Tributes to Indian billionaire and investor Rakesh Jhunjhunwala

An Indian flag in Cannaught Circus, New Delhi (Alamy/PA)

Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India’s own Warren Buffett, died in Mumbai city at the age of 62, the Press Trust of India news agency reported.

India’s prime minister Narendra Modi led the tributes for the business magnate, who had an estimated net worth of 5.8 billion US dollars, according to Forbes.