Chess Financial News

19.10 / 19:53
markets Digital Strategy Sustainability Remark International chess India's newest billionaire was a RBI intern and national level chess player. Meet Saurabh Gadgil of PNG Jewellers
PN Gadgil Jewellers has seen a remarkable rise in its share value since its initial public offering (IPO) this September. The IPO came just ahead of India’s festive and wedding season, a peak period for jewelry sales. This surge in market performance has propelled Saurabh Gadgil, the company’s MD and CEO, to a net worth of nearly $1 billion, according to Bloomberg. Founded in 1832, PNG Jewellers started as a small jewelry shop in Sangli, Maharashtra, and has grown into a renowned brand recognized for its traditional designs and fine craftsmanship. The business has been built and sustained by six generations of the Gadgil family, becoming a household name in the jewelry industry.
16.10 / 11:27
Booking Strategy students show country chess India’s success in chess is showing the path to Viksit Bharat
Subscribe to enjoy similar stories. Situated on the outskirts of Chennai, M.A. Velayudham started a chess coaching centre with just 10 students.
09.10 / 16:41
markets Digital Experts PAM show Sporting chess India has all probability of producing youngest Grandmaster: Harika
Grandmaster at the age of 12 back in June 2021 but leading chess player D Harika feels the way the age barrier is being shattered in the sport, it's a matter of time the bar will be reset and probably by an Indian. Harika, one of only three Indian women players to become a Grandmaster, is currently playing in the Tech Mahindra Global Chess League (GCL) here and said that the momentum created by the Indian men's team in the Chess Olympiad in Budapest recently, helped the women too aim for the gold during the historic campaign. India made history by winning their first-ever gold medals in the Olympiad with both the men's and women's teams taking the top podium finishes. «The generation in general is getting smarter. My daughter is just two years old and she can already identify the chess pieces,» said Harika, the two-time Asian Games medallist and a member of the gold-winning Indian women's team in the Olympiad.
25.09 / 19:25
markets tennis RAI performer Sporting chess After historic victory in Budapest, India's chess champions attract major talent agencies
“We want to onboard a few of these chess players in our roster. Ever since India hosted the Chess Olympiad in Chennai in 2022, there has been a massive boom in the sport,” said Rahul Trehan, chief executive of IOS Sports, which represents two-time Paris Olympics medallist Manu Bhaker, boxer Mary Kom and table tennis player Manika Batra, among others. The chess players shot to prominence after winning three team gold medals—in the open section, the women’s category and the overall section—in addition to four individual golds. The latter were won by D Gukesh, Arjun Erigaisi, Divya Deshmukh and Vantika Agrawal.
25.09 / 15:19
markets Digital President Experts RAI chess AICF announces Rs 3.2 crore rewards for Olympiad-winning teams
Indian teams during a felicitation ceremony here on Wednesday. AICF president Nitin Narang made the announcement during the event. Each player from the winning teams will receive Rs 25 lakh, while the coaches of the men's and women's teams, Abhijeet Kunte and Srinath Narayanan, will be rewarded with Rs 15 lakh each. Grandmaster Dibyendu Barua, head of the Indian delegation, will receive Rs 10 lakh, and the assistant coaches will be rewarded Rs 7.5 lakh.
22.09 / 14:19
markets UPS Digital security RAI chess Chess Olympiad: Indian men win maiden gold, women also close in for title
India on Sunday scripted history as it clinched it's maiden gold medal in the 45th Chess Olympiad after D Gukesh, Arjun Erigaisi and R Praggnanadhaa won their respective matches against Slovenia in the 11th and final round match here. World Championship challenger Gukesh and Arjun Erigaise yet again delivered in key games to help India secure its first title in the open category. Up against Slovenia, Gukesh was at his very best in the technical phase of the game as black against Vladimir Fedoseev. Though it was a laboured victory, the 18-year-old Grandmaster was spot on with his tremendous strategic display.
15.09 / 22:28
markets Digital RAI show shock chess Indian men crush Azerbaijan, women smell victory against Kazakhstan
D Gukesh and Arjun Erigaise, the Indian men scored the necessary 2.5 points out of possible three against Azerbaijan in the fifth round of the 45th Chess Olympiad here on Sunday. It seems like Gukesh and Arjun can do nothing wrong in this Olympiad as they overpowered Aydin Sulemanli and Rauf Mamedov respectively with their white pieces in quick time. Praggnanandhaa played another draw on board two but that only ensured an Indian victory irrespective of the result of Vidit Gujrathi who was playing against Shakhriyar Mamedyarov. After scoring the fifth victory on the trot, the Indian men maintained a clean slate on ten points and they were joined by Vietnam who continued with their impressive show and downed Poland 2.5-1.5.
10.09 / 13:46
markets FIVE Olympics Schools International Sporting chess Current generation of Indian chess players great at grabbing opportunities: Viswanathan Anand
chess icon Viswanathan Anand feels the current crop of Indian players, that he has had a role in shaping, has turned out to be «great» in grabbing crucial opportunities. The 54-year-old, among the all-time greats of Indian sports with five world titles to his credit, is set to have a rare competitive outing at the Tech-Mahnindra Global Chess League come next month in London where he will be part of the Ganges Grandmasters team. In an interview to PTI, Anand shared his thoughts on India's chances at the Chess Olympiad starting on Wednesday, his impressions of the country's Olympic and Paralympic performance, the golden generation of young players that he has helped groom and also his own plans going forward. Widely credited for shaping the likes of youngest ever world championship challenger D Gukesh, and R Praggnanandhaa among others, Anand said he played a small part and shared the credit for their growth with their personal coaches and parents.
