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Searchlight: Tracks & Towers profit halves in FY25 but order book remains strong

Infrastructure

19 August, 2025

Searchlight: Tracks & Towers profit halves in FY25 but order book remains strong

For four-decade-old roads and rail contractor Tracks & Towers Infratech Pvt Ltd (TTIPL), FY25 was likely a year best forgotten, ......

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Bottomline: Non-cash expenses keep Progcap in red; AUM rises in FY25

Finance

19 June, 2025

Bottomline: Non-cash expenses keep Progcap in red; AUM rises in FY25

Progcap, backed by marquee investors such as Tiger Global, Peak XV Partners, and Google, remained in the red in FY25 ......

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Bottomline: NPA woes trouble Piramal Alts-backed Annapurna Finance

Finance

23 May, 2025

Bottomline: NPA woes trouble Piramal Alts-backed Annapurna Finance

Annapurna Finance, backed by a string of investors including Piramal Alternatives, grappled with a significant rise in bad loans in FY25, ......

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Flashback 2020: Virus manages to shoo away almost everyone from stressed assets

Finance

23 December, 2020

Flashback 2020: Virus manages to shoo away almost everyone from stressed assets

The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......

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Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?

Infrastructure

07 November, 2019

Can road builder Sadbhav beat revenue doldrums amid shrinking order book, debt woes?

At first glance, highway developer Sadbhav Engineering Ltd seems to have a debt problem. The debt nearly doubled in five ......

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