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

Axis Bank reports marginal fall in net profit for March quarter

The fall in Axis Bank's net profit was due to 64 percent rise in provisioning for bad loans.

Apr 26, 2016

Government rules out stake sale in Air India

In a written reply to Parliament, Minister of State for Civil Aviation Mahesh Sharma denied moves to sell stake in Air India, reports PTI.

Apr 26, 2016

Sensex gains 328 points, closes above 26,000

Benchmark index Sensex gained more than one percent on a slew of positive news.

Apr 26, 2016

J&K minister orders closure of a state corporation formed to facilitate employment for the youth

"It makes no sense to have an organisation doing absolutely nothing," said Jammu & Kashmir Minister for Finance Haseeb Drabu.

Apr 26, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

SpiceJet spurts by more than 10% on BSE

The reasons for the sudden increase in the share price of SpiceJet, the fourth-largest Indian airline company, were not known.

Apr 26, 2016

Essar Oil, Indian Oil, HPCL, BPCL expanded fuel retail network, Reliance added none in FY16

Essar Oil, Indian Oil, HPCL and BPCL together added 2,770 retail diesel, petrol stations in FY2016. Reliance Industries' network remained unchanged at 1,400 outlets.

Apr 25, 2016

PF deposits to fetch 8.7% interest, lower than 8.8% proposed by EPFO

The government approved 8.7 percent interest on PF deposits for FY2016, lower from the 8.8 percent proposed by the EPFO.

Apr 25, 2016

Oil Iraq refinery losses to refineries middle east crude oil IMF projection

Oil-exporting countries to take $500 billion hit in revenue loss this year: IMF

The loss is expected to widen from the actual revenue loss of $390 billion in 2015 due to falling crude oil prices.

Apr 25, 2016

Reliance Jio 4G launch in India: Commercial rollout finally begins next month with free calls and data

Reliance Jio on track to launch 4G services, says RIL

Reliance Jio Infocomm, the telecom arm of Mukesh Ambani-controlled Reliance Industries Limited, gave the information in a presentation.

Apr 23, 2016

Gold, silver prices fall in India on low demand, global cues

Gold prices declined by Rs. 225 per 10 gm and silver was down Rs. 150 per kg on Saturday in Delhi bullion market.

Apr 23, 2016

Vedanta Group company Cairn India posts record loss of Rs. 10,948 crore in fourth quarter

Cairn India's loss was due to a one-time impairment charge of Rs. 11,674 crore on account of fall in crude oil prices, it said.

Apr 23, 2016

Mumbai, Delhi, Bengaluru, Hyderabad airports post high growth in domestic passenger volumes

Mumbai, Delhi, Bengaluru and Hyderabad airports recorded growth in the range of 19 to 25 percent in passenger volumes in 2015-16.

Apr 23, 2016

Domestic passenger air traffic to cross 100 million in FY17; IndiGo, SpiceJet to outperform industry: Analyst

Strong demand is expected to lift domestic air traffic beyond 100 million from 85 million in FY16; Indigo, SpiceJet to outperform industry, says an Edelweiss Securities note.

Apr 23, 2016

Reliance Defence to raise up to Rs. 1,200 crore via rights issue

Reliance Defence and Engineering, an Anil Ambani Group company, plans to utilise the proceeds to retire debt and augment resoruces.

Apr 22, 2016

India's forex reserves hit record high of $360.25 billion

The foreign exchange reserves of India rose $333.7 million in the week ended April 15, according to the RBI data.

Apr 22, 2016

Gold, silver outperform Sensex in 2016

Gold and silver prices have risen 17.36 percent and 21.17 percent since Jan. 1, while Sensex had declined 1 percent.

Apr 22, 2016

Raheel Sharif Nawaz Sharif Pakistan PM Army

Did Pakistan army chief Raheel Sharif send a message to PM Nawaz Sharif by sacking six army officers?

Raheel Sharif's move is being seen as a pressure tactic by him amid clamour to probe PM Nawaz Sharif's offshore accounts as leaked in Panama Papers.

Apr 22, 2016

Wipro ADRs plunge more than 4% on Nasdaq, NYSE in response to downbeat Q4 results

In sharp contrast to Wipro, Infosys ADRs rose more than 8 percent after its upbeat Q4 results and FY2017 guidance.

Apr 22, 2016

Bandra Kurla Mumbai financial district business district

India dethrones China as world's top FDI destination: Report

India received $63 billion in foreign direct investments in 2015, against China's $56.6 billion, says a report by a Financial Times division.

Apr 22, 2016

Domestic air traffic: How IndiGo, Jet Airways, Air India, Go Air, AirAsia India, Vistara performed in March [PHOTOS]

Indian air carriers flew 7.87 million passengers in March 2016, up 25 percent from 6.28 million in March 2015. IndiGo, Go Air gained, Jet, SpiceJet lost.

Apr 21, 2016

Prev 88 89 90 91 92 93 94 95 96 97 Next

Articles by S V Krishnamachari

Axis Bank reports marginal fall in net profit for March quarter

Government rules out stake sale in Air India

Sensex gains 328 points, closes above 26,000

J&K minister orders closure of a state corporation formed to facilitate employment for the youth

SpiceJet spurts by more than 10% on BSE

Essar Oil, Indian Oil, HPCL, BPCL expanded fuel retail network, Reliance added none in FY16

PF deposits to fetch 8.7% interest, lower than 8.8% proposed by EPFO

Oil-exporting countries to take $500 billion hit in revenue loss this year: IMF

Reliance Jio on track to launch 4G services, says RIL

Gold, silver prices fall in India on low demand, global cues

Vedanta Group company Cairn India posts record loss of Rs. 10,948 crore in fourth quarter

Mumbai, Delhi, Bengaluru, Hyderabad airports post high growth in domestic passenger volumes

Domestic passenger air traffic to cross 100 million in FY17; IndiGo, SpiceJet to outperform industry: Analyst

Reliance Defence to raise up to Rs. 1,200 crore via rights issue

India's forex reserves hit record high of $360.25 billion

Gold, silver outperform Sensex in 2016

Did Pakistan army chief Raheel Sharif send a message to PM Nawaz Sharif by sacking six army officers?

Wipro ADRs plunge more than 4% on Nasdaq, NYSE in response to downbeat Q4 results

India dethrones China as world's top FDI destination: Report

Domestic air traffic: How IndiGo, Jet Airways, Air India, Go Air, AirAsia India, Vistara performed in March [PHOTOS]

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'