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

India's top lender moves court seeking arrest of Vijay Mallya, ex-chairman of Diageo company United Spirits

A SBI-led consortium of 17 lenders has moved the Debt Recovery Tribunal to recover Rs 7,800 crore from Mallya and now-defunct Kingfisher Airlines.

Mar 3, 2016

India to grow at 7.5% in FY17, says IMF

However, it warned that unfavourable global environment and a slow investment recovery could be disruptive.

Mar 2, 2016

Indian cement industry faces multiple headwinds

Besides weak domestic demand, Indian cement manufacturers are complaining of cheap imports from Pakistan and China.

Mar 2, 2016

Budget 2016: No anti-dumping duty on tyre imports from China

Truck and bus radial tyre imports from China rose 63 percent during April-December 2015, YoY, according to the government data.

Mar 2, 2016

Tata Motors commercial vehicles Auto sales

February auto sales: Commercial vehicle makers report high growth

Ashok Leyland sales grew 25 percent, while Tata Motors and Volvo Eicher Motors reported 15 percent and 57 percent, respectively.

Mar 2, 2016

February car sales: Honda reports 23% fall in domestic sales

The company sold 13,020 units in Feb.2016 as compared to 16,902 units in Feb.2015.

Mar 1, 2016

Budget 2016: Government clarifies on taxation of provident fund contribution, withdrawal

There was a furore over media reports that contributions to the EPF and PPF would be taxable at the time of withdrawal.

Mar 1, 2016

Budget 2016: Analysts hail FM Arun Jaitley's commitment to fiscal discipline

The fiscal commitment was also cheered by Indian stock markets that soared over 3.30 percent on Tuesday.

Mar 1, 2016

February auto sales: Renault India car sales up 158%, driven by Kwid

The company sold 8,834 units in February 2016 in India as against 3419 units in February last year.

Mar 1, 2016

Feb. passenger car sales: Mahindra sees 26% growth; Hyundai records 9% rise

The company said that the increase in infrastructure cess in the Budget would "increase the prices of automative products immediately."

Mar 1, 2016

February auto sales: Royal Enfield volumes up 63% in February, exports double

Eicher Motors sold 49,156 units of Royal Enfield in February 2016, as against 30,240 units in February 2015.

Mar 1, 2016

February car sales: Maruti Suzuki registers 1% decline, exports plunge 12%

India's largest car maker sold 117,451 cars in February 2016, as against 118,551 units in the same month last year.

Mar 1, 2016

Indian Oil Corporation Petrol Diesel price decreased

Petrol, LPG cylinder cheaper; diesel, ATF to cost more from Feb. 29 midnight

The revised prices come on a day when the government presented its budget for FY2017.

Feb 29, 2016

Budget 2016: Will higher FDI cap in stock exchanges help BSE get listed?

The proposal to raise the FDI limit from five percent to 15 percent could pave the way for BSE's listing next fiscal.

Feb 29, 2016

Budget 2016: Markets give thumbs down; Nifty closes below 7,000

The Sensex and Nifty had gained last year.

Feb 29, 2016

Budget 2016: Gold prices rise as FM Arun Jaitley leaves import duty unchanged

However, the government proposed a slew of exemptions for investment under the gold schemes announced last year.

Feb 29, 2016

Budget 2016: FM Arun Jaitley almost halves disinvestment target to Rs 36,000 crore for FY2017

The target was Rs 69,500 crore for FY2016, of which the government could garner about Rs 18,300 crore till Feb.29.

Feb 29, 2016

Budget 2016: FM Arun Jaitley removes dividend distribution tax on REITs, paves way for listing

The dividend distribution tax, or DDT, on REITs was seen as a hurdle by real estate companies and investors.

Feb 29, 2016

Arun Jaitley hints at privatisation of IDBI Bank, stock gains 16%

The government currently holds 80 percent stake in the bank.

Feb 29, 2016

Bank stocks down on lower-than-expected allocation of Rs 25,000 crore for recapitalisation

The projection was in the region of Rs 70,000 crore, given the high level of bad loans in state-owned banks, eroding their ability to lend.

Feb 29, 2016

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Articles by S V Krishnamachari

India's top lender moves court seeking arrest of Vijay Mallya, ex-chairman of Diageo company United Spirits

India to grow at 7.5% in FY17, says IMF

Indian cement industry faces multiple headwinds

Budget 2016: No anti-dumping duty on tyre imports from China

February auto sales: Commercial vehicle makers report high growth

February car sales: Honda reports 23% fall in domestic sales

Budget 2016: Government clarifies on taxation of provident fund contribution, withdrawal

Budget 2016: Analysts hail FM Arun Jaitley's commitment to fiscal discipline

February auto sales: Renault India car sales up 158%, driven by Kwid

Feb. passenger car sales: Mahindra sees 26% growth; Hyundai records 9% rise

February auto sales: Royal Enfield volumes up 63% in February, exports double

February car sales: Maruti Suzuki registers 1% decline, exports plunge 12%

Petrol, LPG cylinder cheaper; diesel, ATF to cost more from Feb. 29 midnight

Budget 2016: Will higher FDI cap in stock exchanges help BSE get listed?

Budget 2016: Markets give thumbs down; Nifty closes below 7,000

Budget 2016: Gold prices rise as FM Arun Jaitley leaves import duty unchanged

Budget 2016: FM Arun Jaitley almost halves disinvestment target to Rs 36,000 crore for FY2017

Budget 2016: FM Arun Jaitley removes dividend distribution tax on REITs, paves way for listing

Arun Jaitley hints at privatisation of IDBI Bank, stock gains 16%

Bank stocks down on lower-than-expected allocation of Rs 25,000 crore for recapitalisation

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'