IEX’s electrifying run
The rapid increase in valuation of the energy exchange mirrors the changes in the power sector and offers a preview to its own future.
20 October, 2021•12 min
0
20 October, 2021•12 min
0

More in Business
Business
Bira shareholders plan an EGM to oust the founder
A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.
You may also like
Business
Regulator deals a big blow to IEX’s monopoly on power trading
India's largest, most dominant power exchange is staring at market share and earnings loss after a key decision by the electricity regulator. Shareholders are not happy. Separately, a big win for climate litigation globally.
Business
The hunt for greener steel stutters
ArcelorMittal's scrapping of green steel plans in Germany signals an uncertain future for decarbonizing the heavily polluting sector. It also casts a cloud on mega investments by Indian steelmakers.
Business
Does Inox’s Jain have the execution chops to match his company’s rising share price?
The 37-year-old promoter has steered the wind turbine maker back from the brink, but must now contend with stiff competition—domestic and overseas.








