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
Take a look at some famous faces that will no longer be with us at the end of 2022
The loan was used to fund the acquisition of Zydus Cadila's animal healthcare business in 2021
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
The ace investor's long time legal associate Berjis Desai is reportedly the main executor of the will
Everything Rakesh foresaw for India will happen in the coming years
Trust in guru's name: Damani could manage Big Bull's estate
Business Standard brings you top news of the day
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
Three trusts named after his twin sons and daughter now hold 27% stake in firm; combined family holding at 46%
Billionaire businessman Anand Mahindra on Sunday shared a motivational post remembering "advice" from the late Rakesh Jhunjhunwala
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
The Jhunjhunwala family holds stakes in the airline through three discretionary trusts
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
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
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
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
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
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?
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.
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.