What Rakesh Jhunjhunwala said on how to generate long-term wealth

Ace stock market investor Rakesh Jhunjhunwala, often referred to as India’s Warren Buffett, died on 14 August. A self-made trader, investor and businessman, he was also known as ‘Big Bull’ of Dalal Street. As a qualified CA and son to an Income Tax officer, Jhunjhunwala had entered the stock market in 1985 when Sensex was … Read more

Rakesh Jhunjunwala to invest in Syska LED Lights

Rakesh Jhunjunwala’s Rare Enterprises and its partners have signed a term sheet to invest in Syska LED Lights Pvt Ltd, promoted by the Uttamchandani family. In accordance with the terms of the signed term sheet, about 15% of the funds have been deployed already. It is expected that the transaction should conclude in the next … Read more