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

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

Hudco lists at 22% premium to issue price

The Hudco IPO was oversubscribed 79 times; the share listed at Rs 73.45 on the BSE.

May 19, 2017

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Stock markets end trading on a flat note after a day of volatile trading

State Bank of India's Q4 net profit rises 122% YoY to Rs 2,815 crore from Rs 1,264 crore.; net NPA at 3.74 percent; shares up 1.55 percent.

May 19, 2017

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State Bank of India Q4 results: Will SBI declare bonus shares, the first in its history?

State Bank of India (SBI) will be declaring its Q4 and FY2017 results on Friday; shareholders would hope for a bonus issue, the first in the bank's history.

May 18, 2017

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GST Council finalises tax rates for 1,211 items; cars, refrigerators, ACs to attract 28%

The Goods and Services Tax (GST) Council finalised tax rates for 1,211 items; cars to be taxed at 28 percent, milk, cereals and wheat to be exempt.

May 18, 2017

atf prices, aviation companies in india, indian civil aviation market, domestic air traffic

Domestic air traffic: How IndiGo, Jet Airways, Air India, Go Air, AirAsia India, Vistara performed in April 2017

India's civil aviation regulator releases domestic air traffic data for April 2017; IndiGo does better than SpiceJet, Air India, Jet Airways to retain its position as the largest.

May 18, 2017

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Income tax department releases list of tax defaulters; follows 'naming and shaming' principle

In newspaper advertisements, the income tax department "revealed" names of five defaulting companies that owe more than Rs 10 crore.

May 18, 2017

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Quess Corp beats TCS, Infosys, Wipro in hiring

Business services provider Quess Corp hired more than TCS, Infosys and Wipro did in 2016-17, apart from posting upbeat results.

May 18, 2017

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Sensex, NSE trading in the red; crucial GST Council meeting to finalise rates begins today

Both Sensex and Nifty were trading with losses, tracking global sell-off; 14th GST Council meeting begins today.

May 18, 2017

JSW Steel Q4 net profit rises three-fold, revenues up 60%

For the fourth quarter (Q4) ended March 2017, JSW Steel's standalone net profit stood at Rs 1,003 crore and total income at Rs 16,952 crore.

May 17, 2017

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Hindustan Unilever net profit, revenues rise modestly for March quarter

Standalone net profit and revenues grew 6 percent in Q4, Hindustan Unilever said in a statement to the BSE on Wednesday.

May 17, 2017

Wipro launches blockchain-based solutions

The Bengaluru-based IT company says the solutions were defined, designed and co-developed with clients at Wipro's Blockchain Innovation Lab.

May 17, 2017

RIL asks its 40,000 employees asked to switch from Airtel, Vodafone to Jio

Mukesh Ambani tops Forbes list of Global Game Changers

Reliance Industries chairman Mukesh Ambani successfully forayed into mobile telecom with Reliance Jio last year and has many other achievements to his credit, says the Forbes List of Global Game Changers.

May 17, 2017

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Paytm Payments Bank to commence operations from May 23

In a communication, One97 Communications says Paytm Payments Bank has received final licence from RBI.

May 17, 2017

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Tata Steel leads Sensex rally, up 8% after upbeat Q4 results

Fourth quarter (Q4) profit before exceptional item rose sharply to Rs. 3,352 crore, revenues were up 30 percent on higher output and pricing for Tata Steel, triggering a rally in share price.

May 17, 2017

income tax, it raids, operation clean money, arun jaitley, it collections, cbi raids, ed raids

Operation Clean Money website launched by Union Finance Ministry

The income tax department will update Operation Clean Money with details of raids conducted and rate tax defaulters.

May 16, 2017

tax collection data, indirect taxes, direct taxes, income tax, corporate tax, modi govt, budget 2017, arun jaitley

Operation Clean Money: Massive fund transfers through bank accounts baffle Visakhapatnam Police

Visakhapatnam Police commissioner T Yoganand asks banks how Rs 90 crore deposited in a bank account in just one day went unnoticed, despite Operation Clean Money targeting defaulters.

May 16, 2017

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Brigade Hospitality Services' Nirupa Shankar hopes for 'achchhe din' this fiscal

Demonetisation hit real estate firms hard last year and this fiscal, the companies have to contend with RERA and GST; still the sector is optimistic, says Nirupa Shankar, director, Brigade Hospitality Services Ltd.

May 16, 2017

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Modi govt turns 3: Sensex gains 25% since May 16, 2014

The BJP-led NDA under Narendra Modi as prime ministerial candidate came to power in May 2014, triggering many highs for benchmark indices Sensex and Nifty.

May 16, 2017

india external trade january 2017, india trade jan 2017, india imports jan 2017, india exports jan 2017, india gold imports, india trade balance

India reports higher trade deficit in April due to spike in gold, crude oil imports

In April, India's exports zoomed 20 percent while higher gold and crude oil purchases spiked imports by 49 percent; trade deficit ballooned to $13.24 billion.

May 15, 2017

ICICI Bank, HDFC slash home loan rates

For loans up to Rs 30 lakh, interest rate on home loan will be 8.40 percent for men and 8.35 percent for women, say ICICI Bank and HDFC; the cuts come a week after SBI made a similar reduction.

May 15, 2017

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Articles by S V Krishnamachari

Hudco lists at 22% premium to issue price

Stock markets end trading on a flat note after a day of volatile trading

State Bank of India Q4 results: Will SBI declare bonus shares, the first in its history?

GST Council finalises tax rates for 1,211 items; cars, refrigerators, ACs to attract 28%

Domestic air traffic: How IndiGo, Jet Airways, Air India, Go Air, AirAsia India, Vistara performed in April 2017

Income tax department releases list of tax defaulters; follows 'naming and shaming' principle

Quess Corp beats TCS, Infosys, Wipro in hiring

Sensex, NSE trading in the red; crucial GST Council meeting to finalise rates begins today

JSW Steel Q4 net profit rises three-fold, revenues up 60%

Hindustan Unilever net profit, revenues rise modestly for March quarter

Wipro launches blockchain-based solutions

Mukesh Ambani tops Forbes list of Global Game Changers

Paytm Payments Bank to commence operations from May 23

Tata Steel leads Sensex rally, up 8% after upbeat Q4 results

Operation Clean Money website launched by Union Finance Ministry

Operation Clean Money: Massive fund transfers through bank accounts baffle Visakhapatnam Police

Brigade Hospitality Services' Nirupa Shankar hopes for 'achchhe din' this fiscal

Modi govt turns 3: Sensex gains 25% since May 16, 2014

India reports higher trade deficit in April due to spike in gold, crude oil imports

ICICI Bank, HDFC slash home loan rates

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'