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Ratan Tata pens hear-felt note in late Rakesh Jhunjhunwala’s memory

Indian industrialist Ratan Tata wrote a heat-felt note following the death of Indian business magnate Rakesh Jhunjhunwala on Sunday.

New Delhi: Indian industrialist Ratan Tata wrote a heat-felt note following the death of Indian business magnate Rakesh Jhunjhunwala on Sunday. Ratan Tata also shared a copy of his note from his official Twitter account. Jhunjhunawala died today’s morning at around 6:45 AM after he reportedly suffered a cardiac arrest. However, the doctors of Breach Candy hospital in Mumbai declared him brought dead.

In his note, Ratan Tata said Jhunjhunawala will be remembered for his acute understanding of the Bombay Stock Exchanges.

RakeshJhunjhunwala

”Rakesh Jhunjhunwala, who sadly passed away this morning, will always be remembered for his acute understanding of the stock exchange of India. He will also be remembered for his jovial personality, his kindness, and his farsightedness.”

”My heartfelt condolences go out to his family which has to share the burden of this great loss,” added Tata.

Breach Candy Hospital’s Dr Pratit Samdhani also released an official statement, “Rakesh Jhunjhunwala had a sudden cardiac arrest which was the cause of his death. He was also suffering from chronic kidney disease, was on chronic dialysis & was responding well. He was diabetic and had recently undergone an angioplasty.”

According to media reports, the 62-year-old market expert was admitted to the same hospital due to kidney-related issues a few weeks ago. The stock market expert will be cremated on today’s evening at Banganga crematorium in Mumbai.

Notably, Jhunjhunwala recently launched Akasa Air by teaming up with ex-Jet Airways CEO Vinay Dube and former IndiGo head Aditya Ghosh. At the time of launch, he was seen on a wheelchair.