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India’s Warren Buffett: Rakesh Jhunjhunwala passes away at 62

India’s Warren Buffett: Rakesh Jhunjhunwala passes away at 62

By Iris An At dawn on August 14, just as daylight swept over Mumbai, Jhunjhunwala, the veteran trader-cum-investor, known as the Big Bull of Dalal Street, passed away following a cardiac arrest. At the funeral ceremony, Gautam Adani, who had just overtaken Bill Gates and become the world's third richest man in August, expressed his shock and sadness, calling Jhunjhunwala India's “ace investor” and “the most legendary investor that India has had.”  Unprecedentedly for any financial practitioner, India exercised the highest tribute by placing the memorial service for Jhunjhunwala at the Bombay Stock Exchange (BSE India). Prime Minister Narendra Modi…
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