S V Krishnamachari

Articles by S V Krishnamachari

S V Krishnamachari has about seven years of experience in journalism and has been writing on various topics such as politics, healthcare, business and legal affairs. At IB Times, he tracks stock, currency and bullion markets; covers developments at banks, financial institutions and mutual funds and occasionally writes on the intersection of politics and business.

Follow : @S V Krishnamachari Email : editor@ibtimes.co.in

Pepsico bottler Varun Beverages improves profit margins; share price upgraded

For the quarter ended June 2017, Varun Beverages saw its operating margin expand and interest expenses shrink.

Aug 10, 2017

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Tata Motors crashes on BSE over weak June quarter results

The share price of automobile maker Tata Motors tumbles almost seven percent on Thursday morning trade.

Aug 10, 2017

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Pharma stocks led by Sun, Aurobindo drag Sensex, Nifty

Sun Pharma subsidiary Taro's weak June quarter performance led to a sharp decline in many pharma stocks on Wednesday.

Aug 9, 2017

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J Kumar Infra branded shell company despite bagging Delhi, Mumbai metro projects

The Sebi list of 331 suspected shell companies includes J Kumar Infraprojects, a company that is executing various Delhi, Mumbai metro projects.

Aug 9, 2017

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Crude oil prices for India rise by 12% in one month

The Indian basket of crude oil was at $51.60 per barrel on August 8 as against $46.12 almost a month ago.

Aug 9, 2017

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Axis Bank follows SBI, Bank of Baroda, reduces interest rate on savings deposits

In a regulatory filing to the BSE, private sector lender Axis Bank said the rate has been slashed by 50 basis points to 3.50 percent.

Aug 8, 2017

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Housing sector to remain sluggish throughout the year: Colliers India

The residential market saw new launches falling 17 percent during the January-June period and likely to stay weak further due to GST and RERA.

Aug 8, 2017

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Tata Steel, Hindalco, Vedanta gain despite Sensex, Nifty trading with losses

Tata Steel shares flared up on the bourses in response to strong June quarter (Q1) numbers and Hindalco arm Novelis reported upbeat Q1 data.

Aug 8, 2017

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Rising rupee is a mixed bag for Indian economy

The Indian rupee closed at a two-year high against the US dollar on Friday.

Aug 5, 2017

SBI, Tata Steel, SpiceJet, BPCL to declare Q1 results next week, guide stock markets

The major triggers for stock markets next week would be the June quarter results, followed probably by inflation and external trade data.

Aug 5, 2017

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NBFCs outperform banks when it comes to managing bad loans

The bad loans, or NPAs of non-banking financial companies (NBFCs), are far lower than that of banks, especially state-owned.

Aug 5, 2017

Mahindra reports 20% fall in June quarter net profit

Automobile firm Mahindra & Mahindra saw its Q1 net profit fall to Rs 766 crore from Rs 955 crore, YoY, due to the GST impact.

Aug 4, 2017

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Biocon shares plunge after company gets Form 483 observations from US drug regulator

The US FDA issued Form 483 listing violations after inspecting Biocon's manufacturing unit in Bengaluru.

Aug 4, 2017

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Indian stock markets among the best-performing globally in CY2017

The 50-scrip NSE Nifty gained 5.8 percent in July, the highest monthly gain in 16 months, driven by sustained dollar inflows, good progression of monsoon and GST.

Aug 4, 2017

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Titan gains on upbeat June quarter results; PNB Housing, IOC also spurt

Titan was up almost 10 percent on the back of June quarter (Q1) results while PNB Housing gained close to 6 percent in early trade on Friday.

Aug 4, 2017

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India plans to curb cheap tyre imports from China with anti-dumping duty

Truck and bus radial (TBR) tyre imports from China pose a threat to Indian companies such as Apollo, Ceat, MRF and JK.

Aug 3, 2017

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GST woes: After manufacturing, services activity hits a new low in July

Both the PMI indices, manufacturing and services, slipped below the crucial threshold of 50 in July, says IHS Markit.

Aug 3, 2017

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Demand for gold jewellery in India rises 41% in June quarter: World Gold Council

As against the world average of 8 percent, the demand for gold jewellery in India shot up 41 percent in June quarter, the WGC says.

Aug 3, 2017

CDSL, AU Small Finance Bank, Eris share prices post listing dim hopes for Cochin Shipyard investors

CDSL rallied sharply from its issue price of Rs 149 to more than Rs 400 but has since shed gains; AU Finance is also unable to sustain gains.

Aug 3, 2017

Markets give thumbs down to rate cut by Reserve Bank of India

The BSE Sensex ended 98 points lower at 32,476 while the NSE Nifty closed at 10,081, down 33 points.

Aug 2, 2017

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Articles by S V Krishnamachari

Pepsico bottler Varun Beverages improves profit margins; share price upgraded

Tata Motors crashes on BSE over weak June quarter results

Pharma stocks led by Sun, Aurobindo drag Sensex, Nifty

J Kumar Infra branded shell company despite bagging Delhi, Mumbai metro projects

Crude oil prices for India rise by 12% in one month

Axis Bank follows SBI, Bank of Baroda, reduces interest rate on savings deposits

Housing sector to remain sluggish throughout the year: Colliers India

Tata Steel, Hindalco, Vedanta gain despite Sensex, Nifty trading with losses

Rising rupee is a mixed bag for Indian economy

SBI, Tata Steel, SpiceJet, BPCL to declare Q1 results next week, guide stock markets

NBFCs outperform banks when it comes to managing bad loans

Mahindra reports 20% fall in June quarter net profit

Biocon shares plunge after company gets Form 483 observations from US drug regulator

Indian stock markets among the best-performing globally in CY2017

Titan gains on upbeat June quarter results; PNB Housing, IOC also spurt

India plans to curb cheap tyre imports from China with anti-dumping duty

GST woes: After manufacturing, services activity hits a new low in July

Demand for gold jewellery in India rises 41% in June quarter: World Gold Council

CDSL, AU Small Finance Bank, Eris share prices post listing dim hopes for Cochin Shipyard investors

Markets give thumbs down to rate cut by Reserve Bank of India

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'