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Missing 3-year-old boy found dead in creek in Mississauga, Ont.: police
A three-year-old boy has been found dead a day after he went missing in a park in Mississauga, Ont., Peel police say.
Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India's own Warren Buffett, died Sunday in Mumbai city, Press Trust of India news agency reported. He was 62.
Prime Minister Narendra Modi led the tributes for the business magnate, who had an estimated net worth of US$5.8 billion, according to Forbes.
"Rakesh Jhunjhunwala was indomitable. Full of life, witty and insightful, he leaves behind an indelible contribution to the financial world," Modi tweeted, and also expressed his condolences to Jhunjhunwala's family.
His cause of death has not yet been released, although he was said to be suffering from various health issues, local media reported.
Jhunjhunwala, a chartered accountant from the northern state of Rajasthan, began investing in the stock market while he was still in college, starting off with capital of just 5,000 rupees ($63). He went on to establish and manage RARE Enterprises, an asset management firm. As his net worth steadily rose, he became one of India's richest men with investments in some of the country's biggest companies.
In his latest venture, he helped launched the low-cost Akasa Air, which took its first flight last week. Jhunjhunwala was seen at the launch in a wheelchair, local media reported.
The airline said it was "deeply saddened" by the news of his death. "We at Akasa cannot thank Mr. Jhunjhunwala enough for being an early believer in us and putting his trust and faith in us to build a world-class airline," it said in a statement.
Also called the "Big Bull" of the country's Bombay Stock Exchange, Jhunjhunwala was known for taking risks in the market and in his investments.
"Investor, bold risk-taker, masterly understanding of the stock market," tweeted Finance Minister Nirmala Sitharaman, calling him a "leader in his own right" who strongly believed in India's strength and growth.
In an interview last week with news channel CNBC-TV18, Jhunjhunwala said despite the unfavorable economic conditions across the world, "the Indian market will grow, but at a slower pace."
He is survived by his wife and three children.
This story corrects the spelling of Warren Buffett's last name to Buffett, not Buffet.
A three-year-old boy has been found dead a day after he went missing in a park in Mississauga, Ont., Peel police say.
Against the rainy Paris night sky, Celine Dion staged the comeback of her career with a powerful performance from the Eiffel Tower to open the Olympic Games.
Premier Danielle Smith said Friday afternoon in Hinton while weather conditions are cooler, the Jasper fire is still considered out of control and that Jasper residents can expect to be away from their homes 'for several weeks.'
An Irish museum will withdraw a waxwork of singer-songwriter Sinéad O'Connor just one day after installing it, following a backlash from her family and the public, it told CNN in a statement on Friday.
A Winnipeg senior is getting soaked with a six-figure water bill.
Nearly two weeks after Donald Trump's near assassination, the FBI confirmed Friday that it was indeed a bullet that struck the former president's ear, moving to clear up conflicting accounts about what caused the former president's injuries after a gunman opened fire at a Pennsylvania rally.
Orillia OPP arrested and charged a driver with impaired driving after flashing their high beams.
A powerful Mexican drug cartel leader who eluded authorities for decades was duped into flying into the U.S., where he was arrested alongside a son of Joaquin "El Chapo" Guzman, according to a U.S. law enforcement official familiar with the matter.
The lawyer for a former judge whose claims to be Cree were questioned in a CBC investigation says his client is not considering legal action against the broadcaster after the Law Society of British Columbia this week backed her claims of Indigenous heritage.
As fire threatened people in Jasper National Park, Colleen Knull sprung into action.
Video posted to social media on Thursday morning appears to show the charred remains of a Jasper, Alta., neighbourhood.
A Saskatchewan-born veteran of the Second World War was recently presented with France's highest national order.
A local First Nations elder and veteran is helping to bring the Ojibwe language to a well-known film for the first time.
A cat who fled her Montreal home nearly a decade ago has been reunited with her family after being found in Ottawa.
A woman in Waterloo, Ont. is out thousands of dollars for a car crash she wasn’t involved in.
A swarm of bees living in a lamppost in Winnipeg’s Sage Creek neighbourhood has found a new home for its hive.
Around 100 acres of Manitoba Crown Land near the Saskatchewan border is being returned to the Métis community.
Nova Scotia is suspending the licensed Cape Breton moose hunt for three years due to what the province is calling a “significant drop” in the population.