The country's richest person Gautam Adani, Tata Group chief Ratan Tata and mining tycoon Anil Agarwal paid tribute to stock market veteran Rakesh Jhunjhunwala on his death.
Tata describes Jhunjhunwala as a cheerful personality
Ratan Tata, Honorary Chairman of the Tata Group, said that Rakesh Jhunjhunwala , an eminent investor , will always be remembered for his jovial personality, kindness and vision, along with his keen understanding of the markets.
Ratan Tata said - Jhunjhunwala had a deep understanding of the stock market
Ratan Tata said in his condolence message, Jhunjhunwala will always be remembered for his deep understanding of India's stock markets. He will also be remembered for his cheerful personality, kindness and farsightedness. He said that my condolences are with his family, who have to bear the burden of this great loss. Jhunjhunwala died of a heart attack on Sunday morning.
Jhunjhunwala also invested in Tata Group's unit Titan
Jhunjhunwala had invested in more than three dozen companies, including Titan, a unit of the Tata group. Apart from this, his portfolio includes Star Health, Rallis India, Escorts, Canara Bank, Indian Hotels Company, Agro Tech Foods, Nazara Technologies and Tata Motors.
Adani tweeted tribute
Gautam Adani said in a tweet that he is deeply saddened by the untimely demise of India's greatest investor. He said, Jhunjhunwala with his brilliant ideas inspired an entire generation to believe in our equity markets. I and the country will always remember him.