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Gukesh D highlights the importance of portfolio diversification in Alt's new campaign
Gukesh D highlights the importance of portfolio diversification in Alt's new campaign

Time of India

time06-08-2025

  • Business
  • Time of India

Gukesh D highlights the importance of portfolio diversification in Alt's new campaign

Alt, India's platform for alternative investments , has rolled out its latest digital-first brand campaign, ' Zugzwang-Proof Your Portfolio ', featuring the youngest world chess champion Gukesh D . This campaign draws parallels from the game of chess to build awareness on the importance of portfolio diversification for long term wealth generation and the role played by alternative investments in building a well-diversified portfolio. In chess, zugzwang (German for "compulsion to move") describes a situation where a player is at a disadvantage because they are forced to make a move wherein any legal move that they make in this position would further worsen their situation, often leading to a loss or significant disadvantage. Similar zugzwang situations could also arise in any investor's financial investments . When an investment portfolio relies entirely on only one asset class, it is left exposed to market volatility and potential zugzwang situations during unfavorable conditions. The film brings this concept to life by portraying these potential zugzwang situations in investments and how portfolio diversification into alternative assets can avoid them. Gukesh takes center-stage in the film, demonstrating how preparation, foresight and a multi-faceted strategy are equally critical for success in both chess and investing. Kunal Moktan, co-founder, Alt said, ''The campaign aims to educate investors at all levels about the advantages of building a well-balanced portfolio by leveraging private market alternative assets like commercial real estate, AIF funds, REITs, and private credit. Gukesh's journey is proof that thinking ahead changes the game, and that's exactly what we at Alt want to help investors do.' Watch the video here:

Geography Of Chess: Unfolding Spatial Dimensions Of The Boardgame
Geography Of Chess: Unfolding Spatial Dimensions Of The Boardgame

NDTV

time12-07-2025

  • Politics
  • NDTV

Geography Of Chess: Unfolding Spatial Dimensions Of The Boardgame

It is astounding to contemplate that a game like chess, often played within four walls, can have geographical underpinnings across time and space. From a historico-geographical perspective, the game was invented in India as 'chaturanga', spread to Persia as 'Shatranj', took the North African-Spanish route and flourished in Western Europe as chess. An iconographic analysis of the names of chess pieces reflects the socio-political situation that surrounded the game. Gajah (war elephant), as one of the dominant pieces, speaks about the Indian military strategy, and Mantri (Minister), positioned close to protect the king, reflects the administrative set-up during those times. Over time, these pieces evolved into a bishop and a queen, respectively. Moreover, the queen, being the most powerful piece, corroborated the increasing prominence of women in Western European courts. Stepping into the Cold War era, chess emerged as a strategic playground for geopolitics. The USSR held a dominant position in Chess until Bobby Fischer, a young United States Grandmaster (GM), defeated Spassky in what has been hailed as 'The Game of the Century'. Thus, a sixty-four-squared checkered rectangle transformed into a battleground for dominance between the two Blocs. Today, the essence of geopolitical dominance is palpable, with the Indian GM Gukesh D defeating the Chinese counterpart Ding Liren for the World Chess Championship. The match underscored the 'power' that circumscribes both nations, setting the stage for the two developing superpowers to venture into a sphere of dominance in the coming years. In the Indian context, chess exudes a distinct regional character, with the state of Tamil Nadu producing 31 out of the 85 GMs of the country. This is primarily credited to the Indian chess legend Vishwanath Anand, who clinched five World Championships in the first decade of the 21st century. His achievements set the stage for India's emergence as a global player in chess and fostered the expansion of chess culture in his home state. The fervour for chess reached its zenith in the region when the World Chess Olympiad was hosted in the city of Chennai in 2022. The cityscape was adorned with white and black, with murals at major public attractions. Chess had found its home in India once again, and the city of Chennai was hailed as 'The Mecca of Indian Chess.' The controversy around venue selection for the World Chess Championship 2024 had once again solidified spatial attributes around the game of chess. The proposed site, New Delhi, was changed at the last moment to Singapore. This was done to neutralize the 'home advantage' ascribed to the Indian GM Gukesh D, had the match been played in the country of his origin. The incident confirms spatial politics around topophilia, a term that refers to the strong sense of place and attachment to a particular location. The paranoia about not playing in India cannot be deemed unreasonable, given the country's phenomenal acculturation of chess. India has been minting GMs more than any country in the world. The podium finish in both the open and women's categories at the World Chess Olympiad 2024 is a testament that India is a fertile ground for nurturing sporting talent that can have a reverberating impact on the global sports landscape. Furthermore, the digital growth of chess post-COVID-19, the embodiment of chess players, and the role of Chess in place-making are several other dimensions that can be explored in this direction. Overall, a spatial interpretation of Chess can help administrators, scholars and policy makers to find the causational factors behind the variance of chess participation at the national scale. A spatial framework can contribute to the culture of Chess and other sports in India. (Arnav Anshuman is a PhD Research Scholar at the Department of Geography, University of Delhi. He is academically engaged in sports, ethnography and everyday life. He calls himself a big-time foodie, a chess addict and an expert at starting conversations)

Sri Chaitanya felicitates top rankers of IIT-JEE, NEET
Sri Chaitanya felicitates top rankers of IIT-JEE, NEET

