Rakesh Jhunjhunwala, 'India's Warren Buffet', dies at 62 - Reuters India

Rakesh Jhunjhunwala, 'India's Warren Buffet', dies at 62 - Reuters India

Rakesh Jhunjhunwala, 'India's Warren Buffet', dies at 62 - Reuters India
Aug 14, 2022 56 secs

Rakesh Jhunjhunwala, Partner, Rare Enterprises, speaks during an interview with Reuters in Mumbai, India November 14, 2017.

MUMBAI, Aug 14 (Reuters) - Stock investor Rakesh Jhunjhunwala, dubbed "India's Warren Buffett" with an estimated net worth of $6 billion, died early on Sunday at age 62, his family said.

The promoter of India's newest airline, the ultra low-cost Akasa Air, Jhunjhunwala appeared days ago at its public launch.

Jhunjhunwala's excellent communication skills helped small investors understand the stock market, said businessmen and bankers based in India's financial capital, Mumbai, who had interacted with him for over 30 years.

"We are deeply saddened," Akasa Air, which Jhunjhunwala co-founded, said in a statement.

Uday Kotak, the chief executive of Kotak Mahindra and a friend from school days, said Jhunjhunwala had "believed stock India was undervalued" and that he was right.

Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.

1 Brittney Griner's appeal against her nine-year prison sentence will be held Oct. 25, Russian court says

Oct 03, 2022 # breaking 53 secs

2 ‘Galactic underworld’ of black holes discovered in Milky Way - Livescience.com

Oct 04, 2022 # science 1 min, 41 secs

3 Jupiter and Saturn will be visible in the night sky throughout October - Daily Mail

Oct 03, 2022 # politics 2 mins, 8 secs

4 Gum Disease Isn't Only a Problem For Your Mouth. Here's What to Know - ScienceAlert

Oct 03, 2022 # health 1 min, 3 secs

5 GameStop Pre-Orders Are A Mess Right Now, Staff Say - Kotaku

Sep 30, 2022 # technology 1 min, 8 secs

6 Miami Dolphins quarterback Tua Tagovailoa taken to hospital with head and neck injuries - ESPN

Sep 30, 2022 # politics 35 secs

7 Google Messages getting ability to react to SMS, as annoying as iMessage equivalent - 9to5Google

Sep 30, 2022 # technology 45 secs

8 Nuevas variantes inmunoevasoras del coronavirus podrían derivar en más olas de contagios: qué prevén expertos locales

Sep 30, 2022 # breaking 1 min, 19 secs

9 October 2022 security update rolling out to Galaxy S22 in Asia, Europe - SamMobile - Samsung news

Sep 30, 2022 # technology 56 secs

10 PlayStation studio chief Hermen Hulst says Sony won't abandon singleplayer - Axios

Oct 04, 2022 # technology 27 secs

11 Dow Jones Drops 200 Points On Hot Inflation Data; Tesla Stock Falls Before AI Day - Investor's Business Daily

Sep 30, 2022 # politics 1 min, 41 secs

12 Dua Lipa 'smitten' on Trevor Noah date, in 'early' stages of getting acquainted - Page Six

Sep 30, 2022 # entertainment 1 min, 14 secs

13 Albert Pujols made baseball history. For Dominicans, his success is 'de lo mío.'

Sep 29, 2022 # breaking 58 secs

14 Rage Against The Machine Cancels Entire North American Tour Following Zack De La Rocha’s Leg Injury - Yahoo Entertainment

Oct 05, 2022 # entertainment 42 secs

15 Bobby Wagner explains mindset in tackling fan on field during 49ers-Rams - NBC Sports

Oct 05, 2022 # politics 30 secs

16 Russia Uses Iranian-Made Drones to Strike Military Base Deep Inside Ukraine - The Wall Street Journal

Oct 05, 2022 # politics 24 secs

Get monthly updates and free resources.


© Copyright 2022 365NEWSX - All RIGHTS RESERVED