Jhunjhunwala demise unlikely to affect Akasa Air’s business
The death of Rakesh Jhunjhunwala, India’s most successful stock investor, is unlikely to have any impact on the business of Akasa Air.
The country’s newest airline took to the skies barely a week before the demise of its celebrity patron.
“He was never supposed to be involved in day-to-day operations of the airline,” said Bergis Desai, former managing partner of law firm J Sagar Associates and an investor in Akasa Air.
