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

may 2017 inflation, may 2017 retail inflation, april 2017 iip, theresa may, nirmal bang inflation forecast, india forex reserves, india news, indian stock markets

Retail inflation likely to drop further for May, factory output for April likely to fall sharply: Nirmal Bang

Factory output (IIP) is expected to fall to 1.2 percent for April while retail inflation would come at 2.3 percent for May, says Nirmal Bang economist.

Jun 9, 2017

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Five takeaways from Supreme Court order on linking Aadhaar with PAN

In a partial relief, the Supreme Court held that not linking PAN with Aadhaar will not lead to criminal consequences.

Jun 9, 2017

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Infosys, Wipro investors bear the brunt of media speculation over stake sale, downgrade hits TCS

Share prices of Infosys and Wipro have dropped on account of stake sale rumours while TCS is down due to downgrade by Nomura.

Jun 9, 2017

mohandas pai, kiran mazumdar shaw, harsh goenka, harsh mariwala, india inc

IT layoffs: Mohandas Pai says graduation in engineering not enough to land a job

IT companies would prefer candidates with post-graduation and expertise, says former Infosys CFO Mohandas Pai.

Jun 8, 2017

daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports

Petrol, diesel prices to change daily from June 16

Daily price scheme for petrol and diesel has been in force in select cities since May 1, this will now be extended across India from next Friday.

Jun 8, 2017

TCS shares crash after Nomura, Nirmal Bang downgrade; Sun Pharma, Tata Steel, Dr Reddy's Labs gain

Nomura has a target price of Rs 2,200 and Nirmal Bang Institutional Equities, Rs 1,996.

Jun 8, 2017

rbi mpc meeting, rbi repo rate, rbi governor urjit patel, rbi deputy governor, rbi slr, rbi growth rate projection

RBI voices concern over farm loan waiver again; BofA Merrill Lynch says write-offs could reach $40 billion by 2019

Uttar Pradesh waived farm loans worth Rs 36,000 crore while Maharashtra also intends to write off agri loans of about Rs 30,000 crore, raising alarm in RBI.

Jun 7, 2017

cash, money, atm, layoffs, salary, hike, money, mutual funds, employees, hiring, it jobs, it hiring, tcs, wipro, infosys, tech mahindra

7th Pay Commission: Ashok Lavasa report on allowances was not part of Wednesday's agenda, says report

The Union Cabinet did not take up the issue of raising HRA and other allowances of Central government employees as proposed by the pay commission.

Jun 7, 2017

yes bank, yes bank under reported npas, bad loans of yes bank, yes bank share price, yes bank annual report

Yes Bank gets shareholder nod to raise Rs 20,000 crore

The approval came at the 13th annual general meeting of the bank held on Tuesday in Mumbai.

Jun 7, 2017

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RBI leaves repo rate unchanged at 6.25%, revises FY2018 growth rate downwards to 7.3% [Watch Urjit Patel's media interaction]

The Monetary Policy Committee meeting of the RBI retains repo rate at 6.25 percent and estimates GVA for 2017-18 at 7.3 percent.

Jun 7, 2017

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'I told you so,' says former PM Manmohan Singh on Modi's note ban decision slowing down growth rate

Former Prime Minister Dr Manmohan Singh holds successor Narendra Modi's demonetisation decision responsible for the economic slowdown.

Jun 7, 2017

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IT stocks fall after Infosys COO Pravin Rao's comment on IT spend by clients; Sensex flat ahead of RBI policy meet

In an interview, Infosys COO Pravin Rao that clients are likely to slash their IT spend sharply, triggering a fall in share prices of Wipro, Infosys, TCS, Tech Mahindra.

Jun 7, 2017

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Infosys says COO Pravin Rao's statement on client spending 'misrepresented'

A TV channel had quoted Infosys COO Pravin Rao as saying that clients are asking IT companies to execute projects for 25-30 percent less.

Jun 7, 2017

ICICI Bank yet to respond to Rs 48 crore loss caused by NDTV's Prannoy and Radhika Roy

ICICI Bank's agreeing to foreclose a loan taken by Prannoy Roy, his wife Radhika Roy and their company, RRPR Holdings Pvt Ltd. Led to a Rs 48 crore loss, says CBI.

