Rakesh Jhunjhunwala

Nykaa Founder Falguni Nayar Became India’s Richest Woman

Nykaa Founder Falguni Nayar Became India’s Richest Woman

Nykaa’s founder Falguni Nayar overtook Kiran Mazumdar-Shaw and has become India’s richest woman, as per the IIFL Wealth Hurun India rich list 2022, which was unveiled on Wednesday. With a net worth of ₹38,700 crores, she secures 33rd position in the top 100 billionaire list. She is the most successful woman entrepreneur in India and…

Akasa Air Shares First Picture Of Boeing 737 Max Plane

Akasa Air Shares First Picture Of Boeing 737 Max Plane

Rakesh Jhunjhuwala-backed Akasa Air has shared the first picture of its Boeing 737 Max Plane. Akasa Air is expected to receive its first plane by mid-June and plans to launch its operations in July, after a delay of almost two months. The airlines released the first picture of the Max plane from the Boeing production…

Rakesh Jhunjhunwala and R K Damani to Buy 10% Stake in RBL Bank

Rakesh Jhunjhunwala and R K Damani to Buy 10% Stake in RBL Bank

Rakesh Jhunjhunwala, Ace investor, and R K Damani, D-Mart’s founder, have approached the Reserve Bank of India to acquire 10% stakes in the Ratnakar Bank Limited (RBL), according to the CNBC TV 18 report. The reports suggested by the channel that the RBI is in the process of examining the request.  The news comes a…

Akasa Air All Set For The Big Take Off, Orders 72 Aircrafts From Boeing

Akasa Air All Set For The Big Take Off, Orders 72 Aircrafts From Boeing

Boeing, an American jet manufacturer, and Akasa Air, India’s newest airline-to-be revealed on Tuesday that it has placed an order for 72 737 MAX aeroplanes. The airline, which is mainly controlled by ace investor Rakesh Jhunjhunwala, was rumoured to be ordering roughly 70 Boeing airplanes on July 28, 2021. Akasa was founded by Dube and…