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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State Bank of Mysore shares spurt 35% in 3 months

The Bengaluru-based bank had on May 17 informed the BSE of that its board approved the merger with State Bank of India.

Aug 15, 2016

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Falling gold imports is bad news for India

Though gold imports through official channels fell 52 percent for the April-July 2016 period, "unofficial" buying spurted even higher, hinting at smuggling.

Aug 13, 2016

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'Aap jaisa koi meri zindagi mein...' singer Nazia Hassan died this day

Nazia Hassan, pop queen and "aap jaisa koi meri zindagi mein..." singer, died on Aug. 13, 2000

Aug 13, 2016

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Brexit is win-win for India-UK ties, says UK minister Priti Patel

Priti Patel, Secretary of State for International Development, U.K., is on an official visit to India to strengthen ties.

Aug 13, 2016

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Sensex, Nifty poised for volatile trading next week over divergent triggers

The positive news of SC lifting the ban on sale of diesel cars in Delhi is likely to be negated by galloping retail inflation for July at 6.07 percent.

Aug 13, 2016

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Ticketless travel continues to bleed Indian Railways

The menace of ticketless travel is spread across India, as revealed by periodical checks and penalty collected by the Indian Railways.

Aug 12, 2016

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Assam becomes first state to ratify GST Bill; CM Sonowal calls it 'historic'

The BJP-led alliance government in Assam under CM Sarbananda Sonowal became the first state to pass the GST Amendment Bill.

Aug 12, 2016

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Pax Global Technology CFO kicks out Macquarie analyst during earnings briefing

CFO Chris Lee of Hong Kong-based Pax Global Technology was angry with Macquarie analyst Timothy Lam for downgrading the firm's stock.

Aug 12, 2016

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Prestige Estates plans business restructuring

Bengaluru-based real estate firm Prestige Estates informed BSE that it has formed a committee to explore business restructuring.

Aug 12, 2016

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Sensex rises almost 300 points, Aditya Birla Nuvo falls 25%; SBI to declare Q1 results

The 30-scrip benchmark index, Sensex, was up almost 300 points in early trade; SBI will be declaring its results later in the day.

Aug 12, 2016

7th Pay Commission: Central government employees can expect revised allowances by November

Finance Minister Arun Jaitley informed the Rajya Sabha about the panel to examine the allowances proposed by the 7th Pay Commission.

Aug 11, 2016

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Aditya Birla Nuvo to merge with Grasim; financial services business to be merged with Aditya Birla Financial Services

The boards of Aditya Birla Nuvo and Grasim approved to merge into one entity; Aditya Birla Financial Services to list separately.

Aug 11, 2016

IDBI Bank posts net profit in June quarter on huge tax write-back; shares gain

Without the tax write-back of Rs. 1,206 crore, IDBI Bank would have posted a loss of Rs. 965 crore for the quarter.

Aug 11, 2016

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Illegal construction in Bangalore: Demolition drive pits Constitutional right to property against powers of BBMP

The BBMP uses Section 288D of Karnataka Municipal Corporations Act to demolish structures, experts cite 300A of Constitution to counter it.

Aug 11, 2016

Pakistan International Airlines air hostesses all set to go glamorous in new, chic uniform

The new uniform for PIA air hostesses has been designed by Nomi Ansari and will be worn from August 14 on PIA Premier.

Aug 11, 2016

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Bank of Baroda shares fall 10% over sharp decline in June quarter net profit

Bank of Baroda reported a 60 percent fall in Q1 net profit, leading to its shares plunging almost 10 percent on the BSE.

Aug 11, 2016

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Pay commission bonanza and Independence Day effect: People plan trips to enjoy extended weekend

The salary hike to government employees, courtesy pay commission proposals, coupled with long weekend due to Independence Day holiday is good news for all.

Aug 10, 2016

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BSE standalone income, net profit fall in June quarter; Asia's oldest stock exchange gears up for IPO

The BSE's standalone net profit for Q1 stood at Rs. 45.49 crore, down from Rs. 70.47 crore in the corresponding quarter last year.

Aug 10, 2016

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RBL Bank IPO: Price band, issue period, bid lot, QIB, retail portion finalised

The Rs. 1,200 crore public issue (IPO) of private lender RBL Bank opens four days after Independence Day.

Aug 10, 2016

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Markets heading towards 'gut wrenching drop', says Marc Faber

In a TV interview, investor Marc Faber says the fall in stock prices would "rival the greatest crashes" in the history of stock markets.

Aug 10, 2016

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Articles by S V Krishnamachari

State Bank of Mysore shares spurt 35% in 3 months

Falling gold imports is bad news for India

'Aap jaisa koi meri zindagi mein...' singer Nazia Hassan died this day

Brexit is win-win for India-UK ties, says UK minister Priti Patel

Sensex, Nifty poised for volatile trading next week over divergent triggers

Ticketless travel continues to bleed Indian Railways

Assam becomes first state to ratify GST Bill; CM Sonowal calls it 'historic'

Pax Global Technology CFO kicks out Macquarie analyst during earnings briefing

Prestige Estates plans business restructuring

Sensex rises almost 300 points, Aditya Birla Nuvo falls 25%; SBI to declare Q1 results

7th Pay Commission: Central government employees can expect revised allowances by November

Aditya Birla Nuvo to merge with Grasim; financial services business to be merged with Aditya Birla Financial Services

IDBI Bank posts net profit in June quarter on huge tax write-back; shares gain

Illegal construction in Bangalore: Demolition drive pits Constitutional right to property against powers of BBMP

Pakistan International Airlines air hostesses all set to go glamorous in new, chic uniform

Bank of Baroda shares fall 10% over sharp decline in June quarter net profit

Pay commission bonanza and Independence Day effect: People plan trips to enjoy extended weekend

BSE standalone income, net profit fall in June quarter; Asia's oldest stock exchange gears up for IPO

RBL Bank IPO: Price band, issue period, bid lot, QIB, retail portion finalised

Markets heading towards 'gut wrenching drop', says Marc Faber

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'