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JHUNJHUNWALA AIRLINE
India’s youngest airline adds flights while Iran war crimps rivalsIndia's youngest airline, Akasa Air, is emerging as a significant competitor, expanding capacity by 13.2% while major carriers like IndiGo ...- Akasa Air eyes $75-100 mn via fresh equity, move to dilute Jhunjhunwala family’s 46% stakeAkasa Air wants to use the fund to make pre-delivery payments for its order of 72 Boeing 737 Max jets, for which 19 have already been deliv...
- Akasa Air may place big plane order in next 18 months: CEO“Akasa Air is a well-capitalized airline with the financial means to induct 72 aircraft over the next five years,” said co-founder and CEO ...
- Akasa Air all set to add one aircraft every two weeks; says it's well-capitalisedAirline sources said that it will continue to induct the already ordered 72 aircraft over the next five years. They also said that they wil...
- Akasa Air capitalised enough to place a new aircraft order in 18 months: CEO Vinay DubeIndia's Akasa Air to add one aircraft every two weeks.
- Jhunjhunwala demise unlikely to affect Akasa Air's businessJhunjhunwala was the biggest investor in the low-cost airline that started operations last Sunday. His family holds around 45% through thre...
- Rakesh Jhunjhunwala: Always commanding, mysterious, unpredictable and bullishEven as many swashbuckling traders and speculators of yore faded away because they were unable to keep pace with the changing face of the I...
- Tata, Adani, Anil Agarwal lead India Inc in paying tributes to JhunjhunwalaRatan Tata, Chairman Emeritus of the Tata Group, said Jhunjhunwala will always be remembered for his acute understanding of the markets as ...
- Akasa Air will honour legacy, values, beliefs of Jhunjhunwala: Dubes condolence messages pour in following the demise of Jhunjhunwala, known as the 'Big Bull' and 'Warren Buffett of India' for his investmen...
- Rakesh Jhunjhunwala tells PM Modi: "India ka time aa gaya"!Rakesh Jhunjhunwala’s meeting with Prime Minister Narendra Modi came in the backdrop of the impending launch of his low-cost airliner Akasa...
- FM Nirmala Sitharaman meets delegation led by Rakesh JhunjhunwalaThe meeting comes a day after Rakesh Jhunjhunwala met Prime Minister Narendra Modi on Tuesday.
- PM Modi meets billionaire investor Rakesh Jhunjhunwala, finds him "lively"The prime minister called Jhunjhunwala "lively", "insightful" and "bullish on India"
- After losing 18 kg, the Big Bull is ready to fly, scoffs at the skepticsJhunjhunwala, who is referred to as the Warren Buffett of India, has invested Rs 260 crore in a new budget airline venture piloted by aviat...
- Jhunjhunwala-backed budget airline may take off by year-endWhile Jhunjhunwala will invest about $35 million (around Rs 260 crore) and hold about 40% stake, there will be other investors on board too...
- Billionaire investor Rakesh Jhunjhunwala plans 70 planes for new airlineIt’s a bold bet by Jhunjhunwala, who’s known locally as India’s Warren Buffett, in a market that has seen some airlines collapse in the fac...
- Rakesh Jhunjhunwala reaches for the sky as partner in new airline ventureJhunjhunwala, who has a cult following among stock traders, has had preliminary talks for an investment of up to $35 million (₹260.7 crore)...
- Jhunjhunwala bought 10 lakh more shares of SpiceJet last weekBloomberg had reported in June last year that SpiceJet has become the world’s best-performing airline stock in 2017.
- Ace investor Rakesh Jhunjhunwala buys 1.05% stake in Jet AirwaysRakesh Jhunjhunwala today picked up 1.05 per cent stake in Jet Airways for Rs 50.52 crore through an open market transaction.
- Rakesh Jhunjhunwala's wife buys 25 lakh SpiceJet shares for Rs 9.73 croreThe stake acquired by Jhunjhunwalas is miniscule, but reflects the changed sentiments for airline stocks.
- Rakesh Jhunjhunwala slams opposition to retail FDI; bullish on retail stocksHappy with government's initiative to start introducing some economic reforms, Jhunjhunwala slammed political parties for opposing FDI.
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