Promoter uncertainty could trip up S&W Renewable’s remarkable run
With three promoters—Reliance, Shapoorji Pallonji Group and the Daruvala family—the EPC firm is already treading on thin ice. The prospect of a disagreement or distress sale upsetting the delicate balance is a constant worry for investors.
August 26, 2024•13 min
0
August 26, 2024•13 min
0
More in Business
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
You may also like
Business
India’s next big reform battle: Who gets to sell you power?
The Centre has proposed to open up the retail electricity market, hoping competition will fix India’s loss-making discoms. The states fear a power grab. The outcome will shape the next phase of India’s energy transition.
Business
India’s homegrown blueprint to surviving carbon tariffs
Gujarat’s pollution trading experiment could become the model for a national framework on pricing emissions.
Business
Murky waters ahead as shipping resists net-zero plan
The industry that moves 90% of world trade now wants to sink the first serious plan to clean up its climate footprint.