Big bull Rakesh Jhunjhunwala says time to keep some money off the street
Having suffered losses on his startup bets both in 2000 and 2007, Jhunjunwala said he does not see any value in them both from investment or business perspectives as most of them are just meet-toos lacking any real uniqueness.
The only savings the big bull has now is a fixed deposit of Rs 50,000 in a bank and Rs 1 crore in public provident fund, while rest of huge investments are in equities, he said.
Published Date: Feb 6th, 2019 09:57 PM | Updated Date: Feb 07, 2019 06:53 AM IST
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