Investor Rakesh Jhunjhunwala dies at 62, PM Modi pays condolences

Mumbai: Veteran investor Rakesh Jhunjhunwala, also referred as 'Big Bull of Dalal Street' has passed away at the age of 62.

Jhunjhunwala also founded India's newest airline Akasa Air which recently started its maiden commercial flight.

Prime Minister Narendra Modi paid tribute to the ace investor saying that he was full of life, witty and insightful.

"Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world. He was also very passionate about India’s progress. His passing away is saddening. My condolences to his family and admirers. Om Shanti," Modi wrote on Twitter. (UNI)