What explains Swan Energy’s change in fortunes?
In just a couple of years, the little-known, loss-making company has transformed itself into a profitable business under the leadership of MD Nikhil Merchant. Can it sustain the growth momentum?

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Why SEBI has come down hard on Anil Ambani
The five-year ban from the securities market over alleged diversion of funds is only the latest in a series of financial and legal setbacks the younger Ambani has faced over the years.
Anil Ambani may just go scot-free
SEBI has chosen to let Reliance Home Finance off with a light fine, when it should have initiated a forensic audit based on lapses.
Can a deal with EPFO help Nippon India MF regain its mojo?
Getting a part of the retirement savings organization’s sizeable corpus could help the fund house mount a serious challenge for the No.3 spot on the MF leaderboard.