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

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Seattle pips San Francisco as best city for tech employees, reveals study

A survey by career solutions firm Paysa throws up interesting insights on cities with cost of living and earning potential for tech employees.

May 3, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india, rera, real estate

Hudco IPO to open on May 8, close on May 11

A fully-owned public sector company, Hudco, is offering 20 crore shares by way of offer of sale at a price band of Rs 56-60 per share.

May 3, 2017

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MakeMyTrip to raise $330 million via share sale to drive growth

Nasdaq-listed MakeMyTrip, the Indian online travel company, will sell shares at $36 apiece to Ctrip.com, MIH Internet SEA and other investors.

May 3, 2017

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Matrimony.com posts Rs. 300 crore in revenues for FY2017; IPO likely in September quarter, says founder-CEO Murugavel Janakiraman

Murugavel Janakiraman, founder and CEO of Matrimony.com, which owns BharatMatrimony and few other matchmaking portals, speaks about the upcoming initial public offering (IPO) to International Business Times, India edition.

May 3, 2017

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Infosys decision to hire 10,000 Americans seen as yielding to pressure tactics of Trump administration

A day after Infosys said it will be hiring 10,000 American workers over two years, a White House spokesperson lauds CEO Vishal Sikka's decision.

May 3, 2017

tax collection data, indirect taxes, direct taxes, income tax, corporate tax, modi govt, budget 2017, arun jaitley

CBI arrests income tax commissioner over corruption charges; ED moves against CEO of Zoom Developers

Commissioner of Income Tax (Appeals) BB Rajendra Prasad was arrested in Mumbai; Vijay Choudhary of Zoom Developers arrested over money-laundering.

May 3, 2017

Wipro unveils new brand identity and logo

"The new brand identity marks our journey of transformation in the digital world," says Abidali Z. Neemuchwala, CEO and Executive Director, Wipro.

May 2, 2017

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'Bikini airline' VietJet plans to grab 50% market share, raises cap on foreign ownership

VietJet, Vietnam's only private airline, which went public this February, shot into fame first in 2012 for hiring bikini-clad women to walk the aisle.

May 2, 2017

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7th Pay Commission: Karnataka govt employees not to participate in May 4 strike

In view of the assurances given by CM Siddaramaiah, Karnataka state government employees said on Tuesday there was no need for a strike.

May 2, 2017

Bank employees to get lower DA for May, June, July 2017

In a statement, the Indian Banks' Association (IBA) said bank employees will be paid dearness allowance (DA) at 45.6 percent of pay.

May 2, 2017

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Salaries of MF executives rise modestly for FY2017

Except for Reliance MF CEO Sundeep Sikka, HDFC MF CEO Milind Barve and ICICI MF MD Nimesh Shah got reasonable hike in salary for FY2017.

May 2, 2017

bse ipo, bse listing, bse listing on nse, bse issue price, bse price band, mcx listing, nse listing

Federal Bank, SpiceJet, Maruti Suzuki, Indiabulls Housing, Hindalco, Fortis hit fresh 52-week high

On Tuesday, May 2, shares of Maruti Suzuki, SpiceJet, Hindalco, Federal Bank, Fortis, Indiabulls Housing Finance hit new 52-week high despite Sensex trading in the red.

May 2, 2017

infosys, infosys share buyback, infosys bonus history, infosys share price, infosys capital structure, infosys cash reserves

Infosys to hire 10,000 Americans in the next two years; build four technology hubs

In a statement, Infosys CEO Vishal Sikka says hiring 10,000 American workers and setting up technological hubs will "help invent and deliver the digital futures for our clients."

May 2, 2017

Apple likely to report $250 billion in cash reserves

Apple's cash pile of ~$250 billion assumes significance in the context of US President Donald Trump's proposed tax break for American companies to repatriate profits.

May 1, 2017

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Google CEO Sundar Pichai's compensation doubles to $200 million in 2016

Salary was $650,000 and stock award was worth $198.7 million for Google CEO Sundar Pichai, double than what he got in the preceding year.

Apr 29, 2017

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'Old friend' of PM Nawaz Sharif triggers new row in Pakistan

JSW Steel chairman Sajjan Jindal met Pakistani PM Nawaz Sharif recently, raising eyebrows in the Islamic country.

Apr 29, 2017

smartphone sales in q1, smartphone shipments in q1 2017, india smartphone sales, samsung smartphones, apple smartphones, huawei smartphones, indian smartphone market

'Made in India' smartphones make it big in March quarter shipments

Smartphone shipments in India stood at 29 million units in the January-March 2017 quarter, says research firm Counterpoint.

Apr 29, 2017

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Market capitalisation of Tata companies at $127 billion

TCS, Tata Steel, Tata Motors and Titan are some of the 17 listed Tata Group companies that had a combined market cap of $126.72 billion as of April 27, 2017.

Apr 29, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

Sundaram BNP Paribas Home Finance net profit remains flat for FY2017

Net profit for FY2017 was Rs 154 crore as against Rs 153 crore in FY2016 for Sundaram BNP Paribas Home Finance.

Apr 29, 2017

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Tata-Docomo's 1.7 billion arbitration case: Delhi High Court rejects RBI's plea

The Delhi High Court's decision paves the way for the enforcement of the $1.18 billion award by the London Court of Arbitration in the Tata-Docomo case.

Apr 29, 2017

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Articles by S V Krishnamachari

Seattle pips San Francisco as best city for tech employees, reveals study

Hudco IPO to open on May 8, close on May 11

MakeMyTrip to raise $330 million via share sale to drive growth

Matrimony.com posts Rs. 300 crore in revenues for FY2017; IPO likely in September quarter, says founder-CEO Murugavel Janakiraman

Infosys decision to hire 10,000 Americans seen as yielding to pressure tactics of Trump administration

CBI arrests income tax commissioner over corruption charges; ED moves against CEO of Zoom Developers

Wipro unveils new brand identity and logo

'Bikini airline' VietJet plans to grab 50% market share, raises cap on foreign ownership

7th Pay Commission: Karnataka govt employees not to participate in May 4 strike

Bank employees to get lower DA for May, June, July 2017

Salaries of MF executives rise modestly for FY2017

Federal Bank, SpiceJet, Maruti Suzuki, Indiabulls Housing, Hindalco, Fortis hit fresh 52-week high

Infosys to hire 10,000 Americans in the next two years; build four technology hubs

Apple likely to report $250 billion in cash reserves

Google CEO Sundar Pichai's compensation doubles to $200 million in 2016

'Old friend' of PM Nawaz Sharif triggers new row in Pakistan

'Made in India' smartphones make it big in March quarter shipments

Market capitalisation of Tata companies at $127 billion

Sundaram BNP Paribas Home Finance net profit remains flat for FY2017

Tata-Docomo's 1.7 billion arbitration case: Delhi High Court rejects RBI's plea

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'