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

Hindi social networking site ShabdaNagari raises $200,000 in funding

ShabdaNagari will remain a non-subscription portal, according to its website, which claims to have 12,000 users.

Jan 23, 2016

India's forex reserves fall for third week in a row to $347 billion

The RBI said the reserves declined by $1.72 billion for the week ending 15 January, 2016.

Jan 22, 2016

ITC Q3 net profit remains flat, revenues up 3%

The company's Q3 FY2016 net profit was Rs 2,652 crore, up 0.67% from Rs 2,635 crore in Q3 FY2015.

Jan 22, 2016

SpiceJet Q3 reports highest quarterly net profit at Rs 238.40 crore on lower fuel costs

The company had reported a loss of Rs 275 crore in the corresponding quarter last fiscal.

Jan 22, 2016

Employers want Modi government to reconsider contentious bonus payment clause

The retrospective implementation of bonus revision will create accounting implications, they said.

Jan 22, 2016

Interglobe shares plunge on weak Q2 numbers of IndiGo revealed while declaring Q3 results

The results for the seasonally-weak Q2 were disclosed along with Q3 results on Thursday.

Jan 22, 2016

Iran asks India to buy crude directly, ignore middlemen

Iran's state-owned National Iranian Oil Company has communicated to Indian refiners about it.

Jan 21, 2016

Design in India makes better business sense: Bangalore-based businessman

It's better we supply raw materials and designs for products and manufacture them in local markets in east Asian countries.

Jan 21, 2016

Ratan Tata invests in baby care products retailer FirstCry

It marks his fourth investment in Indian start-ups this year.

Jan 21, 2016

Stock markets give up early gains; Tata Motors, Maruti Suzuki, ONGC pull Sensex, Nifty down

The Sensex and Nifty were in the red at around 12.30 pm, after having risen in the morning.

Jan 21, 2016

Govt approves 5,000 MW solar power projects worth Rs 5,050 crore

The projects will be implemented over four years on build, own and operate basis.

Jan 20, 2016

NestlÃ© loses bid to trademark four-finger shape of KitKat; Cadbury free to make rival chocolate bar

NestlÃ© had appealed against the European court of justice ruling that the KitKat shape was "not distinctive".

Jan 20, 2016

Rupee breaches 68-mark as global growth spooks markets

The Indian rupee plunged below the 68-level against the US dollar, but later recovered to close at 67.96.

Jan 20, 2016

Advertisement industry to grow at 15.5%, says GroupM

The digital medium is projected fastest in the year, though its share is expected to continue at low levels.

Jan 20, 2016

Crude prices plummet to fresh 12-year lows after IEA says oil market may 'drown in oversupply'

The West Texas Intermediate (WTI) slipped to $27.92 a barrel before recovering later.

Jan 20, 2016

Will Kya Kool Hain Hum 3, Airlift, Mastizaade do a Bajirao Mastani at the box office?

"Airlift" and "Kya Kool Hain Hum 3" will be released on 22 January, while "Mastizaade" will hit screens on 29 January.

Jan 19, 2016

IMF cuts 2016 global growth forecast to 3.4%

The IMF warned that the growth in emerging economies is likely to be impacted further if China slows down further.

Jan 19, 2016

Supreme Court restrains Centre from selling residual stake in Hindustan Zinc

The apex court questioned the decision to sell stake in a company that deals with strategic minerals.

Jan 19, 2016

Tata Motors, Adani Ports, Axis Bank, L&T lead rally on Indian stock markets

The Sensex ended at 24,479.84, a gain of 291.47 points, or 1.21%. The Nifty was up 84.10 points, or 1.14%, at 7,435.10.

Jan 19, 2016

Reliance Jio, Reliance Communications ink deal to share and trade spectrum

Mukesh Ambani's Reliance Jio will buy 800 MHz spectrum from Anil Ambani's RCom in 9 circles and share in 17 circles.

Jan 18, 2016

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Articles by S V Krishnamachari

Hindi social networking site ShabdaNagari raises $200,000 in funding

India's forex reserves fall for third week in a row to $347 billion

ITC Q3 net profit remains flat, revenues up 3%

SpiceJet Q3 reports highest quarterly net profit at Rs 238.40 crore on lower fuel costs

Employers want Modi government to reconsider contentious bonus payment clause

Interglobe shares plunge on weak Q2 numbers of IndiGo revealed while declaring Q3 results

Iran asks India to buy crude directly, ignore middlemen

Design in India makes better business sense: Bangalore-based businessman

Ratan Tata invests in baby care products retailer FirstCry

Stock markets give up early gains; Tata Motors, Maruti Suzuki, ONGC pull Sensex, Nifty down

Govt approves 5,000 MW solar power projects worth Rs 5,050 crore

NestlÃ© loses bid to trademark four-finger shape of KitKat; Cadbury free to make rival chocolate bar

Rupee breaches 68-mark as global growth spooks markets

Advertisement industry to grow at 15.5%, says GroupM

Crude prices plummet to fresh 12-year lows after IEA says oil market may 'drown in oversupply'

Will Kya Kool Hain Hum 3, Airlift, Mastizaade do a Bajirao Mastani at the box office?

IMF cuts 2016 global growth forecast to 3.4%

Supreme Court restrains Centre from selling residual stake in Hindustan Zinc

Tata Motors, Adani Ports, Axis Bank, L&T lead rally on Indian stock markets

Reliance Jio, Reliance Communications ink deal to share and trade spectrum

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'