Month: September 2018

IL&FS gets lifeline after fundraising approval

By Ameya KarveTroubled Indian shadow bank Infrastructure Leasing & Financial Services Ltd., whose recent debt defaults sparked concern about contagion in the nation’s financial markets, secured a lifeline after shareholders approved its plans to raise money through debt and equity.Stockholders green-lit IL&FS’s plans to raise as much as 150 billion rupees ($2.1 billion) through a […]
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First Look: The Mechanical Chronograph Collection (Cobb, Eldridge, Segrave) from Farer

The brand new chronographs from England’s Farer are 39 millimeters across, 12.5 millimeters tall, run on a highly decorated Elaboré-grade ETA 2894-2 movement, sport excellent Horween leather straps, and rock three of Farer’s most appealing colorways—all for $1,950. But specs and prices don’t hold a candle to the vibe these watches put off in person, […]
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Cornbread Muffins

These Cornbread Muffins are made with creamed corn so they truly taste of corn and are more moist than traditional Southern cornbread. A terrific side and great for snacking, these corn muffins keep for days. THESE are the muffins I make over and over and over again! This Cornbread Muffin recipe was originally published in […]
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Pulling back the curtain on how SoftBank’s massive Vision Fund works — including just how big a check it can write

Picture it. The scene is Silicon Valley. Suddenly an investment firm materializes on the scene and starts writing checks bigger than anyone is accustomed to seeing. Fellow investors start to privately complain. Its partners are poseurs, they say. The firm is driving up valuations, they continue. It’s going to ruin venture capital, they conclude. It […]
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