Page 3 - Latest Updates on Rakesh Jhunjhunwala
End of an Era: The 'Big Bull' Rakesh Jhunjhunwala passes away at 62
As of August, 2022, his net worth was $5.8 billion. He invested via his firm Rare Enterprises
 "End of an Era: The 'Big Bull' Rakesh Jhunjhunwala passes away at 62")
India at 75: From Ambanis to Bajaj - 20 doyens who shaped India's business
Each one of them has played a key role in the building of India, taking ideas and giving them wings. Here's a look at 20 leaders of India Inc who are inseparable from the idea of India
 "India at 75: From Ambanis to Bajaj - 20 doyens who shaped India's business")
Reliance Jio Prepaid Plan, Independence Day Offer: Free perks worth Rs 3000
Reliance Jio announced the Independence Day Prepaid Plan at Rs 2,999 per year, with benefits worth Rs 3,000. Read this article to know what to expect and how you can avail yourself of these benefits
 "Reliance Jio Prepaid Plan, Independence Day Offer: Free perks worth Rs 3000")
TMS Ep233: Akasa Air strategy, Delhi's excise policy, markets, belated ITR
Will Akasa's launch help bring down airfares? What went wrong with Delhi's new excise policy? Is it time to add Paytm, Nykaa, Zomato to your portfolio? What is belated ITR filing? All answers here
 "TMS Ep233: Akasa Air strategy, Delhi's excise policy, markets, belated ITR")
Will India's newest airline Akasa's launch help bring down airfares?
Akasa Air took off from the runways of Mumbai airport on Sunday, hotting up competition in the Indian sky. What strategy is Rakesh Jhunjhunwala-backed budget carrier adopting to stay afloat?
 "Will India's newest airline Akasa's launch help bring down airfares?")
New dawn for aviation: The Akasa Air experience as it takes to the skies
Founder-CEO Vinay Dube thanked all passengers and took their feedback as they deplaned on arrival in Mumbai
Akasa looks to undercut IndiGo as battle for cheapest airfares heats up
A week ahead of its maiden flight, airline is offering 10% lower fares on Mumbai-Ahmedabad route
 "Akasa looks to undercut IndiGo as battle for cheapest airfares heats up")
This Rekha Jhunjhunwala-owned stock hits all-time high, zooms 15%
Metro Brands reported a consolidated net profit of Rs 105.78 crore, while revenue grew 3.5-fold in the June 2022 quarter.
 "This Rekha Jhunjhunwala-owned stock hits all-time high, zooms 15%")
Jhunjhunwala-backed Akasa Air to start Bengaluru-Mumbai flights from Aug 19
The new carrier will launch commercial flight operations on Aug 7 by running its first service on the Mumbai-Ahmedabad route. On Aug 13, the airline will start operations on the Bengaluru-Kochi route
Jhunjhunwala's Akasa Air to take off from August 7; air ticket sales begin
The airline has secured two parking bays at Delhi airport and flights from Delhi are imminent, a source said
This private sector bank from Jhunjhunwala's portfolio is up 29% in 1-month
Shares of Federal Bank hit a three-year high at Rs 109.40, and have gained 12 per cent in the last four trading sessions on the back of healthy Q1 performance.
 "This private sector bank from Jhunjhunwala's portfolio is up 29% in 1-month")
Akasa Air gets Air Operator Certificate; to start services this month
According to the airline, it will commence commercial operations later this month with two aircraft and subsequently add planes to its fleet every month
Rakesh Jhunjhunwala-backed Akasa Air unveils first look of its crew uniform
Akasa Air on Monday unveiled the first look of its crew uniform as the startup carrier prepares for take-off in the coming weeks.
 "Rakesh Jhunjhunwala-backed Akasa Air unveils first look of its crew uniform")
Delta Corp cracks 9%, stock nears 52-week low amid taxation uncertainty
The GST Council has decided to refer the report of the Group of Ministers on casinos, online gaming and horse racing back to the panel of ministers for further deliberation.
 "Delta Corp cracks 9%, stock nears 52-week low amid taxation uncertainty")
This Rakesh Jhunjhunwala-owned stock slipped 31% in 12 trading days
Star Health quoted lower for 12th straight trading day and has slipped 31 per cent to Rs 488.5 from Rs 703.35 that it had touched on June 14, 2022
 "This Rakesh Jhunjhunwala-owned stock slipped 31% in 12 trading days")
Akasa plans test flight next week; expects commercial start by late-July
Akasa, backed by billionaire Rakesh Jhunjhunwala, will likely receive its air operator's certificate within days of the proving flight
 "Akasa plans test flight next week; expects commercial start by late-July")
This Rakesh Jhunjhunwala stock turns ex-date for 1:1 bonus issue; soars 19%
However, in the past six months, the stock has tanked 46 per cent as against an 8 per cent fall in the S&P BSE Sensex.
 "This Rakesh Jhunjhunwala stock turns ex-date for 1:1 bonus issue; soars 19%")
Delta Corp tanks 10% as Rakesh Jhunjhunwala sells additional 5.7 mn shares
Post transactions, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala's holding in Delta Corp has declined to 1.2 per cent or 3.25 million shares from 3.36 per cent as on June 14, 2022.
 "Delta Corp tanks 10% as Rakesh Jhunjhunwala sells additional 5.7 mn shares")
Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming
DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr
 "Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming")
Jhunjhunwalas lost nearly Rs 3,500 cr in this Tata Group stock in 3 months
Titan Company has slipped 7 per cent to Rs 1,925 in intra-day trade on Friday and has shed 29 per cent in the past three months.
 "Jhunjhunwalas lost nearly Rs 3,500 cr in this Tata Group stock in 3 months")
