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

E-commerce, start-ups to offer highest pay hike in 2016: Survey

An Aon Hewitt survey projected the average salary across all categories to go up by 10.3 percent this year.

Feb 17, 2016

GrabOn to double its gross merchandise value to Rs 1,200 crore in FY2016

The online coupons start-up plans to achieve this by foraying into the offline space and expanding tie-ups.

Feb 17, 2016

Govt may raise FDI limit in state-owned banks to 49%: Report

The announcement to increase the FDI limit in public sector banks could be made in Budget, PTI reported.

Feb 16, 2016

PF interest rate hiked to 8.8% for FY16; trade unions upset

The EPFO-proposed rate is higher than the current 8.75%, but lower than 8.95% recommended in January.

Feb 16, 2016

Budget 2016: Removal of DDT tops wish-list of real estate firms

The dividend distribution tax at 15 percent makes real estate investment trusts unviable, say industry players.

Feb 16, 2016

Saudi Arabia, Qatar, Russia and Venezuela agree to cap crude oil output

The decision, which is subject to other oil producers agreeing to the output freeze, failed to lift crude prices.

Feb 16, 2016

Supreme Court asks RBI to provide list of loan defaulters

Provisioning for bad loans by Indian banks rose 29 percent during the December quarter sequentially.

Feb 16, 2016

UB Holdings plunges over 10% after PNB declares it 'wilful defaulter'

The company reportedly owes about Rs 6,300 crore to Indian lenders, including Rs 800 crore to Punjab National Bank.

Feb 16, 2016

Gold falls below $1,200 an ounce on rebound in stocks, crude prices

A rally in global equities and crude oil prices has reduced the demand for the yellow metal among safe-haven seeking investors.

Feb 16, 2016

India's exports fall for 14th straight month in January

The trade deficit for January narrowed to $7.64 billion from $11.66 billion in December 2015.

Feb 15, 2016

SIT asks Modi government to verify if $505 billion was siphoned off between 2004 and 2013

US-based non-profit organisation Global Financial Integrity had estimated the outflow from India while researching illicit financial flows.

Feb 15, 2016

Budget Session likely to be stormy

A string of political developments and weak macroeconomic data ahead of the Budget Session pose a challenge to the government.

Feb 15, 2016

Stock markets stage biggest single-day gain in a year

Both the Sensex and the Nifty gained about 2.5 percent on positive global cues.

Feb 15, 2016

Lingerie makers report decline in net profit in December quarter

Lovable Lingerie's revenues grew 13% but Maxwell Industries saw sales plunge 23%.

Feb 13, 2016

India, Israel to explore joint defence equipment manufacturing, R&D

India will send a business delegation to Tel Aviv for a defence seminar to be held from Feb. 21 to 25.

Feb 13, 2016

Weak IIP, inflation data to weigh in on Indian stock markets next week

While retail inflation was at a 17-month high in January, IIP contracted for a second straight month in December 2015.

Feb 13, 2016

Oracle to invest $400 million in India, says global CEO Safra Catz

The company will set up a campus in Bengaluru, India.

Feb 13, 2016

Palestine Investment Fund Gaza West Bank

Palestine Investment Fund chairman likely to visit India shortly: Report

The PIF is a private equity and venture capital firm, according to Bloomberg.

Feb 13, 2016

UAE Crown Prince Sheikh Mohamed bin Zayed Al Nahyan

Abu Dhabi crown prince Sheikh Mohammed bin Zayed al-Nahyan's India visit overshadowed by market mayhem

A slew of bilateral agreements were signed, but details were not available except for tweets by the External Affairs Ministry spokesperson.

Feb 13, 2016

IIP contracts for second straight month in December

While electrical machinery and apparatus shrank by 44.9 percent, mining and electricity bucked the trend, growing at around 3 percent each.

Feb 12, 2016

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Articles by S V Krishnamachari

E-commerce, start-ups to offer highest pay hike in 2016: Survey

GrabOn to double its gross merchandise value to Rs 1,200 crore in FY2016

Govt may raise FDI limit in state-owned banks to 49%: Report

PF interest rate hiked to 8.8% for FY16; trade unions upset

Budget 2016: Removal of DDT tops wish-list of real estate firms

Saudi Arabia, Qatar, Russia and Venezuela agree to cap crude oil output

Supreme Court asks RBI to provide list of loan defaulters

UB Holdings plunges over 10% after PNB declares it 'wilful defaulter'

Gold falls below $1,200 an ounce on rebound in stocks, crude prices

India's exports fall for 14th straight month in January

SIT asks Modi government to verify if $505 billion was siphoned off between 2004 and 2013

Budget Session likely to be stormy

Stock markets stage biggest single-day gain in a year

Lingerie makers report decline in net profit in December quarter

India, Israel to explore joint defence equipment manufacturing, R&D

Weak IIP, inflation data to weigh in on Indian stock markets next week

Oracle to invest $400 million in India, says global CEO Safra Catz

Palestine Investment Fund chairman likely to visit India shortly: Report

Abu Dhabi crown prince Sheikh Mohammed bin Zayed al-Nahyan's India visit overshadowed by market mayhem

IIP contracts for second straight month in December

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'