News for '-rare-enterprises'

IKS Health, backed by Jhunjhunwala family, buys US tech firm for Rs 1,600 cr

IKS Health, backed by Jhunjhunwala family, buys US tech firm for Rs 1,600 cr

Rediff.com1 Nov 2023

AQuity Solutions is a leading tech-enabled clinical documentation, medical coding and revenue integrity solutions provider in the healthcare domain. On the other hand, IKS Health provides administrative, clinical and operational services to clinicians.

Rakesh Jhunjhunwala buys stake in Zee Entertainment

Rakesh Jhunjhunwala buys stake in Zee Entertainment

Rediff.com14 Sep 2021

Ace investor Rakesh Jhunjhunwala's Rare Enterprises Ltd and BofA Securities Europe SA on Tuesday bought shares of Zee Entertainment Enterprises worth over Rs 225 crore through open market transactions.

Jhunjhunwala: The RARE big bull and unabashed wealth creator

Jhunjhunwala: The RARE big bull and unabashed wealth creator

Rediff.com14 Aug 2022

Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of the country's biggest individual investor, leaves behind a relatively cleaner slate, as was seen in the most common description for him -- 'India's own Warren Buffett'. Unlike names like Harshad Mehta and Ketan Parekh, whose rise in fortunes in post-liberalised India was tainted with scam links, the newest 'Big Bull' in the more-regulated market had lesser baggage on this front.

Ace investor Rakesh Jhunjhunwala, 62, passes away

Ace investor Rakesh Jhunjhunwala, 62, passes away

Rediff.com14 Aug 2022

Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.

ITC, Kalyan Jewellers, Ambuja Cement among major BJP donors

ITC, Kalyan Jewellers, Ambuja Cement among major BJP donors

Rediff.com10 Jun 2021

The ruling Bharatiya Janata Party received over Rs 785 crore in contributions from individuals, electoral trusts and corporates in 2019-20, which is over five times more than what the Congress received during the same period.

Jhunjhunwala firm buys DB Realty shares worth Rs 11 cr

Jhunjhunwala firm buys DB Realty shares worth Rs 11 cr

Rediff.com13 Oct 2012

RARE Enterprises purchased 12.50 lakh shares of D B Realty at an average price of Rs 90.21 apiece.

Jhunjhunwala on why realty developers should not list on bourses

Jhunjhunwala on why realty developers should not list on bourses

Rediff.com17 Feb 2022

Ace investor Rakesh Jhunjhunwala on Thursday said real estate developers are afflicted with very low return on capital as compared to bluechip stocks. Jhunjhunwala, who runs RARE Enterprises and is set to be a major shareholder in an upcoming airliner, said only the affordable housing developers can look at listing because of the volumes which they can deliver. It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses. Jhunjhunwala cited the case of DLF, saying the stock price plummeted to Rs 80 from Rs 1,300 per piece to illustrate the risks associated.

PE firm Multiples looks to raise $10 billion by 2030

PE firm Multiples looks to raise $10 billion by 2030

Rediff.com13 Dec 2021

Of the amount, the home-grown private equity player founded by Renuka Ramnath plans to deploy $8 billion in various companies as part of its blueprint for growth.

Rakesh Jhunjhunwala picks up stake in Spicejet

Rakesh Jhunjhunwala picks up stake in Spicejet

Rediff.com28 Nov 2014

His Rare Enterprises purchased 75 lakh shares worth Rs 13 crore.

SpiceJet shares end up 16.5% as Jhunjunwala picks up stake

SpiceJet shares end up 16.5% as Jhunjunwala picks up stake

Rediff.com1 Dec 2014

Shares of SpiceJet surged over 17 per cent on Monday after ace investor Rakesh Jhunjhunwala's Rare Enterprises picked up 75 lakh shares of the company for more than Rs 13 crore (Rs 130 million) through open market.

D B Realty gains as Rakesh Jhunjhunwala buys stake

D B Realty gains as Rakesh Jhunjhunwala buys stake

Rediff.com15 Oct 2012

There are pending buy orders for 4.8 million shares on the NSE and BSE.

Indian stocks may crash soon: Rakesh Jhunjhunwala

Indian stocks may crash soon: Rakesh Jhunjhunwala

Rediff.com9 Oct 2009

Big bull Rakesh Jhunjhunwala feels the Indian stock markets, currently on an upward rally, may 'burst' in a month or two.

Invest in stocks and expect good returns: Jhunjhunwala

Invest in stocks and expect good returns: Jhunjhunwala

Rediff.com20 Apr 2016

"We are in an early stage of a long-run bull market," says Rakesh Jhunjhunwala.

Rakesh Jhunjhunwala buys stake in Jet Airways

Rakesh Jhunjhunwala buys stake in Jet Airways

Rediff.com31 Oct 2015

Rakesh Jhunjhunwala on Friday picked up 1.05 per cent stake in Jet Airways for Rs 50.5 crore.

Sebi clears Rakesh Jhunjhunwala

Sebi clears Rakesh Jhunjhunwala

Rediff.com9 Aug 2006

The lifestyle of India's richest people

The lifestyle of India's richest people

Rediff.com28 Nov 2006

India's surging class of millionaires is stocking up on posh pads, luxury cars, and designer duds.

'IPOs: Valuations don't look stretched'

'IPOs: Valuations don't look stretched'

Rediff.com2 Jun 2007

Rakesh Jhunjhunwala of RARE Enterprises, a high-profile investor, talks to Business Standard on the state of the secondary market and the hype around IPOs.

Rakesh Jhunjhunwala's stocks witnesses flat 2016

Rakesh Jhunjhunwala's stocks witnesses flat 2016

Rediff.com20 Dec 2016

The value of the ace investor's personal holdings rose by just 2%.

Coffee Day's Rs 1,150-crore IPO over-subscribed

Coffee Day's Rs 1,150-crore IPO over-subscribed

Rediff.com16 Oct 2015

Coffee Day Enterprises has already raised over Rs 334 crore from anchor investors.

Sensex jumps 263 points after Ukraine fears recede

Sensex jumps 263 points after Ukraine fears recede

Rediff.com4 Mar 2014

Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine