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

Sensex up over 400 points on global cues; Nifty closes above 7,700

The Sensex rally was led by bank and metal stocks, supported by consumer durables and healthcare.

Mar 30, 2016

India's economic growth to slow down in FY2016, says ADB

The Manila-based Asian Development Bank has pegged India's growth at 7.4 percent for FY2016, down from 7.6 percent in the previous fiscal.

Mar 30, 2016

Finance Minister Arun Jaitley wants Australian superannuation funds to invest in India

The Australian superannuation industry is worth AUD $2 trillion, according to Sydney Morning Herald.

Mar 30, 2016

Pharma stocks drag Sensex down; Lupin down 6% on USFDA's inspection of facility

Lupin plunged 13 percent to a new 52-week low Tuesday after it acknowledged audit observations by the US FDA for its Goa facility.

Mar 29, 2016

Snapdeal outpaces Amazon and Flipkart in delivery times across India, research shows

India allows 100% FDI in e-commerce under marketplace format

In the marketplace model, an e-commerce company provides a platform to facilitate trade between buyers and sellers.

Mar 29, 2016

Ban on cattle sale for slaughter worsens farmers' plight

The ban on the sale of cattle has added to rural distress in Maharashtra which is suffering from two consecutive droughts.

Mar 29, 2016

Govt to pay interest on inoperative PF accounts from April 1

There are about nine crore inoperative provident fund accounts holding about Rs 30,000 crore.

Mar 29, 2016

Finance Minister Arun Jaitley joins rate cut chorus

The country's apex bank should cut interest rate, Jaitley responded when asked on his expectations from the RBI.

Mar 29, 2016

Good policy, not good fortune behind India's economic growth: PM Modi

Indian PM Narendra Modi says the country's low inflation, low current account deficit and and high growth rate are the result of sound economic policies.

Mar 29, 2016

Sensex, Nifty close down over 1% on profit booking; Infosys hits 52-week high

Indian benchmark indices Sensex and Nifty lost almost 1.5 percent on profit-booking Monday.

Mar 28, 2016

Coal thermal power power electricity piyush goyal

India to double coal output by 2020, even without private participation

India's power and coal minister Piyush Goyal says state-owned companies would ramp up production in the absence of private participation.

Mar 28, 2016

Tamil Nadu BJP leader faces criticism for his comment on origin of untouchability

L Ganesan said during a television programme that the practice originated due to concerns over hygiene and later got perpetuated.

Mar 28, 2016

Tata Sons to hike stake in AirAsia India as Arun Bhatia's Telestra exits

Tata Sons and two directors will buy out Telestra Tradeplace's 9.94 percent in the loss-making airline.

Mar 28, 2016

Top Indian IT firms eye $100 billion IT outsourcing contracts

TCS, Infosys and other Indian IT firms are gearing up for outsourcing contracts worth $100 billion, up for renewal next fiscal, says ET.

Mar 28, 2016

The Plaza, New York, partly owned by the Sahara Group

Sahara Group gets 3-month breather from auction of its New York properties

The Sahara Group has availed of $900-million refinance facility for the two properties from Reuben brothers, who now want to recover the money.

Mar 27, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Market cap of Sensex stocks up by Rs 38,620 crore

Indian stock markets witnessed truncated trading week in which market capitalisation of select frontline stocks rose sharply.

Mar 26, 2016

Tata Sky plans Rs 2,000 crore IPO

Loss-making Tata Sky is planning to raise funds for expansion and reduce debt.

Mar 26, 2016

Domestic air traffic rises 24% in February, IndiGo market share at 36.8%

Indian domestic air carriers flew 74.76 lakh passengers in February 2016, up from 60.16 lakh in February 2015.

Mar 26, 2016

India's foreign exchange reserves touch a historic high of $355.94 billion

India's foreign exchange reserves rose $2.53 billion in the week ended March 18, according to RBI weekly supplement released Friday.

Mar 26, 2016

FIIs remain net buyers of Indian equities in truncated trading week

During the three-day week, the S&P BSE Sensex gained 1.54 percent to close at 25,337 Wednesday.

Mar 24, 2016

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Articles by S V Krishnamachari

Sensex up over 400 points on global cues; Nifty closes above 7,700

India's economic growth to slow down in FY2016, says ADB

Finance Minister Arun Jaitley wants Australian superannuation funds to invest in India

Pharma stocks drag Sensex down; Lupin down 6% on USFDA's inspection of facility

India allows 100% FDI in e-commerce under marketplace format

Ban on cattle sale for slaughter worsens farmers' plight

Govt to pay interest on inoperative PF accounts from April 1

Finance Minister Arun Jaitley joins rate cut chorus

Good policy, not good fortune behind India's economic growth: PM Modi

Sensex, Nifty close down over 1% on profit booking; Infosys hits 52-week high

India to double coal output by 2020, even without private participation

Tamil Nadu BJP leader faces criticism for his comment on origin of untouchability

Tata Sons to hike stake in AirAsia India as Arun Bhatia's Telestra exits

Top Indian IT firms eye $100 billion IT outsourcing contracts

Sahara Group gets 3-month breather from auction of its New York properties

Market cap of Sensex stocks up by Rs 38,620 crore

Tata Sky plans Rs 2,000 crore IPO

Domestic air traffic rises 24% in February, IndiGo market share at 36.8%

India's foreign exchange reserves touch a historic high of $355.94 billion

FIIs remain net buyers of Indian equities in truncated trading week

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'