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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L&T Infotech IPO: Company fixes price band as Rs. 705-710 per share; public issue opens on July 11

Larsen & Toubro holds about 95 percent stake in L&T Infotech, which is making public issue of 1.75 crore shares in an IPO.

Jul 5, 2016

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7th Pay Commission: Rail workers could be sacked, imprisoned if they join July 11 strike, says Railway Board

The Railway Board has said employees would face imprisonment, fines and even dismissal if they go on strike on July 11.

Jul 5, 2016

JP Associates spurts 38%, UltraTech Cement hits 52-week high on finalising deal

Shares of JP Associates and UltraTech Cement jumped on the BSE on Tuesday in response to the companies finalising the cement deal.

Jul 5, 2016

How Infosys, TCS, Wipro, Tech Mahindra are expected to perform in June quarter

Profit margins of Infosys and TCS are likely to be hit due to the salary hikes announced during the last quarter, while Wipro and Tech Mahindra are projected to lag in revenue growth.

Jul 4, 2016

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Hero Motocorp workers at Gurgaon unit to get salary hike

However, the hike of about Rs. 12,500 over three years, effective from August 2015, is lower than the Rs. 18,000 the workers were demanding.

Jul 4, 2016

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Kerosene deregulation buzz, price hike lift ONGC, HPCL, BPCL shares

State-run oil firms such as ONGC, Oil India, HPCL, BPCL and IOC rose on speculation of kerosene deregulation.

Jul 4, 2016

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Bank, IT stocks outperform Sensex; Zensar, Firstsource, Allahabad Bank, PNB major gainers

Shares of Zensar Technologies, Infosys, Tech Mahindra, Firstsource and Wipro gained on the BSE on Monday.

Jul 4, 2016

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Ford India exports rise sharply in June while others report decline or muted growth

Ford India car exports rose three-fold in June, while Maruti Suzuki, Hyundai, Toyota Kirloskar, Honda and Tata Motors reported mixed results.

Jul 2, 2016

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Birla Sun Life, SBI MF buy over 1.5 million shares of Shriram City Union Finance on BSE

Two mutual funds â€” SBI and Birla Sun Life â€” bought 1 million shares of Shriram City Union Finance at Rs. 1,630 per share.

Jul 2, 2016

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India's foreign exchange reserves fell $3 billion during Brexit week

Foreign exchange reserves of India declined $3.02 billion during the Brexit week ended June 24, RBI data shows.

Jul 1, 2016

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Jet fuel prices spike 25% in five months; aviation stocks fall, shares of IOC, BPCL, HPCL gain

The latest hike of 5.5 percent in jet fuel prices effective from Thursday midnight saw aviation stocks fall and oil marketing companies gain.

Jul 1, 2016

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Quess Corp IPO: Public issue oversubscribed 144 times, shares likely to list at a premium on BSE

The Rs 400 crore IPO of Quess Corp has been oversubscribed 144 times; the offer closed on Friday (July 1).

Jul 1, 2016

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Gold prices rise 5% in June on safe-haven demand; Sensex gains 1.25%

Gold prices saw huge volatility in June due to Brexit fears, while Sensex rebounded during the later days of the month.

Jul 1, 2016

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India: Factory output growth at 3-month high on new orders, export rebound

Factory output growth in India rose to a three-month high on the back of rise in new domestic and export orders.

Jul 1, 2016

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Two wheeler sales: How Royal Enfield, TVS Motor performed in June

Royal Enfield motorcycle sales rose 36 percent in June, while TVS Motor sales increased 7 percent.

Jul 1, 2016

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Intellect Design Arena set to gain from higher IT spend by global banks: Analyst

Intellect Design Arena is expected from the IT spend by global banks, says HDFC Securities.

Jul 1, 2016

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Mahanagar Gas shares list at a huge premium, JP Asso plunges on SDR setback

Mahanagar Gas Limited (MGL) shares listed at about 30 premium on the BSE. JP Associates is likely to be taken over by lenders.

Jul 1, 2016

Cars domestic car sales sale of cars in India

Domestic car sales: How Maruti Suzuki, Hyundai, Renault, Toyota Kirloskar, Mahindra, Honda performed in June

Maruti Suzuki, Toyota Kirloskar Motors (TKM), Renault, Hyundai, Honda and Mahindra have reported monthly car sales data for June 2016.

Jul 1, 2016

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Domestic car sales in June: Maruti Suzuki, Tata Motors, Mahindra, Ashok Leyland shares to remain in focus on Friday

Maruti Suzuki, Hyundai, Ford, Renault, Honda, Mahindra, Tata Motors, Ashok Leyland and Eicher Motors will be announcing June volume sales data on Friday.

Jun 30, 2016

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Monsoon gains momentum, keeps hopes alive for agriculture, industry

The June to September monsoon rainfall is crucial to Indian agriculture and in turn drives rural demand for consumer goods.

Jun 30, 2016

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Articles by S V Krishnamachari

L&T Infotech IPO: Company fixes price band as Rs. 705-710 per share; public issue opens on July 11

7th Pay Commission: Rail workers could be sacked, imprisoned if they join July 11 strike, says Railway Board

JP Associates spurts 38%, UltraTech Cement hits 52-week high on finalising deal

How Infosys, TCS, Wipro, Tech Mahindra are expected to perform in June quarter

Hero Motocorp workers at Gurgaon unit to get salary hike

Kerosene deregulation buzz, price hike lift ONGC, HPCL, BPCL shares

Bank, IT stocks outperform Sensex; Zensar, Firstsource, Allahabad Bank, PNB major gainers

Ford India exports rise sharply in June while others report decline or muted growth

Birla Sun Life, SBI MF buy over 1.5 million shares of Shriram City Union Finance on BSE

India's foreign exchange reserves fell $3 billion during Brexit week

Jet fuel prices spike 25% in five months; aviation stocks fall, shares of IOC, BPCL, HPCL gain

Quess Corp IPO: Public issue oversubscribed 144 times, shares likely to list at a premium on BSE

Gold prices rise 5% in June on safe-haven demand; Sensex gains 1.25%

India: Factory output growth at 3-month high on new orders, export rebound

Two wheeler sales: How Royal Enfield, TVS Motor performed in June

Intellect Design Arena set to gain from higher IT spend by global banks: Analyst

Mahanagar Gas shares list at a huge premium, JP Asso plunges on SDR setback

Domestic car sales: How Maruti Suzuki, Hyundai, Renault, Toyota Kirloskar, Mahindra, Honda performed in June

Domestic car sales in June: Maruti Suzuki, Tata Motors, Mahindra, Ashok Leyland shares to remain in focus on Friday

Monsoon gains momentum, keeps hopes alive for agriculture, industry

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'