In July 2021, Rakesh Jhunjhunwala paid nearly ₹18.5 crore to settle a Sebi probe related to alleged insider trading in Aptech shares; wife Rekha paid ₹3.2 crore
The Big Bull of Indian markets, Rakesh Jhunjhunwala, who passed away on August 14, was a man who was known to not shy away from speaking his mind. And he had his opinions on everything.
Rakesh Jhunjhunwala, who made his wealth on the stock market as a value share investor and is frequently compared to the chairman and CEO of Berkshire Hathaway, co-founded Akasa Air in a rare foray into business.
Rakesh Jhunjhunwala was often referred to as the “Big Bull” and “Warren Buffet” of the Indian stock market. Billionaire Jhunjhunwala, 62, held over 30 stocks in his portfolio as of June 30.