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Apple to Invest Up to $1.5 Billion in Globalstar for Satellite Coverage Expansion
Apple is set to invest as much as $1.5 billion in Globalstar, as the iPhone maker looks to enhance the satellite communication services available on its smartphones. The agreement includes a $1.1 billion cash investment by Apple, along with a $400 million purchase for a 20% equity stake in Globalstar. The satellite firm plans to allocate some of th...
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RBI Relaxes Cash Rules For Banks As Credit Crunch Fears Persist
Banks currently have to buy government bonds worth about 19.5 per cent of their deposits as a part of their statutory liquidity ratio (SLR).
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With Petrol At Rs 300 In Manipur, Notes Ban Spells A Double Whammy
While the month since 500 and 1,000-rupee notes were scrapped has been difficult for millions of people across India in Manipur, already reeling under a protest that has inflamed the price of essential commodities, it has been especially trying.
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JP Associates Recovers 5% After Falling Over 30% in Four Days
JP Associates had a debt of over Rs 60,000 crore as of June 30, 2014. Servicing the debt has become a challenging task for the company. JP Associates has an interest coverage ratio of below 1. This indicates that the company is not able to service its debt with the cash it generates from its business.
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Global regulators relax liquidity requirements for banks
Faced with uncertain world economic conditions, global financial regulators have decided to relax minimum cash requirement norms for banks to help them tide over any month-long liquidity stress scenario.
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BJP offered cash for coverage, allege some journalists
Senior BJP leader LK Advani says the president of his party in Madhya Pradesh will investigate whether journalists were offered bribes in exchange for coverage in the state's Satna district.
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Apple to Invest Up to $1.5 Billion in Globalstar for Satellite Coverage Expansion
Apple is set to invest as much as $1.5 billion in Globalstar, as the iPhone maker looks to enhance the satellite communication services available on its smartphones. The agreement includes a $1.1 billion cash investment by Apple, along with a $400 million purchase for a 20% equity stake in Globalstar. The satellite firm plans to allocate some of th...
-
RBI Relaxes Cash Rules For Banks As Credit Crunch Fears Persist
Banks currently have to buy government bonds worth about 19.5 per cent of their deposits as a part of their statutory liquidity ratio (SLR).
-
With Petrol At Rs 300 In Manipur, Notes Ban Spells A Double Whammy
While the month since 500 and 1,000-rupee notes were scrapped has been difficult for millions of people across India in Manipur, already reeling under a protest that has inflamed the price of essential commodities, it has been especially trying.
-
JP Associates Recovers 5% After Falling Over 30% in Four Days
JP Associates had a debt of over Rs 60,000 crore as of June 30, 2014. Servicing the debt has become a challenging task for the company. JP Associates has an interest coverage ratio of below 1. This indicates that the company is not able to service its debt with the cash it generates from its business.
-
Global regulators relax liquidity requirements for banks
Faced with uncertain world economic conditions, global financial regulators have decided to relax minimum cash requirement norms for banks to help them tide over any month-long liquidity stress scenario.
-
BJP offered cash for coverage, allege some journalists
Senior BJP leader LK Advani says the president of his party in Madhya Pradesh will investigate whether journalists were offered bribes in exchange for coverage in the state's Satna district.
