Big blow to Indian stock market; Big bull of Dalal Street dies
Kanwar Inder Singh/royalpatiala.in
“India’s Warren Buffet” Rakesh Jhunjhunwala major stock market investor in India passed away on Sunday morning. He is one of the richest men in the country
Aa per available information, the investor was brought to the Candy Breach Hospital at 6:45 AM in the morning and was declared dead. He was suffering from multiple health issues including kidney ailments and had been discharged from the hospital a few weeks ago.
Prime minister Narender Modi condoled his death and tweeted “Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. He was also very passionate about India’s progress. His passing away is saddening. My condolences to his family and admirers. Om Shanti.”
Jhunjhunwala was also chairman of Hungama Media and Aptech, as well as a director of Viceroy Hotels, Concord Biotech, Provogue India, and Geojit Financial Services.
August 14,2022
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