Jun 6, 2017

gst on printers, gst on data cable, gst on monitors, gst on pcs, gst on laptops, mait on gst, mait president Nitin Kunkolienker

GST on printers, monitors be brought down to remove confusion, says MAIT

The GST Council has fixed 18 percent tax rate on laptops and desktops, and 28 percent on printers and monitors, creating ambiguity, according to MAIT.

Jun 6, 2017

ndtv, prannoy roy, cbi raids on ndtv, icici bank ndtv case, money laundering, media vendetta, modi govt, bjp and ndtv

Interesting facts about Prannoy Roy's news channel NDTV, its journalists and alleged irregularities

News channel NDTV's promoter Prannoy Roy's residence was raided by CBI for 'irregularities' in ICICI Bank matter; here is a look at the channel, its directors, share price, appointment of journalists.

Jun 6, 2017

Infosys, TCS, Wipro, HCL Technologies gain sharply; more about CBI raids on NDTV case first exposed in December 2010

TCS, Infosys, HCL Technologies, Tech Mahindra and Wipro rally; fresh revelation in NDTV ICICI Bank case first exposed by Modi minister M J Akbar.

Jun 6, 2017

rbi, new rs 200 note, rs 200 note printing, rbi updates on currency, modi govt

RBI's Monetary Policy Committee meeting: Experts at DBS Bank, Kotak Mahindra Bank, Orbis Economics say rate cut unlikely

The RBI's MPC will be meeting for the first time this fiscal on Tuesday in the backdrop of record low inflation and weak Q4 GDP numbers.

Jun 5, 2017

saudi aramco, aramco ipo, aramco public issue

Crude oil prices rise marginally after Gulf countries snap ties with Qatar

Saudi Arabia, Bahrain, Egypt and UAE severed diplomatic ties with Qatar on Monday for its alleged links with Al-Qaeda and ISIS, impacting crude oil prices.

Jun 5, 2017

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

The salary hike for offshore Wipro employees was 9.5 percent last year as against 5 percent this year effective from June 1.

Jun 5, 2017

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Articles by S V Krishnamachari

Retail inflation likely to drop further for May, factory output for April likely to fall sharply: Nirmal Bang

Five takeaways from Supreme Court order on linking Aadhaar with PAN

Infosys, Wipro investors bear the brunt of media speculation over stake sale, downgrade hits TCS

IT layoffs: Mohandas Pai says graduation in engineering not enough to land a job

Petrol, diesel prices to change daily from June 16

TCS shares crash after Nomura, Nirmal Bang downgrade; Sun Pharma, Tata Steel, Dr Reddy's Labs gain

RBI voices concern over farm loan waiver again; BofA Merrill Lynch says write-offs could reach $40 billion by 2019

7th Pay Commission: Ashok Lavasa report on allowances was not part of Wednesday's agenda, says report

Yes Bank gets shareholder nod to raise Rs 20,000 crore

RBI leaves repo rate unchanged at 6.25%, revises FY2018 growth rate downwards to 7.3% [Watch Urjit Patel's media interaction]

'I told you so,' says former PM Manmohan Singh on Modi's note ban decision slowing down growth rate

IT stocks fall after Infosys COO Pravin Rao's comment on IT spend by clients; Sensex flat ahead of RBI policy meet

Infosys says COO Pravin Rao's statement on client spending 'misrepresented'

ICICI Bank yet to respond to Rs 48 crore loss caused by NDTV's Prannoy and Radhika Roy

GST on printers, monitors be brought down to remove confusion, says MAIT

Interesting facts about Prannoy Roy's news channel NDTV, its journalists and alleged irregularities

Infosys, TCS, Wipro, HCL Technologies gain sharply; more about CBI raids on NDTV case first exposed in December 2010

RBI's Monetary Policy Committee meeting: Experts at DBS Bank, Kotak Mahindra Bank, Orbis Economics say rate cut unlikely

Crude oil prices rise marginally after Gulf countries snap ties with Qatar

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

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'