ANI
26 Jan 2023, 04:56 GMT+10
New Delhi [India], January 25 (ANI): Ace investor and billionaire Rakesh Jhunjhunwala, who passed away at 62 last year, has been conferred the Padma Shri posthumously.
Jhunjhunwala, often referred to as India's own Warren Buffet passed away on August 14, 2022.
Jhunjhunwala was born on July 5, 1960. He grew up in Mumbai.
After graduating from Sydenham College in 1985, he enrolled at the Institute of Chartered Accountants of India and married Rekha Jhunjunwala, who is also a stock market investor.
Jhunjhunwala ran a privately-owned stock trading firm called RARE Enterprises. He was also the owner of India's newest airline Akasa Air which took off in Indian skies earlier this month.
He was always bullish about India's stock markets and whatever stocks he purchased mostly turned into a multibagger.
In the trade and industry category, Areez Khambatta (posthumous) will also be awarded Padma Shri. He was the founder of the popular soft drink brand Rasna.
Further, the chairman of Aditya Birla Group Kumar Mangalam Birla will be conferred with Padma Bhushan.
These Awards are usually conferred by the President of India at ceremonial functions which are held at Rashtrapati Bhawan usually around March or April every year. (ANI)
Get a daily dose of Irish Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Irish Sun.
More InformationRescue teams in Turkey and Syria continue the search for survivors of the catastrophic earthquake that hit the region on ...
WASHINGTON D.C.: The Biden administration has indicated that it could end federal protection for grizzly bears in the northern Rocky ...
MANILA, Philippines: The Philippines has granted the United States four more locations to open military bases, U.S. Defense Secretary Lloyd ...
WASHINGTON, DC - The global community has extended aid to Turkey and Syria following the devastating earthquakes that hit the ...
WASHINGTON D.C.: US lawmakers have called on the Department of Energy to release documents detailing attempts by Russian hackers to ...
Photo credit: Ercin Erturk / Anadolu AgencyThe death toll from Monday's massive 7.8 magnitude earthquake in Turkey and Syria has ...
DUBLIN, Ireland: Ireland reported that wind generated 41 percent of the nation's electricity in January. Additionally, the average wholesale price ...
Photo credit: Ercin Erturk / Anadolu AgencyThe death toll from Monday's massive 7.8 magnitude earthquake in Turkey and Syria has ...
DUBLIN, Ireland: The Irish Navy has reported that it canceled 12 of 26 patrols scheduled for January, primarily due to ...
PARIS, France: Following an 18 month controversy that exposed the workings of the global jet market, Airbus and Qatar Airways ...
PRAGUE, Czech Republic: Ahead of her visit to Taipei, Marketa Pekarova Adamova, Speaker of the Czech Lower House, reiterated to ...
OSLO, Norway: Ending a three-year run of profits as stock and bond prices were hit by rising inflation and Russia's ...