Jubilant’s running man

By NISHANT UGAL New Delhi

 07 January 2011 02:40 GMT

Keen marathon runner Ajay Khandelwal is setting the pace for Indian players in the international arena, having taken his company, Jubilant Energy, to a stocklisting on London’s Alternative Investment Market.

The listing, completed last ­November, raised $85 million for Jubilant in an initial public offering and made it one of a select group of Indian energy com­panies currently listed on the exchange.

The move was a major stride for the company to ­help boost exploit­ation of its oil and gas ­assets in India and Australia.

Khandelwal, 38, has been the driving force behind the com­pany’s development since taking over as chief executive in August 2009, applying the same vigorous and focused approach that characterises his long-distance running.

Having recently completed a 22-kilometre half-marathon in…

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