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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Banks in Karnataka to remain closed for four days from Saturday

Diwali on October 31, Karnataka Rajyotsava on November 1 and the weekend make for four straight days.

Oct 27, 2016

7th Pay Commission: Union Cabinet approves 2% DA hike for Central Govt employees, pensioners

The 2 percent hike in dearness allowance (DA), due from July 2016, will benefit about lakhs of Central government employees and pensioners.

Oct 27, 2016

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Maruti Suzuki posts 60% rise in Q2 net profit, sales up 29%

India's largest car-maker Maruti Suzuki attributed the growth in net profit to overall improvement in operations.

Oct 27, 2016

Aircel tries to match Jio with its latest offer

Apple's iPhone sales in India grew more than 50% in FY2016: Tim Cook

The information came during a conference call addressed by Apple chief executive Tim Cook after FY2016 results.

Oct 27, 2016

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Office space absorption falls QoQ in September quarter: Colliers India

Pune, Bengaluru, and Hyderabad will witness demand revival in coming months, but Mumbai and Delhi will stagnate.

Oct 26, 2016

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Tata Group shares could open with losses on Thursday; here is why

Cyrus Mistry, points out that Tata Steel, Indian Hotels, Tata Motors and Tata Power are staring at mult-billion impairments

Oct 26, 2016

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7th Pay Commission: Here is the lowest allowance likely to be abolished

The 7th Pay Commission examined 196 allowances currently paid to Central government employees.

Oct 26, 2016

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Axis Bank leads Sensex fall of over 250 points; Tata Steel, Tata Motors extend losses

Tata Motors, Tata Steel, ICICI Bank were the other top BSE Sensex losers after Axis Bank over global cues, Tata Group woes.

Oct 26, 2016

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Samvat 2073: Top picks by Angel Broking, Kotak, Geojit BNP Paribas this Diwali

Samvat 2073 commences on October 30 with the exchanges holding "muhurat trading" or special session, on BSE, NSE.

Oct 26, 2016

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IRCTC issues dos and don'ts to passengers on e-tickets

On the eve of Vigilance Awareness Week 2016, IRCTC guides on how to be careful while booking e-tickets and meal orders.

Oct 26, 2016

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Bharti Airtel admits to Reliance Jio effect on Q2 results

An Airtel executive attributes slow revenue growth to "free services by a new operator," an indirect reference to Reliance Jio.

Oct 26, 2016

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Tata Group files caveats against ousted Tata Sons chairman Cyrus Mistry

It is being seen as a move to prevent ousted Tata Sons chairman Cyrus Mistry from getting ex-parte order against his removal.

Oct 25, 2016

Gopalpur port, which was hit by two cyclones in 2013-14, has commenced normal operations in December last year.

Adani Ports Q2 net profit up 61% on healthy cargo volumes; shares gain 11% on BSE

Adani Ports reports a net profit of Rs 1,061 crore during the quarter, while revenues were up 21 percent to Rs 2,183 crore.

Oct 25, 2016

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Ratan Tata-controlled trusts prematurely withdrew investments from Tata Sons: Report

The investments (CRPS) valued at about Rs 4,000 crore belonged to Jamsetji Tata Trust and Navajbhai Ratan Tata Trust.

Oct 25, 2016

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India Inc. speculates on who would succeed Cyrus Mistry after his ouster from Tata Sons

Tata Sons has given itself four months to appoint a successor to Cyrus Mistry, who was removed as chairman on Monday.

Oct 25, 2016

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Ratan Tata talks to CEOs, but Tata Steel on edge

TCS, Tata Motors, Tata Steel, Tata Coffee, Tata Power, Tata Global Beverages were trading with losses on BSE.

Oct 25, 2016

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BMW in tie-up with Ola for luxury rides

BMW will be "Lux Category Partner" for cab hailing service Ola.

Oct 25, 2016

Cyrus Mistry's removal from Tata Sons is likely to impact TCS, Tata Motors, Tata Steel shares on BSE, NSE

The Tata Group, which removed Cyrus Mistry from Tata Sons, has Sensex heavyweights TCS, Tata Motors and Tata Steel.

Oct 24, 2016

tata sons cyrus mistry chairman exits quits ratan tata interim head

Tata Sons removes Cyrus Mistry, appoints Ratan Tata as interim chief; speculations rife over his removal

Tata Sons announces Cyrus Mistry's exit and appoints Ratan Tata as interim head in a statement on Monday.

Oct 24, 2016

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PNB Housing Finance IPO: Angel Broking recommends 'subscribe' to Rs 3,000-crore issue

The IPO of PNB Housing Finance opens on Tuesday; the price band is Rs 750-775 per share.

Oct 24, 2016

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Articles by S V Krishnamachari

Banks in Karnataka to remain closed for four days from Saturday

7th Pay Commission: Union Cabinet approves 2% DA hike for Central Govt employees, pensioners

Maruti Suzuki posts 60% rise in Q2 net profit, sales up 29%

Apple's iPhone sales in India grew more than 50% in FY2016: Tim Cook

Office space absorption falls QoQ in September quarter: Colliers India

Tata Group shares could open with losses on Thursday; here is why

7th Pay Commission: Here is the lowest allowance likely to be abolished

Axis Bank leads Sensex fall of over 250 points; Tata Steel, Tata Motors extend losses

Samvat 2073: Top picks by Angel Broking, Kotak, Geojit BNP Paribas this Diwali

IRCTC issues dos and don'ts to passengers on e-tickets

Bharti Airtel admits to Reliance Jio effect on Q2 results

Tata Group files caveats against ousted Tata Sons chairman Cyrus Mistry

Adani Ports Q2 net profit up 61% on healthy cargo volumes; shares gain 11% on BSE

Ratan Tata-controlled trusts prematurely withdrew investments from Tata Sons: Report

India Inc. speculates on who would succeed Cyrus Mistry after his ouster from Tata Sons

Ratan Tata talks to CEOs, but Tata Steel on edge

BMW in tie-up with Ola for luxury rides

Cyrus Mistry's removal from Tata Sons is likely to impact TCS, Tata Motors, Tata Steel shares on BSE, NSE

Tata Sons removes Cyrus Mistry, appoints Ratan Tata as interim chief; speculations rife over his removal

PNB Housing Finance IPO: Angel Broking recommends 'subscribe' to Rs 3,000-crore issue

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'