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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Markets cautious ahead of RBI's monetary policy meeting outcome

The Reserve Bank of India's monetary policy committee is expected to announce its decision today amid expectations of a 25 basis point cut in repo rate.

Aug 2, 2017

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NDTV gets partial relief in income tax case; June quarter performance worsens

The news channel is embroiled in many cases, including ICICI Bank loan repayment and now income tax; its income has taken over the past few quarters.

Aug 2, 2017

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Hero Motocorp. Honda, Suzuki, Eicher Motors post upbeat volume sales for July

Most of the two-wheeler companies saw domestic sales rising sharply in July, the first month of GST implementation.

Aug 1, 2017

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Interest rate cut on savings deposits augurs well for banks, say Nomura analysts

If all banks reduce interest rate on savings deposits, public sector lenders stand to gain more than others.

Aug 1, 2017

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Tech Mahindra gains 7% on upbeat June quarter results; select stocks hit new 52-week high

For the June quarter (Q1), Tech Mahindra reported 10.3 percent YoY rise in revenues and 6.6 percent increase in net profit, leading to a spurt in share price.

Aug 1, 2017

Max calls off merger with HDFC Standard Life Insurance

The confirmation comes days after the insurer's parent HDFC said it will offload 9.5 percent through an initial public offering.

Jul 31, 2017

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Maruti Suzuki likely to post upbeat July car sales, says Nirmal Bang

Maruti Suzuki, Tata Motors, Ashok Leyland and Hero Motocorp are likely to report mixed growth rates or drop in volume sales for July, the first month of GST implementation.

Jul 31, 2017

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State Bank of India shares spurt after lender cuts interest rate on savings deposits

The country's largest lender State Bank of India slashed interest rate on savings bank deposits to 3.5 percent from 4 percent, resulting in share prices rising sharply.

Jul 31, 2017

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Tech Mahindra trades flat ahead of June quarter results; Sensex up over 100 points

IT software services company Tech Mahindra will be declaring its June quarter (Q1) results on Monday.

Jul 31, 2017

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IT companies to post muted growth for June quarter: Nirmal Bang analyst

Infosys, TCS, Wipro, Tech Mahindra, Mindtree and HCL Technologies are expected to report mixed results for June quarter, 2017.

Jul 6, 2017

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Ratan Tata backed-Moglix raises $12 million in Series B funding

The latest round of fund-raising saw participation by new investors IFC and Rocketship, apart from existing ones, including Accel Partners.

Jul 6, 2017

GST won't impact property prices in a big way

The GST tax rates and many clarifications have left home buyers confused.

Jul 5, 2017

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SBI, other lenders suffer setback; Essar Steel gets reprieve in loan default case from Gujarat High Court

Estimates put the amount owed by Ruia-controlled Essar Steel at Rs 37,000 crore; the company is one of the 12 defaulters reportedly identified by RBI for swift recovery under insolvency code.

Jul 5, 2017

Infosys: Employees to get 5-11% annual salary hike, lower than last year; no arrears for 3 months

India's second-largest IT services exporter Infosys gives employees an average hike of 5 to 11 percent as against 6-12 percent last year.

Jul 5, 2017

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Liquor stocks rally after Supreme Court gives relief to bars, pubs in cities

United Spirts, Khoday, Jagatjit, Globus Spirits gain sharply on the back of Supreme Court making an exception to bars, pubs and hotels located within cities.

Jul 4, 2017

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Highlights of Axis Bank annual report FY2017

Credit cards, retail lending, digital banking, focus on SMEs and consolidating position debt markets are key extracts from Axis Bank's annual report for 2017.

Jul 4, 2017

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ICICI Prudential Life, Tata Steel, Ashok Leyland hit fresh 52-week highs

The Sensex was trading almost flat but select stocks such as Ashok Leyland, Godrej, ICICI Prudential Life, Tata Steel, hit new 52-week highs on BSE.

Jul 4, 2017

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GST: Gamechangers that can swing fortunes for India Inc, consumers, investors

There are many key takeaways for companies but the informal sector is expected to take a hit; here is how the dynamics matter for investors and consumers.

Jul 4, 2017

Foreign investments into Indian equity and debt rise six-fold in June quarter

In comparison to $1.6 billion inflows in the June quarter last year, it rose to $12.2 billion for the three-month period this year.

Jul 4, 2017

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Nandan Nilekani, Helion's Sanjeev Aggarwal launch $100 million start-up fund

The Fundamentum Partnership will invest in early stage start-ups, say Nandan Nilekani and Sanjeev Aggarwal.

Jul 4, 2017

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Articles by S V Krishnamachari

Markets cautious ahead of RBI's monetary policy meeting outcome

NDTV gets partial relief in income tax case; June quarter performance worsens

Hero Motocorp. Honda, Suzuki, Eicher Motors post upbeat volume sales for July

Interest rate cut on savings deposits augurs well for banks, say Nomura analysts

Tech Mahindra gains 7% on upbeat June quarter results; select stocks hit new 52-week high

Max calls off merger with HDFC Standard Life Insurance

Maruti Suzuki likely to post upbeat July car sales, says Nirmal Bang

State Bank of India shares spurt after lender cuts interest rate on savings deposits

Tech Mahindra trades flat ahead of June quarter results; Sensex up over 100 points

IT companies to post muted growth for June quarter: Nirmal Bang analyst

Ratan Tata backed-Moglix raises $12 million in Series B funding

GST won't impact property prices in a big way

SBI, other lenders suffer setback; Essar Steel gets reprieve in loan default case from Gujarat High Court

Infosys: Employees to get 5-11% annual salary hike, lower than last year; no arrears for 3 months

Liquor stocks rally after Supreme Court gives relief to bars, pubs in cities

Highlights of Axis Bank annual report FY2017

ICICI Prudential Life, Tata Steel, Ashok Leyland hit fresh 52-week highs

GST: Gamechangers that can swing fortunes for India Inc, consumers, investors

Foreign investments into Indian equity and debt rise six-fold in June quarter

Nandan Nilekani, Helion's Sanjeev Aggarwal launch $100 million start-up fund

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'