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    17-year-old Indian chess player faces US visa delays, Rs 50 lakh debt and scholarship uncertainty despite two GM norms

    Indian chess prodigy Md Imran is caught in a frustrating situation as US visa delays threaten his scholarship. Following the loss of his passport during a tournament in Slovakia, he has encountered numerous visa application challenges. Despite his remarkable achievements in chess, this predicament has heightened his stress and adversely impacted his gameplay.

    Alphabet's debut Hong Kong, Singapore bond sales draw about $5 billion in early orders

    The strong order books give Alphabet flexibility to increase its planned financing as it accelerates investment in AI infrastructure, even as recent volatility in technology shares has made investors more selective.

    Bajaj Finance opens QIP at Rs 992.25 floor price, may offer up to 5% discount

    Bajaj Finance opened its qualified institutional placement on November 11, fixing the floor price at Rs 992.25 per share. The company may offer a discount of up to 5%, with final pricing and fundraising details yet to be announced.

    Alphabet's first Hong Kong, Singapore dollar bond sales draw $5 billion orders

    Alphabet attracted approximately $5 billion in combined orders for its maiden Hong Kong and Singapore dollar bond offerings, reflecting strong investor demand. The fundraising supports its expanding AI infrastructure investments and diversifies its debt portfolio. The company may increase issuance sizes amid continued borrowing to finance growing technology investments.

    Bajaj Finance unveils share sale to raise up to $1.25 billion

    Bajaj Finance has launched a share sale to raise up to ₹117 billion from institutional investors. This offering marks a significant event following a major IPO by Jio Platforms last month. The proceeds will be allocated toward repaying various financial obligations, including loans and debentures. A team of financial institutions is collaborating with Bajaj Finance on this transaction. Additionally, the Indian equity market remains active, having raised approximately $50.

    Tata Power says no provision needed for $650 million Kleros Award

    Tata Power Company is currently not planning any financial provisions despite an adverse ruling from a Singapore court. The company believes they have a strong appeal against Kleros Capital Partners, who were awarded over $650 million. In the most recent quarter, Tata Power reported an all-time high consolidated net profit of ₹1,652 crore. Additionally, Tata Power's board has appointed Sanjay Banga as CEO-designate for the upcoming five years.

    The Economic Times
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