 1:04 AM IST

The man who made more money on the stock market than almost anyone else

A family man, a confident investor, someone who was sure two decades ago that India and its stock market were going to boom. T N Ninan recalls his chats with Rakesh Jhunjhunwala

Image
Updated On : 19 Aug 2022 | 10:31 PM IST

Akasa Air has strong financials to place order for more planes: CEO

The Jhunjhunwala family holds stakes in the airline through three discretionary trusts

Image
Updated On : 18 Aug 2022 | 12:55 AM IST

Top headlines:Airtel makes Rs 8k-cr spectrum payment; ECLGS corpus enhanced

New entrant Akasa Air is financially strong enough to place an aircraft order in the 18 next months that will be significantly larger than its first, its founder and CEO Vinay Dube said on Wednesday

Image
Updated On : 17 Aug 2022 | 5:31 PM IST

Akasa Air is well-capitalised, to add one aircraft every two weeks: CEO

Vinay Dube said the airline was well-capitalised to induct 72 aircraft over next 5 years, while mourning the death of Akasa's top backer and ace investor Rakesh Jhunjhunwala who passed away on Sunday

Image
Updated On : 17 Aug 2022 | 5:29 PM IST

Singer India zooms 43% after promoter offloads 22% stake via block deals

Rare Investments, the investment arm of late Rakesh Jhunjhunwala acquired 4.25 million equity shares or 7.91 per cent stake in Singer India on Tuesday, showed block deal data

Image
Updated On : 18 Aug 2022 | 12:47 AM IST

Sensex surges 418 pts, ends above 60K; Bajaj twins, RIL top contributors

CLOSING BELL: Bajaj Finserv (up nearly 6 per cent), Bajaj Finance, HDFC Life, Hero MotoCorp, Hindalco, Tech M, Bharti Airtel, BPCL, and HCL Tech were the top large-cap gainers

Image
Updated On : 17 Aug 2022 | 3:34 PM IST

Volume IconTMS Ep239: PSU hiring, freebies, Jhunjhunwala-owned stocks, ADR vs GDR

Why are top public sector units not hiring? Should India regulate freebies? Should you buy, sell or hold Rakesh Jhunjhunwala-owned stocks? What is the difference between ADR and GDR? Answers here

Image
Updated On : 17 Aug 2022 | 8:00 AM IST

Volume IconShould you buy, sell, hold Rakesh Jhunjhunwala-owned stocks?

It was a mixed session for the stocks owned by ace investor Rakesh Jhunjhunwala, who passed away on Sunday. With his insights no longer guiding investors, is it time for you to exit these stocks?

Image
Updated On : 17 Aug 2022 | 7:00 AM IST

Shares of cos having Rakesh Jhunjhunwala's investments settle on mixed note

Among the firms in his portfolio, Aptech shares dipped 0.04 per cent to settle at Rs 232.65 on BSE after falling 5.92 per cent to Rs 218.95 during the day.

Image
Updated On : 16 Aug 2022 | 6:27 PM IST

Rakesh Jhunjhunwala's near $4-bn stock holdings in focus after death

Jhunjhunwala was among the most influential market voices in Asia's third-biggest economy, with an intense following among the nation's growing horde of retail investors.

Image
Updated On : 16 Aug 2022 | 3:59 PM IST