Rakesh Jhunjhunwala believed in India’s growth story, says Tata Sons Chairman N Chandrasekaran

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Rakesh Jhunjhunwala believed in India’s growth story, says Tata Sons Chairman N Chandrasekaran

Rakesh Jhunjhunwala believed in India's growth story, said Tata Sons Chairman N Chandrasekaran. He said that the ace investor's passing of an irreparable loss Rakesh Jhunjhunwala believed in India and the sheer potential of the country. This conviction led him to make bold decisions throughout his life and career. He had a great regard for the Tata Group. The passing of Mr. Jhunjhunwala is an irreparable loss and we extend our deep condolences to his family and friends, said N Chandrasekaran in a statement.

The billionaire investor, often referred to as the Warren Buffett of Indian markets and the Big Bull, passed away on Sunday morning at 6: 45 am.

Extremely saddened by the untimely passing away of the most legendary investor that India has had. Shri Jhunjhunwala inspired an entire generation to believe in our equity markets with his brilliant views. India will never forget him, and we will never forget him. RIP, said Gautam Adani, Chairman of Adani Group, in a tweet.

Piyush Goyal, Minister of Commerce Industry, Consumer Affairs Food Public Distribution and Textiles, wrote in a Twitter post: Deeply anguished at the death of veteran investor Rakesh Jhunjhunwala. He was an inspiration for wealth creation for crores. My heartfelt condolences to his family, friends and admirers. Finance Minister Nirmala Sitharaman said that Shri Rakesh Jhunjhunwala is no more. A leader in his own right, an investor, bold risk taker, masterly understanding of the stock market. I had strong belief in India's strength and capabilities.