PM Modi-Rakesh Jhunjhunwala

Photo: The Free Press Journal

PM Modi Expresses Condolences On Demise Of Billionaire Rakesh Jhunjhunwala

Upon the demise of stock market, business bull Rakesh Jhunjhunwala,… read-more

Sun, 14 Aug 2022 - 10:47 AM / by Varsha Joshi

Tags: PM Narendra Modi, Rakesh Jhunjhunwala, Death, Billionaire, Twitter

Courtesy: Zee News India

Rakesh Jhunjhunwala

Photo: First Post

India's 36th Richest Man Rakesh Jhunjhunwala Passes Away At 62

Indian billionaire business magnate, stock trader and investor Rakesh Jhunjhunwala (62) passed away on August 14 due to a kidney ailment.  Jhunjhunwala, India's 36th Richest man with assets worth $5.5 billion, was active in stock market, and was the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. He also sat on boards in Prime Focus Limited, Geojit Financial Services, and others. Business fraternity is mourning… read-more

Sun, 14 Aug 2022 - 09:55 AM / by Varsha Joshi

Tags: Stock market, Businessman, Rakesh Jhunjhunwala, passes away, 36th Richest Man

Akasa Air

Photo: The Financial Express

Akasa Air Receives Its 1st Boeing 737 Max Aircraft

Akasa Air received the first 737 Max airplane from Boeing in Seattle, USA on June 16. Akasa Air sealed an agreement with Boeing to acquire 72 Max jets, three months after Indian aviation regulator DGCA granted green light. "This brings us one step closer to the process of obtaining our Air Operator's Permit and leading to our commercial launch," said Vinay Dube CEO of Akasa Air. 

Thu, 16 Jun 2022 - 03:37 PM / by Vidhi Jhunjhunwala

Tags: akasa air, Ministry of Civil Aviation, Rakesh Jhunjhunwala, Boeing, USA

Courtesy: Free Press Journal

Rakesh Jhunjhunwala

Photo: Business Today

Akasa Air All Set To Launch First Flight In June 2022

India’s new budget-friendly airline Akasa Air, backed by Rakesh Jhunjhunwala, plans to launch its first commercial flight in June 2022. In addition, the Ministry of Civil Aviation (MoCA) and the Directorate General of Civil Aviation (DGCA) are working in collaboration to get the required clearances for kicking off the air operations. Notably, the announcement was made by CEO Vinay Dube at a session of Wings India 2022… read-more

Sun, 27 Mar 2022 - 09:02 AM / by Shaloo Priya

Tags: business, Travel, akasa air, Rakesh Jhunjhunwala, Flights

Courtesy: Zee News

Rakesh Jhunjhunwala's Airline Akasa Air

Photo: Aviation A2Z

Rakesh Jhunjhunwala's Airline Akasa Air Receives NOC From Ministry Of Civil Aviation

According to a corporate statement released on October 11, the Ministry of Civil Aviation has issued a No-Objection Certificate (NOC) for the establishment of Rakesh Jhunjhunwala's new airline "Akasa Air". By the summer of 2022, the new airline hopes to be operational. Rakesh Jhunjhunwala and Vinay Dube, the former CEO of Jet Airways, have financed Akasa Air. In the next four years, the airline intends to operate over 70 planes.

Tue, 12 Oct 2021 - 01:10 PM / by Vidhi Jhunjhunwala

Tags: Rakesh Jhunjhunwala, akasa air, Ministry of Civil Aviation, aircraft

Courtesy: India Tv

Rakesh Jhunjhunwala to start new airline.

Photo: Express Post

Jhunjunwala Plans To Buy Aircrafts, To Start Akasa Airline

Rakesh Jhunjhunwala-backed new airline Akasa has reportedly started the discussion with the European plane manufacturer Airbus and America's Boeing to procure aircraft to begin its operation by the summer of 2022. Furthermore, the airline has planned to develop a fleet of 70 planes in the next four years. Akasa is expected to build its fleet either with Boeing's B737 Max or Airbus' A320 aircraft. 

Sun, 10 Oct 2021 - 06:36 PM / by Vidhi Jhunjhunwala

Tags: Airbus, Boeing, akasa, aircraft, Rakesh Jhunjhunwala

Courtesy: Deccan Herald

Rakesh Jhunjhunwala earns 900 crores from Tata Shares in September

Photo: The Financial Express

Rakesh Jhunjhunwala Earned 900-Crores From Tata Shares In September

Stock trader Rakesh Jhunjhunwala made nearly Rs 900 crores from his shareholding in Tata Motors Group in the month of September. Tata Motors share price has surged around 13 per cent in October itself and is expected to remain in the bullish phase for quite some time, according to the experts. Jhunjhunwala even invested in Titan's shares and the company's shares went up 11.40 per cent in this period.

Tue, 28 Sep 2021 - 01:15 PM / by Muskan Arora

Tags: Rakesh Jhunjhunwala, TATA MOTORS INDIA, Stock market, titan

Courtesy: Livemint

Nazara Technologies

Photo: The Economic Times

Nazara Tech - First Indian Gaming Startup To Enter Dalal Street

Indian investor Rakesh Jhunjhunwala financed Nazara Technologies Ltd - one of India's biggest interactive gaming and sports media companies - became the first Indian gaming technology company to enter the stock market. Though the firm got SEBI’s approval to file Initial Public Offer in 2018, it had filed IPO documents on January 15. Reportedly, Nazara will float 55,43,052 shares equity shares in the market that will be managed by ICICI… read-more

Sun, 17 Jan 2021 - 06:23 PM / by Ashly Ann Varghese

Tags: Nazara, Rakesh Jhunjhunwala, Gaming, SEBI, IPO, Startups

Courtesy: Times Now News