MUMBAI: Dalal Street had been fraught with risk. People who made big fortunes often made headlines as scamsters, leading to equity markets being looked at with suspicion in post-liberalised India.
Rakesh Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of India's biggest individual investor, was broadly an exception to this, who leaves behind a relatively cleaner slate.