ANI
26 Jan 2023, 00:26 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 Poland 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 Poland Sun.
More InformationDUBLIN, Ireland: Temperatures reached 28 degrees in some parts of the country on July 11, and a yellow weather warning is now in place....
BRUSSELS, Belgium: Meta is holding firm on its controversial pay-or-consent model, a move that could lead to fresh antitrust charges...
DUBLIN, Ireland: The Royal National Lifeboat Institution (RNLI) has issued a strong safety warning ahead of this weekend's expected...
WASHINGTON, D.C.: The Trump administration has started sending some weapons to Ukraine again, just a week after the Pentagon told officials...
DUBLIN, Ireland: Irish Rail incurred over 26,000 euros in damages due to a series of graffiti incidents carried out by a 24-year-old...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
BRUSSELS, Belgium: Meta is holding firm on its controversial pay-or-consent model, a move that could lead to fresh antitrust charges...
LONDON, U.K.: American consumers and businesses could soon face the highest overall tariff burden in more than a century, according...
The family of Sayfollah Saif Musallet, a 20-year-old American citizen who was beaten to death by Israeli settlers in the occupied West...
CONCORD, New Hampshire: A federal judge in New Hampshire issued a crucial ruling on July 10 against President Donald Trump's executive...
DUBAI, U.A.E.: A cargo ship flagged under Liberia, known as the Eternity C, sank in the Red Sea following an attack executed by Yemen's...
WASHINGTON, D.C.: The Trump administration has started sending some weapons to Ukraine again, just a week after the Pentagon told officials...