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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Bullish July car sales data fails to drive share prices of Maruti, Tata Motors, Mahindra

July car sales data released by Siam showed 9.62 percent increase, but that did not lift Maruti, Tata Motors, Mahindra share prices.

Aug 10, 2016

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Illegal construction in Bangalore: Developers in firing line after home buyers, BBMP officials

A government report by K B Koliwad MLA in January had identified Sobha, Prestige among real estate companies encroaching lakebeds and public land.

Aug 10, 2016

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Hero Motocorp reappoints Pawan Munjal as CMD for five years

Pawan Munjal's current term ends on Sept. 30, 2016; it has been extended by five years by Hero Motocorp.

Aug 9, 2016

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Income tax officials recover unaccounted wealth worth Rs. 130 crore during raid on AAP MLA Kartar Singh Tanwar's house

The income tax department recovered unaccounted wealth worth Rs. 130 crore during a raid on AAP MLA Tanwar's residence on Tuesday.

Aug 9, 2016

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BSE, IIT Kanpur tie up for strong cyber security measures in financial markets

The Bombay Stock Exchange (BSE) agreement with IIT Kanpur will address cyber security and related areas.

Aug 9, 2016

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7th Pay Commission: How India Inc. could benefit from salary hike to Central govt employees

The hike could benefit firms dealing in phones, vehicles and home appliances, shows a Tata Strategic Management Group study.

Aug 9, 2016

RBI monetary policy statement impact: Sensex down but bank stocks gain after Rajan leaves repo rate unchanged

Stock markets did not react much to RBI chief Rajan's decision to leave repo rate unchanged. But bank stocks gained marginally.

Aug 9, 2016

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Rail, general budget merger proposal being examined, says finance ministry official

A Union Finance Ministry official said the Central government has already started examining the possible merger of rail and general budgets.

Aug 8, 2016

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Bengaluru leads in launch of new residential properties during June quarter: Colliers India

Colliers India said Bengaluru (Bangalore) accounted for about 48 percent of 24,000 residential units launched in June quarter.

Aug 8, 2016

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Delhi High Court to hear SpiceJet dispute with KAL and Kalanithi Maran over share warrants today

The dispute between SpiceJet and its former owners â€” KAL Airways and Kalanithi Maran â€” pertains to non-issuance of share warrants.

Aug 8, 2016

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HPCL, BPCL, IOC shares gain on BSE after brokerage estimates further upside on upbeat earnings

In a note, Nomura Global Markets Research said state-run HPCL, BPCL, IOC are in for better times ahead, lifting their share prices on BSE.

Aug 8, 2016

RBI policy meet on Aug. 9 to guide stock markets next week

Indian stock markets would be driven largely by the RBI's stance on rate cut at the policy meet scheduled to be held on Aug. 9.

Aug 6, 2016

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Saudi envoy to India says 2,500 and not 10,000 Indians stranded; Modi govt launches 4-pronged effort

Saudi Arabia's ambassador to India, Saud Bin Mohammed Al Sati, says the lay-offs do not reveal a pattern, even as India launches 4-pronged effort.

Aug 6, 2016

7th Pay Commission: Govt issues notification on hike for pensioners, finally

After keeping about 52 lakh pensioners guessing, the Modi government finally cleared the hike as proposed by the 7th Central Pay Commission.

Aug 6, 2016

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PVR, Inox Leisure shares flare up on hopes of GST to be lower than entertainment tax

A GST rate of about 18 percent is expected to improve profit margins of PVR, Inox Leisure, say analysts.

Aug 6, 2016

Subir Gokarn meets RBI governor Raghuram Rajan, triggers speculation: Report

Former deputy governor of RBI Subir Gokarn's purported meeting with RBI chief Raghuram Rajan on Friday has triggered speculation.

Aug 6, 2016

Mutual funds: Some transactions in DSP BlackRock Micro Cap Fund temporarily suspended

Certain transactions have been suspended fearing possibility that large inflows may prove detrimental to investors' interests.

Aug 6, 2016

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Haj 2016: More than 1.35 lakh Indian Muslims to undertake pilgrimage to Mecca

This year, about 1.35 lakh Indian Muslims will be undertaking the pilgrimage to Mecca and Madina, according to government data.

Aug 4, 2016

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GST Bill: How 'one nation one tax' law would affect people from April next year

The Goods and Services Tax won't be a win-win for all when it presumably comes into effect from April 1, 2017.

Aug 4, 2016

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GST Bill: What foreign media had to say about 'one nation, one tax' legislation

Many prominent newspapers and channels covered the passage of the GST Bill on Wednesday, seen as key to Modi's economic reforms.

Aug 4, 2016

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Articles by S V Krishnamachari

Bullish July car sales data fails to drive share prices of Maruti, Tata Motors, Mahindra

Illegal construction in Bangalore: Developers in firing line after home buyers, BBMP officials

Hero Motocorp reappoints Pawan Munjal as CMD for five years

Income tax officials recover unaccounted wealth worth Rs. 130 crore during raid on AAP MLA Kartar Singh Tanwar's house

BSE, IIT Kanpur tie up for strong cyber security measures in financial markets

7th Pay Commission: How India Inc. could benefit from salary hike to Central govt employees

RBI monetary policy statement impact: Sensex down but bank stocks gain after Rajan leaves repo rate unchanged

Rail, general budget merger proposal being examined, says finance ministry official

Bengaluru leads in launch of new residential properties during June quarter: Colliers India

Delhi High Court to hear SpiceJet dispute with KAL and Kalanithi Maran over share warrants today

HPCL, BPCL, IOC shares gain on BSE after brokerage estimates further upside on upbeat earnings

RBI policy meet on Aug. 9 to guide stock markets next week

Saudi envoy to India says 2,500 and not 10,000 Indians stranded; Modi govt launches 4-pronged effort

7th Pay Commission: Govt issues notification on hike for pensioners, finally

PVR, Inox Leisure shares flare up on hopes of GST to be lower than entertainment tax

Subir Gokarn meets RBI governor Raghuram Rajan, triggers speculation: Report

Mutual funds: Some transactions in DSP BlackRock Micro Cap Fund temporarily suspended

Haj 2016: More than 1.35 lakh Indian Muslims to undertake pilgrimage to Mecca

GST Bill: How 'one nation one tax' law would affect people from April next year

GST Bill: What foreign media had to say about 'one nation, one tax' legislation

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'