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

tata steel cyrus mistry ratan tata bombay house controversy tata group directors tata hotels tata sons taj hotels shareholders share price bse nse cse

Tata Steel removes Cyrus Mistry as chairman, appoints O P Bhat as interim head

The removal of Cyrus Mistry is with immediate effect; Bhat holds office till Tata Steel's EGM scheduled for December 20, 2016.

Nov 25, 2016

spicejet q2 results share price gains revenue profit india good bad dgca domestic air traffic worst civil aviation fastest capa plf otp rivals indigo

SpiceJet Q2 net profit doubles on higher operating revenues

For the quarter ended September 2016, budget carrier SpiceJet's net profit rises 103 percent to Rs 58.9 crore.

Nov 25, 2016

india, forex reserves, rbi, fcnr deposits, rupee, us dollar, demonetisation, global uncertainty

India, world's fastest-growing economy, sees drop in forex reserves amid demonetisation

India's foreign exchange reserves dropped $1.54 billion in the week ended November 18 as the RBI apparently intervened to check the fall in rupee.

Nov 25, 2016

demonetisation narendra modi india china growth gdp economy rivals estimate forecast fitch Chinese President Xi Jinping slowdown blues

Demonetisation won't affect India's lead against China: Fitch Ratings

The perceived slowdown in Indian economy caused by demonetisation won't ensure neighbouring China taking a lead over its rival.

Nov 25, 2016

demonetisation pm narendra modi yoga dgp conference hyderabad sensex rupee fall affidavit supreme court petition case crime loot robbery cash banks atm queue arun jaitley us fed interest rate hike bjp congress dgp jdu nda upa

Demonetisation: Economy in turmoil; PM Modi leaves for Hyderabad to address DGPs, attend yoga session

PM Narendra Modi, under attack over demonetisation, leaves for Hyderabad to address annual conference of DGPs.

Nov 25, 2016

bse nse share price gainers losers it stocks infosys wipro tcs tech mahindra mindtree hcl share prices rupee us fed

Infosys, TCS, Wipro, Tech Mahindra gain on falling rupee

The Indian rupee hits new low on Thursday even as share prices of Tech Mahindra, Wipro, HCL Tech, Infosys and TCS gain.

Nov 24, 2016

vistara airasia india aviation policy india domestic air traffic air fare promotion offer tickets discount sale price business slowdown

Vistara joins SpiceJet to offer discounted air tickets

Th "celebration offer" comprises all-inclusive tickets starting from Rs 999 for economy class travel, says Vistara.

Nov 24, 2016

demonetisation impact india ratings idbi capital note effect rs 500 rs 1000 notes share price rock on 2 force 2 box office pvr inox share price bse nse

Demonetisation: Media, multiplexes, films will suffer, says IDBI Capital Markets

While newspapers will get less advertisements, multiplexes are experiencing lesser footfalls, impacting films also.

Nov 24, 2016

rupee vs dollar us india american us fed interest rate hike raise reserve elections donald trump modi govt all time low 2013 bjp nda arun jaitley

Indian rupee falls to new low since Narendra Modi came to power; Sensex ends with losses

On Thursday, the Indian rupee hit 68.86 to the US dollar, breaching the all-time low of 68.80 reached on August 28, 2013.

Nov 24, 2016

demonetisation rbi urjit patel finmin shaktikanta das press conference modi govt arun jaitley debate crisis notes bank rs 500 rs 1000

Why RBI governor Urjit Patel? Main hoon na, says FinMin bureaucrat Shaktikanta Das

Except for an appearance at a press conference on November 8, RBI governor Urjit Patel has not been seen speaking on demonetisation.

Nov 24, 2016

india spices export trade pepper ginger nirmala modi govt

India's spices exports fall 11.42% in volume, jump 12% in value for 2015-16

The government said it is addressing concerns of the trade in other ways but ruled out the formation of additional boards to promote the export of spices.

Nov 23, 2016

indian stock markets bse nse gainers losers pharma stocks rally fii selling buying sun pharma aurobindo lupin metal stocks aviation realty sobha prestige

Pharma, realty, metal stocks lead stock market rally; Lupin top Sensex gainer

Value buying lifts BSE Sensex and NSE Nifty on Wednesday; Lupin leads index rally.

