Ashish Agashe

All stories by Ashish Agashe

Jhunjhunwala: The RARE big bull and unabashed wealth creator

Jhunjhunwala: The RARE big bull and unabashed wealth creator

Rediff.com14 Aug 2022

Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of the country's biggest individual investor, leaves behind a relatively cleaner slate, as was seen in the most common description for him -- 'India's own Warren Buffett'. Unlike names like Harshad Mehta and Ketan Parekh, whose rise in fortunes in post-liberalised India was tainted with scam links, the newest 'Big Bull' in the more-regulated market had lesser baggage on this front.

Rescue acts, growth measures dominate RBI's platter in 2020

Rescue acts, growth measures dominate RBI's platter in 2020

Rediff.com30 Dec 2020

Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.

Why migrants cycle hundreds of kms to reach home

Why migrants cycle hundreds of kms to reach home

Rediff.com12 May 2020

After five weeks of lockdown, migrant workers' patience ran out and so did the money, which forced them to leave Mumbai on bicycles.

'Can you drop me till wherever mob allows': Woes of a Mumbaikar

'Can you drop me till wherever mob allows': Woes of a Mumbaikar

Rediff.com3 Jan 2018

A first person account of the train-walk-bike-taxi journey on Wednesday to the office, which is usually covered in an hour, took five-long but enlightening hours, as the city observed a bandh called against violence on the anniversary of a battle fought 200 years ago.

Tale of two quakes: Horror @ Everest, tremors in Kolkata

Tale of two quakes: Horror @ Everest, tremors in Kolkata

Rediff.com12 May 2015

The strong temblor that shook Nepal and parts of northern and eastern India on Tuesday brought back chilling memories of the April 25 earthquake for 47-year-old mountaineer Lipika Biswas who was at the Everest Base Camp when it had hit the Himalayan country.

Modi asks cola cos to blend aerated drinks with fruit juice

Modi asks cola cos to blend aerated drinks with fruit juice

Rediff.com24 Sep 2014

Prime Minister Narendra Modi on Wednesday said he has asked soft drink makers like Pepsi to try and mix aerated drinks with 5 per cent fruit juice to help distressed farmers find a new market for their produce.