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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Foreign investors likely to extend sell-off on Monday, drag Sensex, Nifty

However, a surprise Sensex rally is also a possibility if investors shrug off Brexit on Monday, just as they ignored Rexit.

Jun 26, 2016

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Indiabulls Housing Finance to raise Rs. 300 crore via debt

Non-convertible debentures with face value of Rs. 1 lakh each aggregating Rs. 300 crore will be issued on private placement basis.

Jun 25, 2016

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Infosys, Wipro shares fall more sharply on Nasdaq than on BSE

The drop in American depositary shares of Infosys and Wipro was higher than the fall on the BSE; DJIA, S&P lost heavily.

Jun 25, 2016

Britain's credit rating slashed to 'negative' by Moody's, borrowing costs likely to rise

The slashing of Britain's rating from "stable" to "negative" would raise interest rates for business, government and households.

Jun 25, 2016

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Tata Steel, Tata Motors, Maruti Suzuki among worst-hit due to Britain leaving EU: Analyst

Tata Steel UK has a high exposure in Europe, a stronger yen is bad for Maruti Suzuki and JLR sales could face problems.

Jun 25, 2016

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Thomas Cook suspends online currency sales; Indians stand to gain from pound devaluation

The unexpected rise in demand for euros is an outcome of panic euro buying by British people after Brexit results.

Jun 24, 2016

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Indian stock markets' overreaction to Brexit unwarranted, says advisory firm

With its low share in India's exports and foreign direct investment, Europe does not matter much to India, said advisory firm Equinomics.

Jun 24, 2016

Raghuram Rajan says strong fundamentals put India on firm footing despite Brexit

The Indian economy has good fundamentals, low short term external debt, and sizeable foreign reserves, said the RBI chief.

Jun 24, 2016

Brexit: FM Arun Jaitley says India 'prepared' to face consequences [FULL TEXT]

India is prepared to face the fallout of Britain voting to leave the 28-member EU in Thursday's referendum.

Jun 24, 2016

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Gold prices rise almost 6% to hit 3-year high tracking global cues, weak rupee on Britain leaving EU

Gold prices spurted to a three-year-high of Rs. 31,708 in line with the fall in Indian rupee and increase in overseas markets.

Jun 24, 2016

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Sensex recovers almost 500 points from day's low, Tata Motors biggest loser

The benchmark index closed at 26,398, down 605 points, as against initial loss of over 1,000 points in early trade.

Jun 24, 2016

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Mahanagar Gas IPO: Shares likely to be listed at a premium on exchanges

The Rs. 1,040 crore initial public offering (IPO) of Mahanagar Gas was oversubscribed 64 times.

Jun 23, 2016

JSW Ventures gets Sebi nod to invest in start-ups, JSW Holdings rises 15% on BSE

JSW Ventures is the venture capital arm of the $11 billion JSW Group that has interests in cement, steel and energy.

Jun 23, 2016

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Arvind Kejriwal used 'foul language', allege Delhi Jal Board employees; demand apology

The incident occurred during a review meeting of the Delhi Jal Board by Delhi CM Arvind Kejriwal on Wednesday.

Jun 23, 2016

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Brexit or Bremain, EU members are already feeling the referendum heat: Report

A poll conducted recently stated that more than half of the citizens of Sweden, Denmark and Norway fear more countries could leave the EU.

Jun 23, 2016

Textile policy 2016: Cotton production holds the key to Modi government's export push

Cotton-based goods accounted for almost 90 percent of India's total textile exports of about $40 billion in 2015-16.

Jun 23, 2016

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Brexit: UBS warns of up to Â£350 billion loss in market capitalisation

In a note, Swiss financial services firm UBS said the London Stock Exchange's FTSE would gain if Britain decides to stay with EU.

Jun 22, 2016

vistara airasia india aviation policy india domestic air traffic Phee Teik Yeoh

Vistara plans to commence international services by June 2018

Phee Teik Yeoh, CEO of Vistara, gave the tentative deadline in two separate interviews.

Jun 22, 2016

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7th Pay Commission: These Central govt employees see hope after meeting with FM Arun Jaitley

The 7th pay commission recommendations for government doctors could undergo an upward revision after the "assurance" apparently given by the finance minister.

Jun 22, 2016

SoftBank appoints telecom operations head Ken Miyauchi in place of Nikesh Arora

Nikesh Arora quit SoftBank as president and COO on Tuesday but will continue for a month in an advisory role.

Jun 22, 2016

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Articles by S V Krishnamachari

Foreign investors likely to extend sell-off on Monday, drag Sensex, Nifty

Indiabulls Housing Finance to raise Rs. 300 crore via debt

Infosys, Wipro shares fall more sharply on Nasdaq than on BSE

Britain's credit rating slashed to 'negative' by Moody's, borrowing costs likely to rise

Tata Steel, Tata Motors, Maruti Suzuki among worst-hit due to Britain leaving EU: Analyst

Thomas Cook suspends online currency sales; Indians stand to gain from pound devaluation

Indian stock markets' overreaction to Brexit unwarranted, says advisory firm

Raghuram Rajan says strong fundamentals put India on firm footing despite Brexit

Brexit: FM Arun Jaitley says India 'prepared' to face consequences [FULL TEXT]

Gold prices rise almost 6% to hit 3-year high tracking global cues, weak rupee on Britain leaving EU

Sensex recovers almost 500 points from day's low, Tata Motors biggest loser

Mahanagar Gas IPO: Shares likely to be listed at a premium on exchanges

JSW Ventures gets Sebi nod to invest in start-ups, JSW Holdings rises 15% on BSE

Arvind Kejriwal used 'foul language', allege Delhi Jal Board employees; demand apology

Brexit or Bremain, EU members are already feeling the referendum heat: Report

Textile policy 2016: Cotton production holds the key to Modi government's export push

Brexit: UBS warns of up to Â£350 billion loss in market capitalisation

Vistara plans to commence international services by June 2018

7th Pay Commission: These Central govt employees see hope after meeting with FM Arun Jaitley

SoftBank appoints telecom operations head Ken Miyauchi in place of Nikesh Arora

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'