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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Sensex loses 1,200 points in two days over global cues, demonetisation woes

Benchmark indices BSE Sensex and NSE Nifty lose heavily over demonetisation chaos, global headwinds, despite fall in retail inflation.

Nov 15, 2016

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Banks were asked to install CCTVs prior to demonetisation of currency notes

The objective was to enable banks to track those who would act as proxies for cash hoarders while depositing wads of Rs 500, Rs 1,000 notes.

Nov 14, 2016

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Demonetisation: RBI data throws up interesting facts on Rs 500, Rs 1,000 notes

In its annual report for 2015-16, RBI provides data on the indent and supply for various denominations; Rs 2,000 figures nowhere.

Nov 14, 2016

ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra

RBI issues revised FAQs on Rs 500, 1,000 currency notes

In its latest set of frequently asked questions (FAQs), the RBI specifies outlets where the old notes can be used by people.

Nov 12, 2016

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India witnesses heightened activity in currency, banking, stocks, forex

Select currencies demonetised, chaos in banking system; stock markets crash on global worries over likely interest rate hike by US Fed.

Nov 12, 2016

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AirAsia India in more trouble as Delhi High Court orders probe

The Delhi High Court directive to regulator DGCA follows allegations of the carrier ceding control to AirAsia Berhad.

Nov 12, 2016

Jet Airways posts 23.4% rise in Q2 net profit as other income spurts 76%

Full service carrier Jet Airways reports 3 percent increase in revenues and 36 percent jump in employee costs during Q2.

Nov 12, 2016

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Thermax's shrinking domestic order inflows raise concerns: IDBI Capital Markets

The overall order book as of September 30, 2016 for Thermax Group dropped to Rs 4,579 crore from Rs 5,162 crore.

Nov 12, 2016

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Mahindra elevates Pawan Goenka to MD; Anand Mahindra is now executive chairman

Anand Mahindra described Goenka's elevation as a "fitting recognition" of his experience and domain knowledge.

Nov 11, 2016

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India's economic growth to take a hit over demonetisation drive: India Ratings

Segments, such as real estate, gold and the informal sector, where cash transactions play a big role will bear the maximum brunt.

Nov 11, 2016

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How stronger ties will help India, Japan encircle 'the pivot of Asia'

Narendra Modi is on a two-day visit to Japan to hold talks with PM Shinzo Abe on a range of topics, including trade and defence.

Nov 11, 2016

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Eros fails to rock on stock markets after declaring disappointing Q2 results

Distributor of Hindi film "Rock On 2", Eros posts sharp fall in net profit and revenues for Q2 on a sequential basis; shares plunge.

Nov 11, 2016

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Indian rupee falls sharply against US dollar amid domestic, global headwinds

Outflows by FIIs, rising demand and prospects of interest rate hike by Donald Trump trigger fall in rupee against US dollar.

Nov 11, 2016

Modi Govt allays tax fears of small traders, households over cash deposits

The economic affairs secretary clarified that no one should worry about small deposits and that only bigger cash deposits will be looked into.

Nov 10, 2016

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ICICI Bank waives charges on cash deposits, ATM withdrawals; relaxes limits on usage of debit cards

The steps follow the government's decision to scrap old Rs 500 and Rs 1,000 currency notes and introduce new notes.

Nov 10, 2016

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KDDL subsidiary Ethos to sell Corum watches: Report

Ethos, which retails many Swiss watch brands, will now sell Corum watches, according to a senior KDDL executive.

Nov 10, 2016

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Sensex, Nifty erase currency ban, Donald Trump-induced losses; gold stocks gain

The BSE Sensex and NSE Nifty opened with gains on Thursday tracking global cues, reversing previous day's losses.

Nov 10, 2016

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Tata Sons fires fresh salvo against Cyrus Mistry in this 9-page statement [Full Text]

In a nine-page statement, holding company Tata Sons accuses Cyrus Mistry of many things.

Nov 10, 2016

ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra sbi state bank of indi atm

State Bank of India branches to remain open till 6 pm on November 10

In a communication, State Bank of India says all branches of the bank will remain open till 6 pm for withdrawing money.

Nov 9, 2016

India reacts to ban on Rs 500, Rs 1,000 notes announced by PM Modi [PHOTOS]

Long queues at cash depositing machines of banks, curious boards at shops/stores marked the day after the ban.

Nov 9, 2016

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Articles by S V Krishnamachari

Sensex loses 1,200 points in two days over global cues, demonetisation woes

Banks were asked to install CCTVs prior to demonetisation of currency notes

Demonetisation: RBI data throws up interesting facts on Rs 500, Rs 1,000 notes

RBI issues revised FAQs on Rs 500, 1,000 currency notes

India witnesses heightened activity in currency, banking, stocks, forex

AirAsia India in more trouble as Delhi High Court orders probe

Jet Airways posts 23.4% rise in Q2 net profit as other income spurts 76%

Thermax's shrinking domestic order inflows raise concerns: IDBI Capital Markets

Mahindra elevates Pawan Goenka to MD; Anand Mahindra is now executive chairman

India's economic growth to take a hit over demonetisation drive: India Ratings

How stronger ties will help India, Japan encircle 'the pivot of Asia'

Eros fails to rock on stock markets after declaring disappointing Q2 results

Indian rupee falls sharply against US dollar amid domestic, global headwinds

Modi Govt allays tax fears of small traders, households over cash deposits

ICICI Bank waives charges on cash deposits, ATM withdrawals; relaxes limits on usage of debit cards

KDDL subsidiary Ethos to sell Corum watches: Report

Sensex, Nifty erase currency ban, Donald Trump-induced losses; gold stocks gain

Tata Sons fires fresh salvo against Cyrus Mistry in this 9-page statement [Full Text]

State Bank of India branches to remain open till 6 pm on November 10

India reacts to ban on Rs 500, Rs 1,000 notes announced by PM Modi [PHOTOS]

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'