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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Kotak Mutual Fund launches monthly redemption facility for investors

Investors can redeem 0.75 percent of their investments at the prevailing Net Asset Value (NAV) on a monthly basis.

Jun 30, 2016

Sensex gains 259 points to close at new 2016 high, find out why

The Sensex gained 259 points to close at 26,999.72 points on Thursday, marking a new 2016 high on a slew of global and domestic factors.

Jun 30, 2016

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Bosch shares rise 5% on buyback plan

Bosch informed the BSE that it will consider a proposal to buy back shares at its board meeting on July 11.

Jun 29, 2016

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Realty index outperforms Sensex, Nifty; DLF, Unitech, HDIL, Sobha rise sharply

DLF, Unitech, HDIL and Sobha shares rose 3 to 8.5 percent on Wednesday, apparently in response to pay commission news.

Jun 29, 2016

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7th Pay Commission: Cabinet approves salary, allowances hike for govt employees and pensioners

The Narendra Modi government, at a cabinet meeting on Wednesday, cleared the recommendations of the 7th Central Pay Commission.

Jun 29, 2016

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Quess Corp IPO: Thomas Cook subsidiary allocates 5.6 million shares to anchor investors

Fifteen anchor (institutional) investors have been allocated 5.6 million shares @ Rs. 317 per share by Quess Corp.

Jun 29, 2016

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Mahindra Partners invests in San Francisco-based scooter sharing company Scoot Networks

Scoot Networks provides electric scooters on rental basis and recently bought 500 such vehicles from Mahindra.

Jun 28, 2016

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Siemens wins STATCOM contract from Power Grid Corporation, shares rise 3%

The Indian arm of Munich-based Siemens AG will be installing STATCOM projects worth Rs. 570 crore for Power Grid Corporation.

Jun 28, 2016

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Deepak Premnarayen is new president of Indian Merchants' Chamber

Deepak Premnarayen is the executive chairman and founder of the ICS Group.

Jun 28, 2016

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7th Pay Commission: Approval of pay panel's salary hike proposals could trigger bull run on Wednesday

If government approves 7th CPC salary hike proposals for employees and pensioners, FMCG stocks are likely to gain on Wednesday.

Jun 28, 2016

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7th Pay Commission: Adi Godrej confident of consumption boost, RBI fears inflation

The implementation of the 7th Pay Commission would boost consumption, says Adi Godrej but RBI fears spike in inflation.

Jun 28, 2016

7th Pay Commission: Will trade unions accept the 23.5% salary hike likely to be approved by the Modi govt?

Trade unions like the RSS-affiliated BMS and others such as INTUC, CITU and AITUC could oppose the hike proposed by the pay commission.

Jun 28, 2016

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After Subramanian Swamy, Piyush Goyal makes a statement on tax rates

Power Minister Piyush Goyal made the state at an event organised by the ruling BJP on Monday.

Jun 28, 2016

Rupee opens with gains; Lupin, HUL lead Sensex rally, Tata Motors down 2%

The Indian rupee opened at 67.77 to the U.S. dollar on Tuesday; the BSE Sensex was up 55 points, led by Lupin and HUL.

Jun 28, 2016

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7th Pay Commission: Modi Govt likely to approve 23.5% hike on Wednesday; 1 crore employees and pensioners to benefit

The finance ministry's note on implementing the 7th Pay Commission proposals is ready, confirmed a senior official.

Jun 28, 2016

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Quess Corp IPO: Things to know before investing in the Thomas Cook subsidiary from Wednesday

Quess Corp is a staffing solutions company in which largest shareholder Thomas Cook (India) owns 69.5 percent stake.

Jun 27, 2016

HDFC Bank's Aditya Puri got more salary than ICICI Bank's Chanda Kochhar and Axis Bank's Shikha Sharma

The increase was also the highest (31 percent) for Aditya Puri when compared to Chanda Kochhar and Shikha Sharma.

Jun 27, 2016

Urjit Patel, Subir Gokarn, Arundhati Bhattarcharya, Rakesh Mohan in race to replace Rajan: Report

While Bhattarcharya heads State Bank of India, Patel is the deputy governor at RBI, a post that Mohan and Gokarn have held earlier.

Jun 27, 2016

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Markets shrug off Deutsche Bank's Brexit-induced Sensex downgrade, end on a flat note

The Sensex seem to be ignoring a 2,000-point downgrade by Deutsche Bank in the context of Brexit.

Jun 27, 2016

Bajaj Finserv rises 8% on report of stake buyout in insurance ventures from Allianz

The deal to buy out Allianz's stake in the two insurance joint ventures could cost Bajaj Finserv Rs. 10,000 crore, says a Mint report.

Jun 27, 2016

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Articles by S V Krishnamachari

Kotak Mutual Fund launches monthly redemption facility for investors

Sensex gains 259 points to close at new 2016 high, find out why

Bosch shares rise 5% on buyback plan

Realty index outperforms Sensex, Nifty; DLF, Unitech, HDIL, Sobha rise sharply

7th Pay Commission: Cabinet approves salary, allowances hike for govt employees and pensioners

Quess Corp IPO: Thomas Cook subsidiary allocates 5.6 million shares to anchor investors

Mahindra Partners invests in San Francisco-based scooter sharing company Scoot Networks

Siemens wins STATCOM contract from Power Grid Corporation, shares rise 3%

Deepak Premnarayen is new president of Indian Merchants' Chamber

7th Pay Commission: Approval of pay panel's salary hike proposals could trigger bull run on Wednesday

7th Pay Commission: Adi Godrej confident of consumption boost, RBI fears inflation

7th Pay Commission: Will trade unions accept the 23.5% salary hike likely to be approved by the Modi govt?

After Subramanian Swamy, Piyush Goyal makes a statement on tax rates

Rupee opens with gains; Lupin, HUL lead Sensex rally, Tata Motors down 2%

7th Pay Commission: Modi Govt likely to approve 23.5% hike on Wednesday; 1 crore employees and pensioners to benefit

Quess Corp IPO: Things to know before investing in the Thomas Cook subsidiary from Wednesday

HDFC Bank's Aditya Puri got more salary than ICICI Bank's Chanda Kochhar and Axis Bank's Shikha Sharma

Urjit Patel, Subir Gokarn, Arundhati Bhattarcharya, Rakesh Mohan in race to replace Rajan: Report

Markets shrug off Deutsche Bank's Brexit-induced Sensex downgrade, end on a flat note

Bajaj Finserv rises 8% on report of stake buyout in insurance ventures from Allianz

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'