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

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

SpiceJet, Tata Steel, Interglobe Aviation, BEML, GMR Infra hit fresh 52-week highs; CDSL IPO gets good response

On a lacklustre trading day, select stocks such as SpiceJet, Tata Steel, BEML, GMR Infra, Indigo-owner Interglobe Aviation hit 52-week highs; CDSL IPO oversubscribed on Day 1.

Jun 20, 2017

layoffs, layoffs at it companies, it hiring, it recruitment, layoffs at wipro, layoffs at infosys, layoffs at capgemini, layoffs at cognizant, it stocks, tcs share price, h-1 b visa controversy

Karnataka sees slowdown in IT hiring amid reports of layoffs

Priyank Kharge, Karnataka's IT minister, said that hiring by IT companies stood at 52,500 in 2016-17, down from 61,500 two years ago.

Jun 20, 2017

atf prices, aviation companies in india, indian civil aviation market, domestic air traffic

Domestic air traffic May 2017: Air India, GoAir gain; Indigo and SpiceJet lose market share

In May, Indian carriers flew 10 million passengers; national carrier Air India, low-cost GoAir marginally improved their market share while Indigo and SpiceJet saw a fall.

Jun 19, 2017

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GST effect: Your hotel expenses would come down

With the GST Council lowering the tax rate for hotels and restaurants at five star and luxury hotels, hotel bills are likely to drop.

Jun 19, 2017

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

List of India's top 12 defaulters who owe a mind-boggling amount to banks

The RBI's list of top 12 defaulters comprise Lanco Infratech, Bhushan Steel, Alok Industries, Monnet Ispat, Essar Steel, Era Infra, ABG Shipyard, Jaypee Infratech, Amtek Auto, Electrosteel and Jyoti Structures.

Jun 19, 2017

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7th Pay Commission: Central govt employees can hope for good news on allowances; Air India privatisation gains momentum

There is a possibility of the Union Cabinet taking a decision on raising allowances for Central government staff as recommended by the 7th Pay Commission.

Jun 19, 2017

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Kamat Hotels, Leela Venture, Indian Hotels gain on partial GST relief; CDSL IPO opens today

The GST Council raised the threshold for 18 percent tax to Rs 7,500 room tariff from Rs 5,000 on Sunday; Sensex gains 142 points, CDSL initial public offering (IPO) opens.

Jun 19, 2017

infosys q4, infosys coo pravin rao, infosys ceo vishal sikka, infosys share price, infosys upgrade, infosys downgrade

Infosys: Key takeaways from annual report 2017

India's second-largest IT services company Infosys, headed by CEO Vishal Sikka will be holding its 36th AGM on June 24.

Jun 17, 2017

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

After TCS, focus now shifts to Infosys AGM

Infosys will be holding its 36th annual general meeting (AGM) on June 24 in Bengaluru, amid rumours of stake sale by founders and charges of activism.

Jun 17, 2017

, rbi, rbi list of 12 defaulters, rbi deputy governor viral acharya, bhushan steel, essar steel, lanco infra, alok industries, NPA ordinance, crackdown on bad loans

RBI's decision against loan defaulters reveals rot that set in during UPA regime

RBI deputy governor Dr Viral Acharya had, in February this year, made interesting comments on bad loans that are now part of 12 big defaulters.

Jun 17, 2017

CDSL IPO: Shares likely to list at a premium, say brokerages; all you need to know

Central Depository Services (India) Limited, or CSDL, is coming out with an initial public offering (IPO); issue opens on June 19 and closes on 21.

Jun 17, 2017

careem, lyft, ola, grab, saudi billionaire Prince Alwaleed and Daimler invest in Dubai's Careem, jack ma eyes stake in grab, grab investors, careem investors, uber new, uber sex scandal

Cab-hailing companies Careem, Grab, Lyft, Ola rock even as bad news hits Uber

Careem gets funding from Saudi billionaire Prince Alwaleed and Daimler, Alibaba's Jack Ma eyes stake in Grab, Ola raises $50 million and Uber continues to embarass.

