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India seeks threefold increase in coal stocks to prevent summer power shortages
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Indian companies report mixed second-quarter results on November 4
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Adobe PDF Spaces Introduces Shared AI Conversations for Document Collaboration
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Indus Towers expands solar-powered network to 50,000 telecom sites
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KKR secures Indian regulator approval for Gentari Renewables investment
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Equitas Small Finance Bank rebounds after naming interim chief executive
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Bharti Airtel revenue expected to grow at double-digit pace in second quarter
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Titan quarterly profit seen rising as jewellery business drives growth
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Italy Claims Curling Silver at European Championships in Ostrava
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Indian crude-sensitive shares gain after 13% oil-price decline
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Kuwait finance minister holds economic cooperation talks at COMCEC
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Stocks and dollar fall as Democratic election gains reshape markets
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Abdul El-Sayed declares victory in Michigan Senate contest
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Kuwait marks key events and anniversaries from national history
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Democrats capture US Congress in sweeping midterm victory
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Trump congratulates Democrats and signals willingness to cooperate
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Manchester United rallies past Roma as PSG dominates in Champions League
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Qatar prime minister advances mediation through diplomatic calls
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Qatar sees tentative opening for renewed regional diplomacy
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Greenland parliament approves security agreement with United States
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Qatar Tourism joins Pacific Asia Travel Association at London travel market
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Qatar envoy meets incoming UN General Assembly president
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Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
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Trump Signals Willingness to Work With Democrats After Midterm Defeat
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Qatar media bodies discuss support for humanitarian initiatives
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Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 17
Boehly named new Chelsea chairman, Granovskaia departs
Todd Boehly was Wednesday named as Chelsea's new chairman to replace Bruce Buck and will act as interim sporting director after the club confirmed the departure of Marina Granovskaia.
Granovskaia is stepping down from her role as director as part of a shake-up at Stamford Bridge, leaving co-controlling owner Boehly to spearhead Chelsea's negotiations in the transfer window.
All the top Boehly-Clearlake Capital consortium figureheads have been added to Chelsea's new board following the purchase of the club from Roman Abramovich.
"As custodians of Chelsea FC, we now begin executing our long-term vision and plan for the club, creating an outstanding experience for its passionate, loyal fans, and continuing to challenge for top honours in line with Chelsea FC's dedicated history," said Boehly.
"Working together, side by side, we are firmly committed to winning, both on and off the pitch. For us, that effort has begun."
Clearlake chiefs and Chelsea co-controlling owners Behdad Eghbali and Jose Feliciano have also been added to the Blues' new board.
Los Angeles Dodgers co-owner Mark Walter, Swiss magnate Hansjoerg Wyss and British tycoon Jonathan Goldstein have all been officially named on the Chelsea board.
Chelsea will now start the search for a permanent sporting director, with Granovskaia leaving the club after almost 20 years at Stamford Bridge.
Granovskaia rose to prominence as one of the toughest negotiators in football in Abramovich's Chelsea reign.
"Boehly will operate as interim sporting director until the club names a full-time replacement, continuing the club's work towards its targets during the current transfer window," said Chelsea's statement.
Granovskaia will remain available during the current transfer window to help the club's transition.
Chelsea face a hectic summer transfer market of transfer dealings.
Romelu Lukaku is reportedly set to rejoin Inter Milan on loan after a disappointing spell at Stamford Bridge.
The club, who finished third in the Premier League last season, have been linked with Sevilla's Jules Kounde, Manchester City's Raheem Sterling and Barcelona forward Ousmane Dembele.
O.Lorenz--BTB