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Hans India
19-07-2025
- Sport
- Hans India
Praggnanandhaa bows out of title race in Freestyle Grand Slam Tour
Las Vegas: Grandmaster Arjun Erigaisi defeated Uzbekistan's Nodirbek Abdusattorov to storm into the semifinals but R Praggnanandhaa bowed out of the title race after losing to USA's Fabiano Caruana at the USD 750,000 Freestyle Grand Slam Tour here. Arjun prevailed over Abdusattorov 1.5-0.5 while Praggnanandhaa lost an intense battle 3-4 against Caruana. The American duo of Levon Aronian and Hans Moke Niemann were the other winners in the quarterfinal stage, defeating compatriot Hikaru Nakamura and Javokhir Sindarov of Uzbekistan respectively. While Aronian won by a 2.5-1.5 margin over four games, Niemann took longer in beating Sindarov 4-2. In the semifinals, Arjun will take on Aronian while Niemann will meet Caruana. In the lower bracket, world number one Magnus Carlslen regained his winning touch and ousted Vidit Gujrathi 2-0. American Wesley So won 1.5-0.5 against compatriot Samuel Sevian while Leinier Dominguez Perez had a smooth 1.5-0.5 victory over Bibisara Assaubayeva of Kazakhstan. Vincent Keymer of Germany, the winner of the first leg, defeated Robson Ray, also from America, by 2.5-1.5 margin. Arjun was a class act in both games and enjoyed the advantage from the word go. Playing white in the second game the Indian won a rook for a Bishop early, and very soon, it did not look like a Freestyle game, as Arjun simply overpowered Abdusattorov with his extra material. Earlier in the first game too, Arjun enjoyed an advantage after the opening, but some unforced errors in the later part of the game allowed the Uzbek to get a half point. Praggnanandhaa and Caruana were involved in as many as seven decisive games and the Indian was in lead on three occasions. Praggnanandhaa won the first, lost the second and the story continued till the sixth, until Caruana pulled away before winning the decisive seventh game. It is not the end of the road for Praggnanandhaa though as he now moves to the lower bracket with seven other players for another set of knockout games.
Time of India
18-07-2025
- Business
- Time of India
Chess: Arjun Erigaisi storms into semifinals, Praggnanandhaa bows out of title race
Las Vegas: Grandmaster Arjun Erigaisi defeated Uzbekistan's Nodirbek Abdusattorov to storm into the semifinals but R Praggnanandhaa bowed out of the title race after losing to USA's Fabiano Caruana at the USD 750,000 Freestyle Grand Slam Tour here. Arjun prevailed over Abdusattorov 1.5-0.5 while Praggnanandhaa lost an intense battle 3-4 against Caruana. Explore courses from Top Institutes in Select a Course Category PGDM Others Design Thinking Project Management Data Science Technology others MCA Leadership Finance CXO Operations Management Data Analytics Artificial Intelligence Digital Marketing MBA Cybersecurity Data Science Degree Public Policy Management Product Management Healthcare healthcare Skills you'll gain: Financial Analysis & Decision Making Quantitative & Analytical Skills Organizational Management & Leadership Innovation & Entrepreneurship Duration: 24 Months IMI Delhi Post Graduate Diploma in Management (Online) Starts on Sep 1, 2024 Get Details The American duo of Levon Aronian and Hans Moke Niemann were the other winners in the quarterfinal stage, defeating compatriot Hikaru Nakamura and Javokhir Sindarov of Uzbekistan respectively. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Linda Kozlowski, 67, Shows Off Her Perfect Figure In A New Photo The Noodle Box Undo While Aronian won by a 2.5-1.5 margin over four games, Niemann took longer in beating Sindarov 4-2. In the semifinals, Arjun will take on Aronian while Niemann will meet Caruana. Live Events In the lower bracket, world number one Magnus Carlslen regained his winning touch and ousted Vidit Gujrathi 2-0. American Wesley So won 1.5-0.5 against compatriot Samuel Sevian while Leinier Dominguez Perez had a smooth 1.5-0.5 victory over Bibisara Assaubayeva of Kazakhstan. Vincent Keymer of Germany, the winner of the first leg, defeated Robson Ray, also from America, by 2.5-1.5 margin. Arjun was a class act in both games and enjoyed the advantage from the word go. Playing white in the second game the Indian won a rook for a Bishop early, and very soon, it did not look like a Freestyle game, as Arjun simply overpowered Abdusattorov with his extra material. Earlier in the first game too, Arjun enjoyed an advantage after the opening, but some unforced errors in the later part of the game allowed the Uzbek to get a half point. Praggnanandhaa and Caruana were involved in as many as seven decisive games and the Indian was in lead on three occasions. Praggnanandhaa won the first, lost the second and the story continued till the sixth, until Caruana pulled away before winning the decisive seventh game. It is not the end of the road for Praggnanandhaa though as he now moves to the lower bracket with seven other players for another set of knockout games. Results quarterfinals: Arjun Erigaisi (Ind) beat Nodirbek Abdusattorov (Uzb) 1.5-0.5; R Praggnanandhaa (Ind) lost to Fabiano Caruana (Usa) 3-4; Levon Aronian (Usa) beat Hikarru Nakamura (Usa) 2.5-1.5; Hans Moke Niemann (Usa) beat Javokhir Sindarov (Uzb) 4-2. Lower bracket: Lenier Dominguez Perez (Usa) beat Bibisara Assaubuyeva (Kaz) 1.5-0.5; Magnus Carlsen (Nor) beat Vidit Gujrathi (Ind) 2-0; Wesley So (Usa) beat Samuel Sevian (Usa) 1.5-0.5; Vincent Keymer (Ger) beat Robson Ray 2.5-1.5.
