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Who was Rakesh Jhunjhunwala?

Jhunjhunwala ran a privately-owned stock trading firm called RARE Enterprises.

New Delhi: Ace stock market investor Rakesh Jhunjhunwala, often referred to as India’s own Warren Buffet passed away at the age of 62.

He was not keeping well for the past few days and breathed his last today in Breach Candy Hospital in Mumbai, as per the hospital sources.

Jhunjhunwala ran a privately-owned stock trading firm called RARE Enterprises. He was also the owner of India’s newest airline Akasa Air which took off in Indian skies earlier this month.