Tag Archives: Rakesh Jhunjhunwala

Market Movers: A Big Bull bet is down in dumps and Diwali bash on realty counters

MUMBAI: Nazara Technologies has been one of the standout stocks of the past 12 months. Since its listing earlier this year, it has been a multibagger. Backed by veteran investor Rakesh Jhunjhunwala, the gaming technology company had caught investors’ imagination … Continue reading

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A Jhunjhunwala bet is being backed to climb 54% in 12 months

MUMBAI: Jubilant Ingrevia, a portfolio stock of Rakesh Jhunjhunwala, is being backed to set the Street alight over the next year as investors may rerate the stock because of its compressed valuations to peers despite high earnings per share growth … Continue reading

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Airbus in conversation with Jhunjhunwala-backed Akasa for aircraft procurement deal

Boston: Airbus is in conversation with Rakesh Jhunjhunwala-backed new airline Akasa for an aircraft procurement deal, a top official of the European plane manufacturer has said. Akasa has been in discussions with US plane manufacturer Boeing to procure its B737 … Continue reading

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After ZEE stock surge, D-Street waits to see if CEO Goenka gets the boot

Day after a 40 per cent surge in the shares of Zee Entertainment , speculation on Dalal Street on Wednesday focussed on whether MD & CEO Punit Goenka will now be booted out of the company. Much of Tuesday’s investor … Continue reading

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Rakesh Jhunjhunwala exits underperforming pharma bet in Q2

New Delhi: Ace investor Rakesh Jhunjhunwala has completely or partially exited from one of his underperforming pharmaceutical bets. According to data from Trendlyne, the ‘Big Bull’ of Dalal Street has sold his stake in pharma major Lupin as his name … Continue reading

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Stock Idea: This Rakesh Jhunjhunwala stock can deliver solid returns post Q2 result

NEW DELHI: Federal Bank , where ace investor Rakesh Jhunjhunwala upped his stake in September quarter, could deliver up to 25 per cent return in the next 12 months, said analysts, following the private lender’s strong second quarter results. Federal … Continue reading

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Virtusa Corp in final negotiations to buy Polaris Consulting for Rs 1,904 crore

MUMBAI: Arun Jain, the founder chairman and mentor of Polaris Consulting & Services Ltd, is set to exit his two-decade-old company as discussions with Nasdaq-listed Virtusa Corp. to sell a controlling stake have reached the final stages. Virtusa, cofounded by … Continue reading

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Barclays funds Rakesh Jhunjhunwala’s Zydus deal

Barclays has bankrolled Rakesh Jhunjhunwala’s recent acquisition of stake in Zydus Cadila’s animal healthcare business. An arm of the British banking group is learnt to have bought out the entire Rs 500-crore zero-coupon bond offering by Rare Equity Private Ltd … Continue reading

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Rakesh Jhunjhunwala, Radhakishan Damani team up as race for Binani Cement intensifies

MUMBAI: Billionaires Rakesh Jhunjhunwala and D-Mart promoter Radhakishan Damani teamed up to bid for Binani Cement , two senior executives in the know of the matter said, intensifying the race for the company which is facing bankruptcy proceedings from its … Continue reading

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rakesh jhunjhunwala | Risk taker Rakesh Jhunjhunwala ready to sell even his wife’s bangles

Rakesh Jhunjhunwala, Partner, Rare Enterprises in conversation with Nikunj Dalmia & Madhu Kela, Founder, MK Ventures, at the Times Network India Economic Conclave 2021. Madhu Kela: Very little is spoken about your private investment, having been a friend I am … Continue reading

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