Veteran stock market investor Rakesh Jhunjhunwala, who owned recently-launched Akasa Air airlines, passed away at the age of 62 years in Mumbai this morning. The airline began commercial operations this month with a maiden flight from the financial capital of Mumbai to the city of Ahmedabad. He had teamed up with ex-Jet Airways CEO Dube and former IndiGo head Aditya Ghosh to set up Akasa.
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