ICRA
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 ......
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, is grappling with profitability......
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 ......
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...
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 ......