Page 5 - Latest Updates on Rakesh Jhunjhunwala
Jhunjhunwalas lost nearly Rs 3,500 cr in this Tata Group stock in 3 months
Titan Company has slipped 7 per cent to Rs 1,925 in intra-day trade on Friday and has shed 29 per cent in the past three months.
 "Jhunjhunwalas lost nearly Rs 3,500 cr in this Tata Group stock in 3 months")
Akasa Air concludes sale and lease back of 5 Boeing 737 Max planes
Akasa Air ordered 72 Boeing 737 Max aircraft last November
 "Akasa Air concludes sale and lease back of 5 Boeing 737 Max planes")
Titan, Lupin, Indian Hotels: How to trade Rakesh Jhunjhunwala-owned stocks
Titan and Lupin seem poised for solid gains among Rakesh Jhunjhunwala's portfolio, while shares of Lupin, Star Health and Jubilant Pharmova can be avoided for now.
 "Titan, Lupin, Indian Hotels: How to trade Rakesh Jhunjhunwala-owned stocks")
On track to receive first 737 Max plane by mid-June, says Akasa Air
Ace investor Rakesh Jhunjhunwala-backed Akasa Air, in a release, also said that it is on track to launch its commercial operations by July
Akasa Air launch may be delayed further as it awaits aircraft delivery
'Their (Akasa Air) aircraft delivery is delayed and it is expected to come around June /July. As far as other procedures are concerned, they all are on track,' says a DGCA official
 "Akasa Air launch may be delayed further as it awaits aircraft delivery")
Akasa Air ties up with Navitaire for digital retailing, reservations system
Akasa Air, backed by ace investor Rakesh Jhunjhunwala, and aviation veterans Vinay Dube and Aditya Ghosh, is expected to begin its commercial operations in July
 "Akasa Air ties up with Navitaire for digital retailing, reservations system")
Akasa Air to launch flight operations in July instead of June
The commercial flight operations of Rakesh Jhunjhunwala-backed Akasa Air will be launched in July instead of June.
 "Akasa Air to launch flight operations in July instead of June")
Rakesh Jhunjhunwala divests Escorts stake; stock declines nearly 4%
The ace investor held 5.68% in the company at the end of February. Escort's latest shareholding pattern doesn't have his name in the public investors' list
 "Rakesh Jhunjhunwala divests Escorts stake; stock declines nearly 4%")
This Rakesh Jhunjhunwala-owned stock has zoomed 19% on heavy volume
Till 02:09 pm; a combined 37.98 million equity shares representing 4 per cent of the total equity of Edelweiss Financial changed hands on the NSE and BSE.
 "This Rakesh Jhunjhunwala-owned stock has zoomed 19% on heavy volume")
Akasa Air to launch operations from June, expects fleet size at 72 in 5 yrs
He further said the airline plans to have 18 aircraft on ground as part of its fleet within 12 subsequent months of launching and then add 12 to 14 every year making it 72 in five years
 "Akasa Air to launch operations from June, expects fleet size at 72 in 5 yrs")
Jhunjhunwala-backed Akasa Air plans first commercial flight in June
The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, says CEO Vinay Dube
Rakesh Jhunjhunwala-owned Titan hits record high; zooms 30% in six months
Titan hit a record high of Rs 2,718.65, rallied 5 per cent on the BSE in Thursday's intra-day trade, surpassing its previous high of Rs 2,687.30 touched on January 7, 2022.
 "Rakesh Jhunjhunwala-owned Titan hits record high; zooms 30% in six months")
Investment bankers add weight to Jhunjhunwala's take on realty IPOs
Top private property developers say IPOs are just one source of fundraising
 "Investment bankers add weight to Jhunjhunwala's take on realty IPOs")
Arrivae raises Rs 75 crore in funding from Think Investments, Havells Group
The Series B funding round also saw participation from Emerge Capital and existing investors, Arrivae, backed by ace investor Rakesh Jhunjhunwala said in a statement
 "Arrivae raises Rs 75 crore in funding from Think Investments, Havells Group")
Realty firms afflicted with low returns shouldn't get listed: Jhunjhunwala
It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses
Ace investor Rakesh Jhunjhunwala, others to pick up stake in D B Realty
D B Realty will allot 5 crore warrants to investors, including Rakesh Jhunjhunwala and his wife, within days of Godrej Properties cancelling its plans to invest Rs 700 crore in the company
Rakesh Jhunjhunwala's Akasa airline to lure staff with stock options
Akasa has hired around 50 employees for back office functions and is now recruiting pilots, flight attendants and airport staff.
Stock options for staff, 'happy homes': Akasa airline makes flight plan
Akasa has hired around 50 employees for back office functions and is now recruiting pilots, flight attendants and airport staff.
This Rekha Jhunjhunwala-owned realty stock has zoomed 108% in five weeks
Shares of D B Realty were locked the in upper circuit of 5 per cent at Rs 91.55, which is also its 52-week high on the BSE.
 "This Rekha Jhunjhunwala-owned realty stock has zoomed 108% in five weeks")
Jhunjhunwala the biggest draw as investors line up to board Akasa
The interest from multiple backers in Akasa comes at a time when airlines, hit by two consecutive years of the pandemic, are scouring for funds
 "Jhunjhunwala the biggest draw as investors line up to board Akasa")
