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rakesh jhunjhunwala

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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  • Moneycontrol Selects: Top stories this evening Aug 08, 2022 07:17 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Rakesh Jhunjhunwala believes India is on cusp of golden era; bats for PSU banks, hospitals Aug 08, 2022 06:53 PM IST

    Rakesh Jhunjhunwala believes India is on cusp of golden era; bats for PSU banks, hospitals

    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!

  • Telecom not a good sector to invest; remain bullish on PSU banks: Rakesh Jhunjhunwala Aug 08, 2022 04:38 PM IST

    Telecom not a good sector to invest; remain bullish on PSU banks: Rakesh Jhunjhunwala

    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 says Akasa Air is a frugal airline Aug 08, 2022 04:28 PM IST

    Rakesh Jhunjhunwala says Akasa Air is a frugal airline

    Rakesh Jhunjhunwala has invested $35 million for an estimated 40 percent stake in the airline

  • Akasa Air all set for first flight from Mumbai today Aug 07, 2022 10:34 AM IST

    Akasa Air all set for first flight from Mumbai today

    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.

  • Scindia to flag off Akasa Air's inaugural flight on Sunday Aug 06, 2022 08:01 PM IST

    Scindia to flag off Akasa Air's inaugural flight on Sunday

    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.

  • Rakesh Jhunjhunwala trims stake in 10 stocks in quarter ended June Aug 05, 2022 06:55 PM IST

    Rakesh Jhunjhunwala trims stake in 10 stocks in quarter ended June

    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!

  • Big bull Rakesh Jhunjhunwala trims stake in 10 stocks, adds one name to portfolio: Find out details Aug 04, 2022 01:35 PM IST

    Big bull Rakesh Jhunjhunwala trims stake in 10 stocks, adds one name to portfolio: Find out details

    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.

  • Rakesh Jhunjhunwala-backed Akasa Air is on a hiring spree: Check details Jul 14, 2022 02:58 PM IST

    Rakesh Jhunjhunwala-backed Akasa Air is on a hiring spree: Check details

    Akasa Air, whose airline code is QP, received its first 737 MAX on June 21, 2022

  • Rakesh Jhunjhunwala turns 62. Here are some must-know golden words spoken by the ace investor Jul 05, 2022 04:40 PM IST

    Rakesh Jhunjhunwala turns 62. Here are some must-know golden words spoken by the ace investor

    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:

  • Airlines set to benefit by leasing aircraft from companies based in IFSC Jul 01, 2022 07:14 PM IST

    Airlines set to benefit by leasing aircraft from companies based in IFSC

    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.

  • Birdwatching | Rakesh Jhunjhunwala-backed Akasa Air receives its first aircraft, the Boeing 737 MAX Jun 21, 2022 12:52 PM IST

    Birdwatching | Rakesh Jhunjhunwala-backed Akasa Air receives its first aircraft, the Boeing 737 MAX

    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.

  • Big bull Rakesh Jhunjhunwala has sold & trimmed positions in these stocks in past 2 years Jun 17, 2022 07:49 PM IST

    Big bull Rakesh Jhunjhunwala has sold & trimmed positions in these stocks in past 2 years

    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

  • Veteran investor Rakesh Jhunjhunwala sold these 5 shares in 2022 Jun 17, 2022 01:36 PM IST

    Veteran investor Rakesh Jhunjhunwala sold these 5 shares in 2022

    Jhunjhunwala sold his large holdings in Delta Corp, Titan, Escorts, Lupin, SAIL, as per quarterly filings on BSE

  • Delta Corp share price falls as Rakesh Jhunjhunwala cuts stake Jun 01, 2022 03:23 PM IST

    Delta Corp share price falls as Rakesh Jhunjhunwala cuts stake

    After selling 25 lakh shares, Jhunjhunwala's shareholding in Delta Corp has come down to 6.16 percent from 7.1 percent

  • Akasa Air reveals its plane. What's next? May 23, 2022 02:50 PM IST

    Akasa Air reveals its plane. What's next?

    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

  • First look: Akasa Air unveils pictures of its aircraft May 23, 2022 12:48 PM IST

    First look: Akasa Air unveils pictures of its aircraft

    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 to start commercial operations in July; focus on tier-2 connectivity May 06, 2022 04:47 PM IST

    Akasa Air to start commercial operations in July; focus on tier-2 connectivity

    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.

  • Rakesh Jhunjhunwala's wish list for Titan: bonus issue, Fastrack revival May 03, 2022 04:30 PM IST

    Rakesh Jhunjhunwala's wish list for Titan: bonus issue, Fastrack revival

    Titan reported subpar quarterly earnings for the three-month period ended March, with net profit declining over 7 percent on-year

  • Akasa Air launch delayed by a few weeks to July Apr 25, 2022 02:54 PM IST

    Akasa Air launch delayed by a few weeks to July

    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

  • Rakesh Jhunjhunwala stake in Indiabulls Real Estate falls below 1% Apr 13, 2022 03:37 PM IST

    Rakesh Jhunjhunwala stake in Indiabulls Real Estate falls below 1%

    According to the December quarter shareholding data, Jhunjhunwala held 5 million shares, or a 1.1 percent stake, in Indiabulls Real Estate

  • BHK Voice | Sneak peek into billionaire investor Rakesh Jhunjhunwala's new Mumbai home Mar 29, 2022 04:00 PM IST

    BHK Voice | Sneak peek into billionaire investor Rakesh Jhunjhunwala's new Mumbai home

    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.

  • Rakesh Jhunjhunwala-backed Akasa Air plans first commercial flight in June Mar 25, 2022 07:33 PM IST

    Rakesh Jhunjhunwala-backed Akasa Air plans first commercial flight in June

    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.

  • How a young Jhunjhunwala is quietly building a payment services business Mar 22, 2022 03:24 PM IST

    How a young Jhunjhunwala is quietly building a payment services business

    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.

  • How Rakesh Jhunjhunwala built his 13-floor home in Mumbai Mar 21, 2022 11:32 AM IST

    How Rakesh Jhunjhunwala built his 13-floor home in Mumbai

    The tower that has been approved for his home will have an area of a whopping 70,000 square feet.

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