29.08 / 19:23
markets Provident Death Boxing blues information chess Consumers should immediately stop using this magnetic game due to ingestion risks, agency warns
The Consumer Product and Safety Commission says people should immediately throw out a magnetic game because it poses serious ingestion for children
23.08 / 09:54
UPS Booking Assurant Simulation War Battlefield chess How games and game theory have changed the world
Playing with Reality: How Games Shape Our World. By Kelly Clancy. Riverhead Books; 368 pages; $30. Allen Lane; £25 In 1824 Prince Wilhelm of Prussia asked for a demonstration of an elaborate game he had heard about from his military tutor.
04.08 / 02:28
UPS Strategy Discover travelers Sporting chess A museum in Kolkata dedicated to board games taps into memories, history
Ur, possibly the oldest board game in the world, discovered in a 4,400-year-old royal tomb in Mesopotamia in the 1930s. Mukherjee has a replica he got from the British Museum in London. “It’s a fairly simple two-person game but the rules were discovered much later," he says.
26.07 / 18:18
FIVE Progressive Google performer reports International chess Google AI narrowly misses Gold in International Mathematics Competition: Report
AlphaProof, a groundbreaking AI system introduced by Google, excels in formal mathematical reasoning, reported the publication. Utilizing a blend of language models and the AlphaZero reinforcement learning algorithm—renowned for mastering chess and Go—AlphaProof trains itself to tackle complex math problems using Lean, a formal language for mathematics.
27.06 / 15:27
Digital Platform country fun International Sporting chess Checkmate: How Indians mastered Chess
Chess.com posted on its official blog in December 2022. The platform saw its total users go from 25 million at the beginning of 2020 to 75 million in 2021 to over 100 million users in 2022 globally. While Chess has been integral to Indian culture since ancient times, the sport has today gained popularity worldwide, and is played in almost 200 countries.
17.06 / 01:39
Career Adventure love PAM rights Colleges chess From heroes to mentors: the role of fathers in achieving professional success
Every child’s first hero is likely to be their dad. As Australian poet Pam Brown rightly says, “Dads are most ordinary men turned by love into heroes, adventurers, storytellers, and singers of song." The acknowledgments are plenty whenever someone ruminates on the role of a father in their success. Of course, mothers are also darned good at doing all of this—keeping the fire of ambition going alongside the one at home, and may even outscore dads—but fathers do play a special role in shaping a person’s career.
02.06 / 07:05
FIVE track classical Videos Updates International chess M&M's Anand Mahindra shares Praggnanandhaa's checkmate swagger walk as he topples world No. 2 Fabiano Caruana
Anand Mahindra shared a video of R Praggnanandhaa with the caption, «Now, it was the world #2 in the bag...»
02.06 / 05:35
Gap security classical stars Equality International chess Norway Chess 2024: ‘Mind-blowing’, Gautam Adani lauds Pragananadhaa for defeating Magnus Carlsen
Norway Chess competition.“Incredible Praggnanandhaa! Beating both World No.1 Magnus Carlsen and No.2 Fabiano Caruana in classical chess at #NorwayChess is mindblowing. You’re on a roll and still just 18! Keep the tricolour flying high.
02.06 / 04:09
FIVE track classical Equality Updates International chess Norway Chess: R Pragananadhaa stuns world number two, achieves unique feat in classical chess
chess sensation R Pragananadhaa continued with his dominating ways in the ongoing Norway Chess competition as he defeated the world number two player Fabiano Caruana in round five in a classical chess game on Saturday night.
30.05 / 03:03
UPS WhatsApp classical chess Praggnanandhaa clinches first classical chess win over world No.1 Carlsen
R Praggnanandhaa claimed his maiden classical game victory over world number one Magnus Carlsen to take the sole lead in the Norway Chess tournament here. The 18-year-old Indian, who has beaten Carlsen in the rapid/exhibition games quite a few times, took the leader's position with 5.5 points after three rounds. Praggnanandhaa was playing with white pieces and his victory pushed home favourite Carlsen to the fifth spot in the points table. Classical chess, also known as slow chess, allows players significant amount of time to make their moves, usually at least one hour.
26.05 / 07:31
Provident CEO students love International cricket chess How a Pune prodigy became a pioneer at OpenAI
Prafulla Dhariwal, a significant contributor to OpenAI's GPT-4 project, has been lauded by CEO Sam Altman. Altman’s tweet emphasized Prafulla's crucial role: «GPT-4 would not have happened without the vision, talent, conviction, and determination of @prafdhar over a long period. That (along with the work of many others) led to what I hope will turn out to be a revolution in how we use computers.» Early Life and Education Prafulla's mother, Alka Dhariwal, proudly recounts his milestones. Prafulla, who was a standout student and head boy in Pune, maintained a balance between his academic and personal interests. His teachers and friends remember him as approachable, disciplined, and always willing to share his knowledge. Despite his exceptional intelligence and victories in quizzes and international Olympiads, he loved playing cricket and watching the night sky.
11.05 / 02:27
MET Remark performer stage folk chess A note on the issue: The games won in the mind
Gukesh D and the rise of Indian chess Granted, the results were announced 15 minutes later, but the teenager revealed a remarkable stoicism, which is probably what gets one to that level in chess—apart from, of course, mental agility, hours of practice and razor-sharp focus. Over the past few years, India’s chess players have exhibited all of this on the world stage and steadily climbed the ranks, and this week we delve into everything that has led to this moment.

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