Rakesh Jhunjhunwala is an Indian investor with a Midas touch. He is often referred to as India’s own Warren Buffet. He is a trader and also a chartered accountant. According to Forbes' list, Jhunjhunwala is the 48th richest man in the country with a net worth of $2.3 billion. More
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Big Bull Rakesh Jhunjhunwala remains upbeat about the India story. When it comes to sectors, RJ prefers PSU banks, healthcare, and IT services over telecom and new-age start-ups. What does Jhunjhunwala have to say about India's digitisation story? Watch these excerpts to find out!
Deliberating on the telecom sector in India, Jhunjhunwala said that it is not a good sector to invest in, as it constantly requires investment
Rakesh Jhunjhunwala has invested $35 million for an estimated 40 percent stake in the airline
Akasa Air, which is backed by ace investor Rakesh Jhunjhunwala and aviation veterans Aditya Ghosh and Vinay Dube, got its air operator certificate from the Directorate General of Civil Aviation (DGCA) on July 7.
Akasa Air, which is backed by ace investor Rakesh Jhunjhunwala and aviation veterans Aditya Ghosh and Vinay Dube, got its air operator certificate from the Directorate General of Civil Aviation (DGCA) on July 7.
Big bull Rakesh Jhunjhunwala has partially or completely exited from 10 stocks in the quarter that ended in June 2022 and added one name to his stock portfolio. The renowned investor and big bull re-entered a stock that he had exited in the January-March period and reduced his stake in some stocks to below 1%. To find out what these names are, watch this video!
The recent rally in metals, real estate and media stocks had led to some overvaluation, feel experts. Sectors like metals might remain under pressure for the near term due to global constraints.
Akasa Air, whose airline code is QP, received its first 737 MAX on June 21, 2022
India’s Big Bull and ace investor Rakesh Jhunjhunwala turned 62 on July 5, 2022. Born to an income tax officer, he began investing with a capital of Rs 5,000 in 1985 when Sensex was around 150 points and now boasts a net worth of $4.9 billion. Here’s a look at some golden words spoken by him that every investor must know of:
IFSC-based lessors are now at par with lessors in most competitive foreign jurisdictions in terms of withholding tax on lease rentals paid by Indian operators.
The first aircraft of airline Akasa Air, Boeing 737 MAX, arrived at Indira Gandhi International Airport in New Delhi on June 21. The airline received ceremonial keys for the aircraft at Seattle on June 15, Akasa Air said.
Ace investor Rakesh Jhunjhunwala has of late sold and trimmed positions in his key holdings, especially in the past 2 years. Which stocks are these? Watch the video to find out #rakeshjhunjhunwala #marketswithmc
Jhunjhunwala sold his large holdings in Delta Corp, Titan, Escorts, Lupin, SAIL, as per quarterly filings on BSE
After selling 25 lakh shares, Jhunjhunwala's shareholding in Delta Corp has come down to 6.16 percent from 7.1 percent
Route selection determines whether an airline flies in the red or is in the black and Akasa Air’s route choices will be closely watched
Akasa Air, backed by ace investor Rakesh Jhunjhunwala, unveiled first glimpse of its aircraft on May 23. It is India’s upcoming ultra-low-cost airline with greenest and youngest fleet.
Akasa Air has placed orders for 72 Boeing 737 Max planes and also expects to receive the first aircraft delivery by early June. The airline has 150 pilots and 120 flight attendants on board.
Titan reported subpar quarterly earnings for the three-month period ended March, with net profit declining over 7 percent on-year
The airline is yet to import an aircraft, after which it will get the air operator’s permit, which will clear the way for Akasa to apply for airport slots
According to the December quarter shareholding data, Jhunjhunwala held 5 million shares, or a 1.1 percent stake, in Indiabulls Real Estate
Billionaire investor Rakesh Jhunjhunwala is building a 13-floor home in Mumbai. In this episode of BHK, Vishal Bhargava gives you a sneak peek into the big bull's new home.
The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, Dube said speaking at an air show in the southern Indian city of Hyderabad.
Kunal Jhunjhunwala's Airpay has silently grown from a three-member team in the past decade to over 360 people and processes millions of transactions for some of India’s biggest business houses.
The tower that has been approved for his home will have an area of a whopping 70,000 square feet.