Ace stock market investor Rakesh Jhunjhunwala died this morning at a Mumbai hospital. He was also the co-founder of Akasa Air, India's newest airline which began commercial operations last week. Rakesh Jhunjhunwala was rushed to the Breach Candy Hospital in Mumbai at around 6.45 am after he suffered a cardiac arrest. He was declared dead on arrival by the hospital authorities. He was 62.
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