14 August,2022 06:27 PM IST | Mumbai | mid-day online correspondent
PM Narendra Modi (L) with Rakesh Jhunjhunwala. File Photo/PTI
Rakesh Jhunjhunwala, often referred to as 'India's Warren Buffett', passed away in Mumbai on Sunday morning due to a cardiac arrest. He was 62. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata conglomerate. His portfolio includes companies like Star Health, Rallis India, Escorts, Canara Bank, Indian Hotels Company, Agro Tech Foods, Nazara Technologies and Tata Motors.
A self-made trader, investor and businessman, he was also known as the 'Big Bull' of Dalal Street. Son of an income tax officer, he is survived by his wife and three children.
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(with inputs from PTI)