Zawya
27-02-2025
- Business
- Zawya
BCA Joins Bank BNI and Bank Mandiri to Back BUMA's Diversification Strategy with USD250 Million Equivalent Facility
PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), secured a USD250 million equivalent Accordion Facility from PT Bank Central Asia Tbk (BCA). The accordion facility builds on BUMA's existing syndicated financing facility with PT Bank Negara Indonesia (Persero) Tbk (BNI) and PT Bank Mandiri (Persero) Tbk (Bank Mandiri), further diversifying its sources of financing. The accordion facility upsized the syndicated financing facility from USD750 million to USD1 billion. BCA's participation underscores the firm trust of Indonesia's top banks in BUMA's operational excellence and long-term growth strategy, including the company's efforts in business diversification. JAKARTA, INDONESIA - Media OutReach Newswire - 27 February 2025 - PT Bukit Makmur Mandiri Utama (BUMA), the principal subsidiary of PT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), further strengthened its financing by securing a USD250 million equivalent Accordion Facility from PT Bank Central Asia Tbk (BCA). The multi-currency facility, which includes up to USD75 million and Rp2.88 trillion from BCA, builds on BUMA's existing syndicated financing as part of its broader strategy for financial diversification. Initially secured in December 2023 with PT Bank Negara Indonesia (Persero) Tbk (BNI) and later expanded with PT Bank Mandiri (Persero) Tbk (Bank Mandiri), the expansion of BUMA's syndicated financing facility demonstrates the robust confidence of Indonesia's leading banks in BUMA's track record on operations and growth. With BCA joining the syndication, the total facility is upsized to USD1 billion, further highlighting BUMA's successful achievements in diversifying funding sources. Iwan Fuad Salim, Director of Delta Dunia Group, stated, 'We are honored by the ongoing support from Indonesia's leading banks—BNI, Bank Mandiri, and now BCA. BCA's decision to join the syndication further widens our financial sources and reinforces the Banks' confidence in BUMA's track record and strategy. This expanded facility plays a key role in our financing diversification strategy, enhancing our ability to manage resources effectively, and ensuring sustained progress.' The initial USD750 million syndicated financing facility was strategically structured into two tranches, allowing BUMA to refinance its debts and loans, thus providing financial flexibility until 2029. Simultaneously, this financing facility will be used to fund a transformative acquisition as part of the company's efforts to diversify its business towards more sustainable practices. Silfanny Bahar, Director of BUMA, added, 'The Accordion Facility from BCA equips BUMA with strengthened financing, enabling BUMA to implement transformative actions that capitalize on current market opportunities swiftly. This facility also reaffirms our commitment to accelerating progress and creating meaningful value for our stakeholders.' 'With the strong backing from our syndicated facility, BUMA is well-positioned for continued success as a diversified global company,' Iwan concluded. Hashtag: #DeltaDuniaGroup The issuer is solely responsible for the content of this announcement. About PT Delta Dunia Makmur Tbk (Delta Dunia Group): Established in 1990, PT Delta Dunia Makmur Tbk (Delta Dunia Group) is a prominent holding company operating in Indonesia, Australia, and USA. Our principal subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), is a leading provider of mining services to some of the largest miners in Indonesia and Australia (through BUMA Australia Pty Ltd). In June 2024, through PT Bukit Makmur Internasional (BUMA International), it acquired Atlantic Carbon Group, Inc. (ACG) and became the leading producer of ultra-high-grade anthracite in the USA, further strengthening the Group's global footprint in the mining industry. In 2023, Delta Dunia Group expanded its portfolio with the addition of two new subsidiaries: PT Bukit Teknologi Digital (BTech), developing AI deep learning technologies to improve operational efficiency, reduce emissions, and minimize Occupational Health and Safety (OHS) operational risks and PT BISA Ruang Nuswantara (BIRU), a social enterprise dedicated to education, vocational schools, and fostering circular economy. Listed on the Indonesia Stock Exchange (IDX Code: DOID), Delta Dunia Group is headquartered in Jakarta, Indonesia, and is supported by a workforce of over 16,000 employees across Indonesia, Australia, and USA. In June 2024, Delta Dunia Group was recognized among the Top 200 in the inaugural FORTUNE Southeast Asia 500 rankings, a prestigious list that identifies the region's largest companies by revenue. Delta Dunia Group
