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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Saudi oil minister Khalid al-Falih delivers mild shocker to India

Khalid al-Falih says the "current cycle" of falling crude prices is almost ending, spelling disaster from inflation viewpoint for India.

Oct 24, 2016

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Axis Bank shares subdued ahead of Q2 results

Private sector lender Axis Bank is the third-largest in the private banking space, after ICICI Bank and HDFC Bank.

Oct 24, 2016

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SGX brokers struggle to survive as trading volumes fall sharply

SGX posted 16 percent fall in net profit to S$83 million in Q1, FY2017 while CEO Loh Boon Chye warns of low trading volumes ahead.

Oct 24, 2016

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BDO Nomura launches online trading platform on Philippine Stock Exchange

BDO is the largest bank in the Philippines, while Nomura is an Asia-headquartered financial services group.

Oct 24, 2016

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Wipro shares fall sharply over Q2 results; ICICI Bank rallies

Bengaluru-based Wipro reported a 7.6% fall in Q2 net profit; ICICI Bank saw repayment of loans by Essar Group after the $12.9 billion Essar Oil-Rosneft deal.

Oct 24, 2016

Singapore Exchange Q1 net profit falls 16% on lower market activities

SGX CEO Loh Boon Chye also warned of low trading volumes ahead.

Oct 23, 2016

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Stocks in focus: ICICI Bank, Axis Bank, Wipro, ITC, RIL; muhurat trading on October 30

Wipro, Axis Bank, Airtel, RIL, Essar and ICICI Bank witnessed major developments; muhurat trading is on October 30.

Oct 23, 2016

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Essar repays loans to ICICI Bank, Axis Bank, Standard Chartered Bank

While, ICICI Bank and Axis Bank together got about $450 million, Standard Chartered Bank was paid $2.1 billion.

Oct 23, 2016

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GMR Group's Delhi International Airport raises $522 million in debt

The money raised by DIAL will be utilised to refinance current rupee debt, according to GMR Group.

Oct 23, 2016

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British American Tobacco in $47 billion bid to create world's largest tobacco company

BAT is offering $56.50 per share to Reynolds's investors, enabling it to increase its stake from the current 42.2 percent to 100 percent.

Oct 23, 2016

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AT&T acquires Time Warner for $85 billion; Jeff Bewkes calls it 'natural fit'

AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share.

Oct 23, 2016

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SpiceJet shares spurt 229% since Ajay Singh took over in January 2015

Low-cost carrier SpiceJet posts PLF of over 90 per cent for 17th month in September, even as share price gains sharply.

Oct 22, 2016

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Sovereign Gold Bond Scheme: RBI offers 'Diwali' discount, cuts interest in sixth tranche

The price per gram of gold is Rs 2,957 after discount while the interest rate has been reduced to 2.50 percent from 2.75 percent.

Oct 22, 2016

Bharti Airtel, Vodafone, Idea Cellular face Rs 3,050 crore penalty over Reliance Jio interconnection row

Telecom regulator TRAI recommends fine on the operators for denying Reliance Jio enough interconnection points.

Oct 22, 2016

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

PNB Housing IPO: Details of Rs 3,000 crore public issue that opens on Tuesday

The price band for the initial public offering (IPO) of PNB Housing Finance is Rs 750-775 per Rs 10 equity share.

Oct 22, 2016

wipro q2 results q1 revenue guidance share price net profit nyse adr listing closing price share price nse bse sensex nifty guidance net profit it dividend

Wipro ADRs fall 1.41% on NYSE over weak Q2 results, Q3 guidance

The Q3 guidance is flat at $1,1916-1,955 million, while Q2 net profit fell 7.6% YoY to Rs 2,070 crore, leading to ADR losing on NYSE.

Oct 22, 2016

rbi head office reserve bank of india notes currency denomination 2000 1000 500 100 mysuru

Reserve Bank of India to issue Rs 2,000 notes soon: Report [Image of note]

The Rs 2,000 currency notes have already been printed and will be in circulation shortly.

Oct 22, 2016

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Wipro reports 7.6% fall in Q2 net profit, misses IT revenue guidance; Q3 outlook at $1,916-1,955 million

Net profit came in at Rs 2,070 crore; total revenues increased 10.5 percent; Q3 IT revenue guidance is muted, says Wipro.

Oct 21, 2016

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Reliance Jio to gain less than 2% revenue market share in 2017: Fitch

Vodafone India, Idea Cellular and Rcom/Aircel will gain market share but Reliance Jio will largely be a disruptor, says Fitch.

Oct 21, 2016

State Bank of India to issue fresh debit cards within 10 days

Over 6 lakh debit cards were blocked by State Bank of India following massive security breach, compromising data.

Oct 21, 2016

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Articles by S V Krishnamachari

Saudi oil minister Khalid al-Falih delivers mild shocker to India

Axis Bank shares subdued ahead of Q2 results

SGX brokers struggle to survive as trading volumes fall sharply

BDO Nomura launches online trading platform on Philippine Stock Exchange

Wipro shares fall sharply over Q2 results; ICICI Bank rallies

Singapore Exchange Q1 net profit falls 16% on lower market activities

Stocks in focus: ICICI Bank, Axis Bank, Wipro, ITC, RIL; muhurat trading on October 30

Essar repays loans to ICICI Bank, Axis Bank, Standard Chartered Bank

GMR Group's Delhi International Airport raises $522 million in debt

British American Tobacco in $47 billion bid to create world's largest tobacco company

AT&T acquires Time Warner for $85 billion; Jeff Bewkes calls it 'natural fit'

SpiceJet shares spurt 229% since Ajay Singh took over in January 2015

Sovereign Gold Bond Scheme: RBI offers 'Diwali' discount, cuts interest in sixth tranche

Bharti Airtel, Vodafone, Idea Cellular face Rs 3,050 crore penalty over Reliance Jio interconnection row

PNB Housing IPO: Details of Rs 3,000 crore public issue that opens on Tuesday

Wipro ADRs fall 1.41% on NYSE over weak Q2 results, Q3 guidance

Reserve Bank of India to issue Rs 2,000 notes soon: Report [Image of note]

Wipro reports 7.6% fall in Q2 net profit, misses IT revenue guidance; Q3 outlook at $1,916-1,955 million

Reliance Jio to gain less than 2% revenue market share in 2017: Fitch

State Bank of India to issue fresh debit cards within 10 days

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'