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

Wipro issues 4 lakh equity shares under stop option plans; HCL Tech stock buyback at Rs. 1,000 per share

The equity shares issued by Bengaluru-based IT software services company are under Restricted Stock Unit Plans 2004, 2005 and 2007.

May 24, 2017

infosys q4, infosys coo pravin rao, infosys ceo vishal sikka, infosys share price, infosys upgrade, infosys downgrade

Infosys CEO Vishal Sikka takes huge salary cut for FY2017

The Infosys 2017 annual report gives details of salary, incentives and ESOPs for CEO Vishal Sikka, COO Pravin Rao and other top executives for 2016-17.

May 24, 2017

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Sensex, Nifty end in the red; Tata Motors, GAIL buck the trend, close with gains

With many brokerages recommending a "buy," Tata Motors is the top gainer on BSE, rises 5 percent in intraday high; GAIL (India), Adani Ports also gain.

May 24, 2017

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Modi minister Ravi Shankar Prasad plays down employment crisis in IT sector

Amid reports of large-scale layoffs by IT companies in India, minister Ravi Shankar Prasad talks of job creation by the sector and start-ups.

May 23, 2017

indian it companies, it hiring, it jobs, recruitment in it companies, infosys hiring, infosys vishal sikka, tcs hiring, h1b visa, h1 b visa, donald trump, hcl tech

A union for techies to add whole new chapter in India's IT history

The Forum for Information Technology Employees (FITE) is on course to seek registration as the first union for IT employees, says its vice-president Vasumathi.

May 23, 2017

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An internal 'WTF' mail of Emirates reaches a passenger by mistake

Claire Finch, the passenger, by mistake got a "WTF" subject line mail, ""… is she on about?!? If you've put it in the letter, what the fuk [sic] does she need to do!!!"

May 23, 2017

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Sun Pharma, Kotak Mahindra Bank, CRISIL, GAIL buzzing stocks on BSE

CRISIL, Kotak Mahindra Bank, GAIL and Sun Pharma are top-trending stocks on the BSE; Taro reported 26 percent fall sales and 28 percent drop in net profit for Q4.

May 23, 2017

budget 2017, union budget 2017, pay commission, 7th cpc, central government employees, salary hike, allowances, fm arun jaitley

7th Pay Commission: Modi Govt may take a decision on raising allowances for Central govt employees this week

The 7th Central Pay Commission's recommendations on allowances were analysed by the Ashok Lavasa panel that submitted its report last month.

May 22, 2017

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SpiceJet, Jet Airways, SBI, Bank of India, Bank of Baroda, Piramal, Fortis among top losers on BSE; ITC top gainer

Aviation stocks such as SpiceJet, Interglobe and Jet Airways drop due to rising crude oil prices; Fortis, SBI, other PSU banks fall on profit-booking; ITC spurts 6 percent.

May 22, 2017

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Titan, PC Jeweller, Gitanjali Gems among world's top 50 luxury brands

In the fourth annual Global Powers of Luxury Goods report, Titan was ranked 31st, Gitanjali Gems 30th and PC Jeweller 44th; Louis Vuitton topped the list.

May 22, 2017

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Cathay Pacific to undertake biggest job cut in 20 years; Singapore Airlines reports weak results

Hong Kong-based Cathay Pacific Airways will cut 600 jobs to save money amid mounting losses; Singapore Airlines reports drop in revenues and operating profit.

May 22, 2017

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State Bank of India will hire less this year, thanks to merger of associate banks

State Bank of India had 2,06,994 employees as of March 31, 2017, including 13,097 who joined and 11,264 who retired; the combined strength (including associate banks' employees) stood at 2,78,872.

May 22, 2017

aviation stocks, domestic air traffic, jet airways share price, spicejet share price, indigo airline, indian civil aviation market, fii data, indian stock markets

SpiceJet, Jet Airways, Interglobe Aviation likely to trade sideways over GST service tax on transport

The GST Council reduced service tax on economy class to 5 percent from 6 percent while raising it to 12 percent on business class from the current 9 percent.

May 21, 2017

indian pm narendra modi, pm modi, india forex reserves, indian foreign exchange reserves, foreign investments in india

Assocham hails GST as Modi government's biggest achievement in 3 years

In a statement, industry body Assocham says apart from GST, other achievements of the Modi government in three years include push towards digitalisation and financial inclusion.

May 21, 2017

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Market outlook: Stocks to watch out for after announcement of GST rates

The impact of tax rates announced by the GST Council for most goods (except gold and some items) and services will be reflected on Monday trading.

May 20, 2017

gst, gst council, gst rates on services, gst rates on goods, arun jaitley, gst council meeting in srinagar

India Inc reacts to finalisation of GST rates; telecom sector 'disappointed'

Reactions have come from industry groups and industrialists to the finalisation of tax rates by the GST Council.

May 20, 2017

L&T Technology Services share price L&T Technology Services microsoft deal azure systems

GST rate on capital goods no game changer; impact on L&T, ABB, BHEL, Siemens, Thermax seen as minimal

The GST Council fixed the rate on capital goods at 18 percent while on coal, a key raw material, it is 5 percent. Companies dominating this industry include L&T, ABB, Siemens, BHEL and Thermax.

May 20, 2017

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Etihad Airways finds investments in Alitalia, Air Berlin, Jet Airways not paying off

Picking up stakes in Alitalia, Air Berlin to drive growth does not seem to be paying off in catch-up with bigger rival Emirates.

May 20, 2017

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Jet Airways-investor Etihad Airways could merge with Emirates: Economist

Etihad holds 49 percent stake in Alitalia and 30 percent in Air Berlin.

May 19, 2017

GST Council exempts healthcare, education from taxes; next meeting on June 3

On the second day of the GST Council meeting headed by finance minister Arun Jaitley, it was decided to exempt education and healthcare from taxes.

May 19, 2017

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Articles by S V Krishnamachari

Wipro issues 4 lakh equity shares under stop option plans; HCL Tech stock buyback at Rs. 1,000 per share

Infosys CEO Vishal Sikka takes huge salary cut for FY2017

Sensex, Nifty end in the red; Tata Motors, GAIL buck the trend, close with gains

Modi minister Ravi Shankar Prasad plays down employment crisis in IT sector

A union for techies to add whole new chapter in India's IT history

An internal 'WTF' mail of Emirates reaches a passenger by mistake

Sun Pharma, Kotak Mahindra Bank, CRISIL, GAIL buzzing stocks on BSE

7th Pay Commission: Modi Govt may take a decision on raising allowances for Central govt employees this week

SpiceJet, Jet Airways, SBI, Bank of India, Bank of Baroda, Piramal, Fortis among top losers on BSE; ITC top gainer

Titan, PC Jeweller, Gitanjali Gems among world's top 50 luxury brands

Cathay Pacific to undertake biggest job cut in 20 years; Singapore Airlines reports weak results

State Bank of India will hire less this year, thanks to merger of associate banks

SpiceJet, Jet Airways, Interglobe Aviation likely to trade sideways over GST service tax on transport

Assocham hails GST as Modi government's biggest achievement in 3 years

Market outlook: Stocks to watch out for after announcement of GST rates

India Inc reacts to finalisation of GST rates; telecom sector 'disappointed'

GST rate on capital goods no game changer; impact on L&T, ABB, BHEL, Siemens, Thermax seen as minimal

Etihad Airways finds investments in Alitalia, Air Berlin, Jet Airways not paying off

Jet Airways-investor Etihad Airways could merge with Emirates: Economist

GST Council exempts healthcare, education from taxes; next meeting on June 3

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'