ICRA
Infrastructure
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, ......
Finance
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 ......
Finance
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, ......
Manufacturing
BluSmart founders' Gensol faces corporate governance concerns, stock slumps
Gensol Engineering Ltd (GEL), the flagship engineering, procurement and construction (EPC) company of Gensol Group, founded by BluSmart co-founders Puneet ......
Economy
India's Nov WPI inflation hits 12-year high of 14.23% y/y
India's annual wholesale price-based inflation, a proxy figure for producers' prices, accelerated to a record high in November, boosted by ......
Infrastructure
Residential realty in K-shaped recovery, large players better placed: ICRA
The residential realty sector is witnessing a K-shaped recovery with large listed developers recovering at a much faster pace than ......
Finance
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 ......
Markets
Sensex, Nifty rise as travel curbs eased; airlines, ITC surge
Indian shares ended higher on Thursday for the third consecutive session as the country eased curbs on air and rail ......
Infrastructure
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 ......
Finance
Facing heat, Moody's India arm ICRA sends managing director on indefinite leave
The board of ratings agency ICRA has asked managing director and chief executive Naresh Takkar to go on indefinite leave ......
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