Nov 23, 2016

7th pay commission allowances demonetisation january 2017 central government employees salary hike raise pensioners

7th Pay Commission: Central govt employees to get higher allowances from January 2017, says report

The proposals of the 7th Central Pay Commission cover about 47 lakh Central government employees and about 53 lakh pensioners.

Nov 23, 2016

cpse etf, disinvestment, pm modi, modi govt, cpse etf ffo, strategic stake sale, indian economy

This bank pays handsome bonus shares, liberal dividend and now seeks to appoint new CEO

Low shareholder base enables this Indian bank to pay unbelievable bonus shares and dividend to shareholders.

Nov 23, 2016

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ICICI Bank waives MDR on debit cards to blunt demonetisation effect, boost digital payments

Merchant discount rate (MDR) on debit cards won't be charged from November 23 to December 31 2016, says ICICI Bank.

Nov 23, 2016

26/11 mumbai attack terror pakistan hafeez sayeed jem let india china launchpad strikes surgical strike support black money demonetisation taj hotel trident cafe leopard modi sharif pm pmn bjp congress

26/11 attack 8th anniversary: Justice continues to elude victims as Pakistan drags its feet

The 26/11 terror attack masterminded by Hafiz Saeed left about 165 people dead and over 200 injured.

Nov 23, 2016

demonetisation demonetization currency rbi rs 500 rs 1000 note currency pm modi arun jaitley trends rs 2000 inflation retail food vegetables perishable interest rate nomura sonal

Demonetisation effect: Retail inflation to fall further, says Nomura analyst

Perishable and non-perishable food items show divergent trends since demonetisation; overall, it's bound to reduce inflation.

Nov 23, 2016

india switzerland black money agreement tax haven aeoi adhia black money surgical strike demonetisation deal tax evasion stashed in

Switzerland will soon cease to be haven for tax-evading Indians

India and Switzerland sign an agreement whereby Indian tax authorities will be accessing data on money stashed in Switzerland.

Nov 22, 2016

india bpj bullet proof jackets procurement defence preparedness pakistan terror jem let terrorism modi govt manohar parrikar defence minister china attacks

Indian Army gets 5,000 bullet proof jackets, 7 years after planning to procure 3.54 lakh sets

In 2009, the defence ministry approved buying of 3,53,765 bullet proof jackets (BPJs) but quality-related issues hit procurement.

Nov 22, 2016

domestic air traffic november, spicejet share price, capa aviation outlook, jet airways share price, indigo, india news

Domestic air traffic: How IndiGo, Jet Airways, SpiceJet, Air India, Go Air, AirAsia India, Vistara performed in October

IndiGo takes its market share higher; Jet Airways, Air India, SpiceJet, Vistara, Go Air and AirAsia India show divergent trends.

Nov 21, 2016

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Articles by S V Krishnamachari

Tata Steel removes Cyrus Mistry as chairman, appoints O P Bhat as interim head

SpiceJet Q2 net profit doubles on higher operating revenues

India, world's fastest-growing economy, sees drop in forex reserves amid demonetisation

Demonetisation won't affect India's lead against China: Fitch Ratings

Demonetisation: Economy in turmoil; PM Modi leaves for Hyderabad to address DGPs, attend yoga session

Infosys, TCS, Wipro, Tech Mahindra gain on falling rupee

Vistara joins SpiceJet to offer discounted air tickets

Demonetisation: Media, multiplexes, films will suffer, says IDBI Capital Markets

Indian rupee falls to new low since Narendra Modi came to power; Sensex ends with losses

Why RBI governor Urjit Patel? Main hoon na, says FinMin bureaucrat Shaktikanta Das

India's spices exports fall 11.42% in volume, jump 12% in value for 2015-16

Pharma, realty, metal stocks lead stock market rally; Lupin top Sensex gainer

7th Pay Commission: Central govt employees to get higher allowances from January 2017, says report

This bank pays handsome bonus shares, liberal dividend and now seeks to appoint new CEO

ICICI Bank waives MDR on debit cards to blunt demonetisation effect, boost digital payments

26/11 attack 8th anniversary: Justice continues to elude victims as Pakistan drags its feet

Demonetisation effect: Retail inflation to fall further, says Nomura analyst

Switzerland will soon cease to be haven for tax-evading Indians

Indian Army gets 5,000 bullet proof jackets, 7 years after planning to procure 3.54 lakh sets

Domestic air traffic: How IndiGo, Jet Airways, SpiceJet, Air India, Go Air, AirAsia India, Vistara performed in October

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'