Hans India

time20-06-2025

  • Entertainment
  • Hans India

Sri Chaitanya felicitates top rankers of IIT-JEE, NEET

Hyderabad: On the occasion of Sri Chaitanya Educational Institutions once again securing All India No. 1 Ranks in national-level competitive examinations like IIT-JEE (Main & Advanced) and NEET 2025, the grand 'AIRAVAT Champions Celebrations' were conducted with pomp and enthusiasm on Thursday. The event was held at Shilpakala Vedika in the presence of a massive gathering of Sri Chaitanya toppers, students, and faculty members from across the country. 'AIRAVAT' served as a platform to honor academic excellence and to celebrate the achievements of meritorious students. World Chess Champion Gukesh D and actor Adivi Sesh graced the occasion as chief guests. Sri Chaitanya Directors Sridhar Yalamanchili, Sushma Boppana and Seema Boppana participated in the event as Guests of Honour and felicitated national-level toppers. Gukesh D said, 'Just like in chess, success in competitive exams like JEE & NEET requires strategic thinking, discipline and mental resilience. Through this association, I am committed to inspiring students not only in academics but also in developing lifelong skills for success.' Adivi Sesh said, 'My heartfelt congratulations to every Sri Chaitanya student who topped the IIT-JEE and NEET exams in 2025. Behind these extraordinary achievements lies a strong foundation of planning and dedication. Sri Chaitanya has truly emerged as a pioneering institution, consistently producing talented individuals for engineering and medical fields at national and international levels.'

Gukesh hunts form at Norway Chess
Gukesh hunts form at Norway Chess

Hindustan Times

time26-05-2025

  • Entertainment
  • Hindustan Times

Gukesh hunts form at Norway Chess

Stavanger, Norway: As Gukesh D sat down for his social media commitments with Norway Chess ahead of the tournament, he was asked to read out from a little placard looking into the camera as a promo for the broadcasters. 'Hi, I'm Gukesh. I'm the world No. 3...' He paused, glanced down at the placard and, wearing a slightly puzzled look, tried piecing together the rest of the script. Someone from among the handful watching on whispered: 'you're the world champion!' 'Can I say that?' Gukesh inquired. 'Of course,' came the reply. The script was tweaked, and 'world No.3' was mentally erased. It's great to become the youngest world chess champion in history at 18. But it's far from easy. The title brings an unprecedented level of attention in India, heightened interest globally, and a steep rise in expectations. The soft-spoken teen from Chennai isn't used to it all—nor is he a natural at it (though he doesn't mind the occasional dance). In this small Norwegian town, where all players are cooped up in the same hotel, you might catch Magnus Carlsen watching basketball on his iPad at breakfast or Arjun Erigaisi chatting with his mother over lunch. Gukesh, however, has been a rare sight in such common areas, appearing mostly for official tournament engagements. During the chat, when asked to name a Bollywood movie title that best fits his World Championship triumph, he struggled to come up with one before sheepishly offering: 'Baahubali, maybe.' The comparison wasn't far off. The youngster was made to feel like the larger-than-life Baahubali in the immediate aftermath of his stunning victory over Ding Liren last December. He returned to a hero's welcome in Chennai—garlands, cheering crowds, and a slew of felicitations, including the prestigious Khel Ratna award. Gukesh admitted it took time to adjust. As part of that learning curve, he now wears a mask when stepping out in Chennai—or anywhere in India—where he thinks he might be recognized. 'I've learned to deal with it. I've settled into it,' Gukesh told Norway Chess. 'It's one of those things—soon after the World Championship, everything changed so much.' So did the way other players view him. This 18-year-old is no longer the wide-eyed prodigy or the hungry challenger. He's the bona fide world champion—with or without the Carlsen asterisk. 'When I wasn't world champion and I was playing the world champion, it was motivating for me,' Gukesh said. 'So, I think it's the same now for others. And it motivates me too—to keep working and improving myself. It's a healthy challenge.' It's a challenge he's currently navigating. The dream of becoming world champion has been followed by the reality of a dip in form. The man who scaled the summit of classical chess is now hunting desperately for wins. The Tata Steel Masters in Wijk aan Zee—where he tied for first in classical and lost to R Praggnanandhaa in a tiebreak—has been a rare exception in an otherwise forgettable run leading into Norway Chess. The tournament features a stacked field, including the world's top five players. 'After the World Championship... Wijk was really good... but since then, none of the tournaments have actually gone well,' Gukesh said. 'But okay—I'm back to working, back to training, back to playing. If I keep doing the right things and stay consistent, the results will come. And this [Norway Chess] is one opportunity to pull it back.' For Gukesh, the biggest challenge in his transition from prodigy to world champion is eliminating weak moments during tournaments. At a lower level, you might get away with them, but now, he says, 'you get punished literally every time.' The margin for error is minimal, and the spotlight on each of his results, maximal. He's carried expectations from a young age, but this, as he puts it, is a 'new level.' 'But I see it as a challenge—to prove to myself that I can handle this. Even though expectations are high, I can meet them if I keep working hard and doing my best.' That's what he's aiming for now: to rediscover his form—not to prove anything about his legitimacy as world champion, or his quality as a chess player. 'Last year, in classical chess, I already played a few tournaments that kind of proved whatever needed to be proven,' he said. 'Right now, the focus isn't on proving anything. The World Championship is not where I want to stop. I want to go beyond that. So, it's not about proving—it's about improving.'

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