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

cbdt, finance ministry, north block, income tax, apa, agreements on taxation, india news

7th Pay Commission: Govt employees may get 30% more than recommended by panel

The panel formed to oversee implementations of the 7th CPC proposals is expected to meet on Monday or Tuesday.

Jun 13, 2016

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Fortis Healthcare shares crash on Rs. 500 crore penalty; Sensex narrows loss to close 239 points down

A Fortis Healthcare subsidiary has been asked to pay Rs. 503 crore by the Delhi government for alleged land allotment violation.

Jun 13, 2016

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Air ticket cancellation, refunds, compensation set to become passenger-friendly

Passengers can look forward to quicker refunds, higher refund amount and better compensation when boarding is denied.

Jun 11, 2016

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Prostitution verdict puts lawmakers, judiciary at loggerheads in Israel

Judge Itai Hermelin's ruling, blocking the state from closing a centre of prostitution, has sparked a debate in Israeli parliament Knesset.

Jun 11, 2016

'Udta Punjab' could do to Akali Dal what 'Maachis' did to Congress in 1997

Anurag Kashyap's "Udta Punjab" could play spoilsport for Akali Dal, just as "Maachis" did with Congress in 1997 Punjab state elections.

Jun 11, 2016

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Monsoon, government spending to revive weak cement demand

The demand is currently subdued on account of water shortage, severe heat wave and slackness in rural areas, says a brokerage firm.

Jun 10, 2016

'Udta Punjab': Congress leader Amrinder Singh wants to screen 'uncensored' version of Anurag Kashyap film

The Congress leader has sought uncensored CDs of "Udta Punjab" from producer Anurag Kashyap to screen in Majitha village.

Jun 10, 2016

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Govt emerges biggest advertiser on TV during week celebrating Modi's 2 years in office

The five-hour event that ended with Prime Minister Narendra Modi's speech was shown on Doordarshan as well as private channels.

Jun 10, 2016

Hindalco shares rise 3% on bullish prospects for aluminium companies

Aditya Birla Group company Hindalco is the largest producer of aluminium in India and also has interests in copper.

Jun 10, 2016

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BJP MP Subramanian Swamy accuses RBI governor Raghuram Rajan of 'planting a time bomb'

RBI chief Raghuram Rajan has been accused of "planting a time bomb," a veiled reference by Swamy to FCNR deposits.

Jun 10, 2016

7th Pay Commission: Government expected to take a decision by end of this week

The decision on the 7th CPC proposals, when reached, will benefit 47 lakh central government employees and 52 lakh pensioners.

Jun 9, 2016

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Tamil Nadu is no longer power deficit, turns largest energy surplus state: Report

For four years, Tamil Nadu witnessed acute power shortage, forcing shutdowns at many factories.

Jun 9, 2016

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Raghuram Rajan's New Zealand counterpart is worried inflation is not high in his country

Reserve Bank of New Zealand (RBNZ) left interest rate unchanged at 2.25 percent and said if low inflation persisted, the rate would be lowered.

Jun 9, 2016

motherson sumi systems fund raising $300 million debt repayment

Motherson Sumi Systems to raise $300 million to repay debt, shares down 1%

In a regulatory filing to the BSE, Motherson Sumi Systems said the debt would also be used for capex.

Jun 9, 2016

Infosys shares fall 4% on COO Pravin Rao's warning of 'quarterly bumps up and down'

Pravin Rao made the comment at an investor conference hosted by Citi on Wednesday, leading to a fall in Infosys share price on Thursday.

Jun 9, 2016

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International Yoga Day 2016: Main event to be held in Chandigarh, not New Delhi

Rajpath in New Delhi hosted the first International Yoga Day last year.

Jun 8, 2016

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Saudi Arabia plans to impose income tax on foreign workers: Report

The move could hit nine million foreign residents, including three million Indians. Saudi economy has been hit due to falling crude oil prices.

Jun 8, 2016

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RBI Governor Rajan says never had 'even one serious disagreement' with FM Jaitley

RBI Governor Raghuram Rajan also says a response to BJP MP Subramanian Swamy's attacks on him are not "deserving".

Jun 8, 2016

'Housefull 3' box office success lifts Eros International shares

"Housefull 3" starring Akshay Kumar, Abhishek Bachchan and Jacqueline Fernandez has been co-produced and distributed by Eros.

Jun 8, 2016

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BJP and Congress: Divided by ideology, united by contempt for Nigerians

BJP leader and Goa CM Laxmikant Parsekar, and Congress leader Ram Naik want Nigerians to be "thrown out" of India.

Jun 8, 2016

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Articles by S V Krishnamachari

7th Pay Commission: Govt employees may get 30% more than recommended by panel

Fortis Healthcare shares crash on Rs. 500 crore penalty; Sensex narrows loss to close 239 points down

Air ticket cancellation, refunds, compensation set to become passenger-friendly

Prostitution verdict puts lawmakers, judiciary at loggerheads in Israel

'Udta Punjab' could do to Akali Dal what 'Maachis' did to Congress in 1997

Monsoon, government spending to revive weak cement demand

'Udta Punjab': Congress leader Amrinder Singh wants to screen 'uncensored' version of Anurag Kashyap film

Govt emerges biggest advertiser on TV during week celebrating Modi's 2 years in office

Hindalco shares rise 3% on bullish prospects for aluminium companies

BJP MP Subramanian Swamy accuses RBI governor Raghuram Rajan of 'planting a time bomb'

7th Pay Commission: Government expected to take a decision by end of this week

Tamil Nadu is no longer power deficit, turns largest energy surplus state: Report

Raghuram Rajan's New Zealand counterpart is worried inflation is not high in his country

Motherson Sumi Systems to raise $300 million to repay debt, shares down 1%

Infosys shares fall 4% on COO Pravin Rao's warning of 'quarterly bumps up and down'

International Yoga Day 2016: Main event to be held in Chandigarh, not New Delhi

Saudi Arabia plans to impose income tax on foreign workers: Report

RBI Governor Rajan says never had 'even one serious disagreement' with FM Jaitley

'Housefull 3' box office success lifts Eros International shares

BJP and Congress: Divided by ideology, united by contempt for Nigerians

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'