Jun 16, 2017

oppo, oppo india, oppo news, oppo smartphones, oppo india sales, oppo india net loss, oppo market share in india, oppo china

Oppo has a weak financial risk profile: India Ratings

Oppo's India business has accumulated losses of Rs 330 till March 2017 while revenues stood at Rs 7,940 crore for 2016-17.

Jun 16, 2017

india, external trade, merchandise trade, india exports, imports, trade deficit, gold imports, engg imports, fiscal deficit, nirmala

Aadhaar mandatory for opening bank accounts; existing account-holders have time till December 31

Aadhaar becomes mandatory for opening bank accounts and financial transactions above Rs 50,000 from June 1; existing bank account holders have to get Aadhaar by December 31 this year, else their accounts will become invalid.

Jun 16, 2017

titan, tanishq, gst on gold, gold prices in india, titan share price, pc jeweller share price, tata group, market cap, tata steel share price, tcs share price

India's gold imports more than double in five months; May trade deficit rises to $13.84 billion

Gold imports rose 131.7 percent to $18.49 billion between January and May this year as against $7.98 billion, YoY.

Jun 16, 2017

steel production in india, steel production japan, steel exports by india, steel imports by india, india news, steel, tata steel, factory, iip, indian economy, gdp

India closing the gap with Japan in steel production

Japan's production was 35 million tonnes while India produced 33.2 million tonnes, according to statistics published by World Steel Association.

Jun 15, 2017

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GST Council to meet on June 18; revision of tax rates for certain items on cards

The 17th GST Council meeting headed by finance minister Arun Jaitley is scheduled to take up revision of tax rates for some items and rules for the e-way bill.

Jun 15, 2017

Interglobe Aviation, Jet Airways, SpiceJet gain ahead of May domestic traffic data

Indigo-owner Interglobe Aviation closed 2.47 percent higher while SpiceJet and Jet ended flat; domestic air traffic for May is due soon, Air India's privatisation talks buzz.

Jun 15, 2017

gst, gst council, gst rates, gst for small traders, gst forms, gst tally, gst india inc, gst banks, gst arun jaitley

Pre-GST bonanza: Cars, phones, other products up for grabs at discounted prices; next GST Council could throw surprises

Discounts are being offered on a range of products, including cars, mobile phones, air-conditioners and laptops.

Jun 15, 2017

daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports, petrol pumps, ioc, hpcl, bpcl

Daily petrol, diesel prices scheme has a surprise element; how to check prices every day

From Friday, petrol and diesel prices will be revised across India, but there is a catch.

Jun 15, 2017

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Articles by S V Krishnamachari

SpiceJet, Tata Steel, Interglobe Aviation, BEML, GMR Infra hit fresh 52-week highs; CDSL IPO gets good response

Karnataka sees slowdown in IT hiring amid reports of layoffs

Domestic air traffic May 2017: Air India, GoAir gain; Indigo and SpiceJet lose market share

GST effect: Your hotel expenses would come down

List of India's top 12 defaulters who owe a mind-boggling amount to banks

7th Pay Commission: Central govt employees can hope for good news on allowances; Air India privatisation gains momentum

Kamat Hotels, Leela Venture, Indian Hotels gain on partial GST relief; CDSL IPO opens today

Infosys: Key takeaways from annual report 2017

After TCS, focus now shifts to Infosys AGM

RBI's decision against loan defaulters reveals rot that set in during UPA regime

CDSL IPO: Shares likely to list at a premium, say brokerages; all you need to know

Cab-hailing companies Careem, Grab, Lyft, Ola rock even as bad news hits Uber

Oppo has a weak financial risk profile: India Ratings

Aadhaar mandatory for opening bank accounts; existing account-holders have time till December 31

India's gold imports more than double in five months; May trade deficit rises to $13.84 billion

India closing the gap with Japan in steel production

GST Council to meet on June 18; revision of tax rates for certain items on cards

Interglobe Aviation, Jet Airways, SpiceJet gain ahead of May domestic traffic data

Pre-GST bonanza: Cars, phones, other products up for grabs at discounted prices; next GST Council could throw surprises

Daily petrol, diesel prices scheme has a surprise element; how to check prices every day

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'