India's Big Bull takes leave quietly at 62

Ace investor Rakesh Jhunjhunwala dies at 62 at Breach Candy Hospital in Mumbai owing to cardiac failure after battling kidney ailments for an extended period of time.

Jhunjhunwala, who died a month after turning 62, was suffering from chronic kidney disorder and was on dialysis.

A diabetic, Jhunjhunwala also recently underwent an angioplasty.

In his last interview with a TV channel, Jhunjhunwala said Indian markets will gain at a slower clip. He remained bullish on the India growth story.

Jhunjhunwala was 36th on the Forbes 2021 list of Indian billionaires.

The 62-year old founder of Rare Enterprises began dabbling in stocks in college.

He started Rare Enterprises to invest in the markets, a company which derives its name from the first two letters of the names of Jhunjhunwala and his wife Rekha.

Jhunjhunwala and his wife Rekha settled a case of alleged insider trading Aptech, together with eight others for Rs 37 crore.

In an interview with TV18, he had accepted losing out to his vices. But in the same strain he said he would keep trying.

Jhunjhunwala held several positions across company boards.

Jhunjhunwala's most valued investment is in watchmaker Titan at Rs 9,174.71 crore.

Rakesh Jhunjhunwala's last rites will be performed at Banganga crematorium, Malabar Hill in Mumbai.