Page 2 - Latest Updates on Rakesh Jhunjhunwala
This footwear stock in Jhujhuwala's kitty is now up 158% over IPO price
Shares of Metro Brands that boasts of Metro, Mochi, Walkaway, Crocs and Fitflop brands, hit a record high of Rs 1,292, rallied 15% in intra-day trade on the BSE.
 "This footwear stock in Jhujhuwala's kitty is now up 158% over IPO price")
Resignations have no impact on expansion, more pilots joining: Akasa CEO
Promoted by family of the late investor Rakesh Jhunjhunwala, Akasa is planning to add more aircraft to its fleet and take it to 28 by March 2024 and add 10-12 planes every year for the next few years
 "Resignations have no impact on expansion, more pilots joining: Akasa CEO")
Jhunjhunwala family-backed Concord Biotech gains 27% on market debut
The strong listing follows healthy demand for the shares of Gujarat-based bulk drug maker in its Rs 1,551-crore initial public offering (IPO)
 "Jhunjhunwala family-backed Concord Biotech gains 27% on market debut")
Concord Biotech lists at 21% premium over its issue price
The shares of the biopharma company listed at Rs 900, a 21 per cent higher against its issue price of Rs 741 per share on the National Stock Exchange and BSE on Friday.
 "Concord Biotech lists at 21% premium over its issue price")
Jhunjhunwala-backed Concord Biotech IPO opens today: What do analysts say?
Concord Biotech IPO: The stock is commanding a 20 per cent premium in the grey market, as per ipowatch.com
 "Jhunjhunwala-backed Concord Biotech IPO opens today: What do analysts say?")
Jhunjhunwala-backed Concord Biotech eyes to raise Rs 1,550 cr through IPO
The late Rakesh Jhunjhunwala-backed firm sets price band of Rs 705-Rs 741 a share
 "Jhunjhunwala-backed Concord Biotech eyes to raise Rs 1,550 cr through IPO")
Rekha Jhunjhunwala sells additional 6.25% holding in Rallis India this week
Rekha Jhunjhunwala, wife of late investor Rakesh Jhunjunwala, has sold an additional 6.2586% holding in Tata Chemicals subsidiary Rallis India this week
 "Rekha Jhunjhunwala sells additional 6.25% holding in Rallis India this week")
India's newest airline Akasa Air looking to raise $75-100 mn for expansion
To raise the money, Akasa Air has approached potential investors which include PE firms and high-net-worth individuals
Rakesh Jhunjhunwala's portfolio up 11% thus far in FY24; beats markets
At an aggregate level, Jhunjhunwala's portfolio that was valued at Rs 32,445 crore as on March 31, 2023 is now worth Rs 35,979 crore
 "Rakesh Jhunjhunwala's portfolio up 11% thus far in FY24; beats markets")
Year in review: From Lata to Queen Elizabeth, icons the world lost in 2022
Take a look at some famous faces that will no longer be with us at the end of 2022
 "Year in review: From Lata to Queen Elizabeth, icons the world lost in 2022")
Jhunjhunwala's firm Rare in talks with Barclays to prepay Rs 500 crore loan
The loan was used to fund the acquisition of Zydus Cadila's animal healthcare business in 2021
 "Jhunjhunwala's firm Rare in talks with Barclays to prepay Rs 500 crore loan")
Rakesh Jhunjhunwala: A perspective
In fact, Rakesh's achievement was greater than that of Mr Simons, a mathematical genius who has a team of super-bright mathematicians and physicists to develop quantitative techniques
Jhunjhunwala left a will, to bequeath Rs 50k-cr fortune to family: Report
The ace investor's long time legal associate Berjis Desai is reportedly the main executor of the will
 "Jhunjhunwala left a will, to bequeath Rs 50k-cr fortune to family: Report")
Gurudakshina? DMart's Damani likely to manage Jhunjhunwala's trust
Trust in guru's name: Damani could manage Big Bull's estate
 "Gurudakshina? DMart's Damani likely to manage Jhunjhunwala's trust")
A tribute to Rakesh Jhunjhunwala: His bullishness will be seen as prescient
Everything Rakesh foresaw for India will happen in the coming years
 "A tribute to Rakesh Jhunjhunwala: His bullishness will be seen as prescient")
Before his death, Jhunjhunwala & family became Akasa's biggest shareholders
Three trusts named after his twin sons and daughter now hold 27% stake in firm; combined family holding at 46%
 "Before his death, Jhunjhunwala & family became Akasa's biggest shareholders")
Top headlines: Dreamfolks IPO on Aug 24; China to offer loans to developers
Business Standard brings you top news of the day
 "Top headlines: Dreamfolks IPO on Aug 24; China to offer loans to developers")
Radhakishan Damani to be the main trustee of Jhunjhunwala's investments
Rakesh Jhunjhunwala, who passed away on August 14, is said to have 'meticulously' planned everything about his wealth as he had been sick for over 8 months
 "Radhakishan Damani to be the main trustee of Jhunjhunwala's investments")
Anand Mahindra shares post about Jhunjhunwala's 'most valuable' advice
Billionaire businessman Anand Mahindra on Sunday shared a motivational post remembering "advice" from the late Rakesh Jhunjhunwala
 "Anand Mahindra shares post about Jhunjhunwala's 'most valuable' advice")
The man who made more money on the stock market than almost anyone else
A family man, a confident investor, someone who was sure two decades ago that India and its stock market were going to boom. T N Ninan recalls his chats with Rakesh Jhunjhunwala