Akasa Air plans to raise up to $400 mn
Jhunjhunwala family may not buy more shares, diluting stake
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Jhunjhunwala family may not buy more shares, diluting stake
With the passing away of ace investor Rakesh Jhunjhuwala, whose backing supported the country's newest airline, the future trajectory of the airline will be closely watched
Get latest articles and stories on India at LatestLY. Akasa Air is well-capitalised and its growth is secure with the financial means to place an order for more planes, its chief Vinay Dube said on Wednesday, days after the passing away of the airline's key investor Rakesh Jhunjhunwala. India News | Akasa Air Well-capitalised; Strong Financials to Place Order for More Planes in Next 18 Months: CEO Vinay Dube.
'We are deeply saddened by the untimely demise of Rakesh'
Rakesh Jhunjhunwala death: As condolence messages pour in following the demise of Jhunjhunwala, known as the 'Big Bull' and 'Warren Buffett of India' for his investment acumen, Akasa Air will miss him much in terms of strategic guidance.