Latest news with #increment
Indian Express
25-05-2025
- Entertainment
- Indian Express
All you need to know about Last Chance Qualifier (LCQ), the final qualification path for chess at Esports World Cup 2025
The 'Last Chance Qualifier' LCQ — the final qualification path for chess at the Esports World Cup (EWC) — has been announced recently, as the Dreamhack Dallas 2025 event will act as the LCQ, filling up the last four spots for the EWC 2025. The DreamHack festival, set to happen from May 23 to 23 at the Kay Bailey Hutchison Convention Centre in Dallas, is an open-to-all event where any professional or amateur player can participate and confirm their spot for Riyadh, Saudi Arabia's capital city, where the EWC 2025 will take place. Earlier, 12 players were finalised in the EWC roster for chess through the two-leg Champions Chess Tour 2025. Five-time world champion and world No. 1 Magnus Carlsen, world No. 3 and popular Twitch and YouTube streamer Hikaru Nakamura and reigning co-world blitz champion Ian Nepomniachtchi qualified for EWC after finishing in the top three of CCT's first event, the Chessable Masters, which was played in February. Nine other players, including India's Arjun Erigaisi — the only player from this country — confirmed their spots through the second leg of CCT, the Classic 2025. R. Praggnanandhaa missed out on qualification just by a whisker, and alongside him, players like Aravindh Chithambaram and Nihal Sarin — both of whom signed with an Indian Esports organisation, S8UL — and current world champion D. Gukesh might try their luck to qualify for the lucrative EWC through the LCQ. The EWC will offer prize money of $1.5 million (12.8 cr) with a time control set to be 10 minutes for the entire game with no increment(10+0). What is the Esports World Cup? The Esports World Cup brings together top esports clubs across 24 popular titles. EWC 2025 will run in Riyadh from July 7 to August 24, featuring chess as an online event for the first time. The inaugural 2024 edition spanned eight weeks, while the 2025 event will be history's largest multi-title esports tournament with 2,000+ players, 200+ teams, and a $70 million (≈₹602 crore) prize pool. How can one register and participate in LCQ?
News18
17-05-2025
- Sport
- News18
R Praggnanandhaa Wins Superbet Classic After A Tough Tiebreak
Published By : PTI Grandmaster R Praggnanandhaa won his first Grand Chess Tour by defeating Maxime Vachier-Lagrave in the Superbet Classic, scoring 1.5 points in the tiebreaker. Grandmaster R Praggnanandhaa defeated Maxime Vachier-Lagrave of France to win his first-ever tournament on the Grand Chess Tour by showcasing his supremacy in the the Superbet Classic. The Indian, after drawing with the Armenian-American GM Levon Aronianin in the final round, was assured of a tie for the first place. Maxime Vachier-Lagrave and Alireza Firouzja also won to match Praggnanandhaa on 5.5 points. This led to a tiebreaker between the three, with five minutes and a two-second increment after every move. In the first game with black pieces, Praggnanandhaa had to work hard in a slightly difficult position against Firouzja but the end result was a draw. In the second game Firouzja drew with Vachier-Lagrave. In the last game of the event, Praggnanandhaa crashed through the defences of Vachier-Lagrave earn the top prize. The Indian scored 1.5 points in his blitz games, half a point more than Firouzja and one more than the other French Grandmaster. advetisement It was a sweet comeback for Praggnanandhaa after last year's debacle when he lost all his games in the play-offs. 'I didn't do so well last time. I guess getting to rest a few hours before the tiebreak certainly helps," Praggnanandhaa said at the prize-giving ceremony. After his relatively early draw with Aronian in the Classical game, the Indian had rested in his room for a few hours. Praggnanandhaa also thanked his second for the tournament, GM Vaibhav Suri, and his permanent trainer Grandmaster RB Ramesh on the occasion. The Indian won a cash award of USD 77,667 (around Rs 66 lakh) for his efforts. Results (Round 9): R Praggnanandhaa (Ind, 5.5) drew with Levon Aronian (USA, 4); Deac Bogdan-Daniel (Rou, 4) lost to Alireza Firouzja (Fra, 5.5); Maxime Vachier-Lagrave (Fra, 5.5) beat Jan Krzysztof (Pol, 3); Wesley So (4) drew with Nodirbek Abdusattorov (Uzb, 4.5); D Gukesh (Ind, 4) drew with Fabiano Caruana (USA, 5). Tiebreak result: Praggnanandhaa drew with Firouzja; Firouzja drew with Vachier-Lagrave; Praggnanandhaa beat Vachier-Lagrave. (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) First Published:
News18
16-05-2025
- Sport
- News18
Superbet Classic: R Praggnanandhaa Shares Top Spot Following Draw With Levon Aronian
Published By : PTI Last Updated: The winner will be decided via tiebreaks after three players, Praggnanandhaa, Alireza Firouzja and Maxime Vachier-Lagrave finished the ninth and final round with 5.5 points apiece. Grandmaster R Praggnanandhaa played out a draw with Levon Aronian of the United States to finish in a three-way tie for first place at the Superbet Classic, the opening event of the Grand Chess Tour. With three players — Praggnanandhaa, Alireza Firouzja and Maxime Vachier-Lagrave — ending the ninth and final round with 5.5 points apiece, the winner will be decided via tiebreaks. In the tiebreaker, the players will play two mini games of 5 minutes each plus a two second increment and if the tie persists the winner will be decided through an Armageddon game. The Superbet Classic carries a total prize purse of USD 350,000. Praggnnanadhaa did not take many chances with his pieces against Aronian who came up with an opening surprise in the form of French defense. Employing a quite set-up, Praggnanandhaa exchanged the Queens early and the result of the game thereafter was not in any doubts as the pieces changed hands at regular intervals. The players finally arrived at an opposite coloured Bishops endgame where the draw was agreed to after 43 moves. Vachier-Lagrave defeated off-form Duda Jan-Krzysztof of Poland with white pieces going for complications in a Ruy Lopez game. Duda did well to maintain the balance but a huge positional blunder on move 34 cost him dearly as his king came under massive threats by white's heavy pieces. Vachier-Lagrave won quite easily thereafter. Firouzja defeated Deac Bogdan-Daniel of Romania in a keenly contested game where the Romanian seemed to have an upper hand in the middle game. Firouzja, a master of tactics spotted a whole in white's calculation after sacrificing an exchange and turned the tables in 54 moves. In other matches of the day, D Gukesh played out a draw with Fabiano Caruana of United States while American Wesley So got the same result against Nodirbek Abdusattorov of Uzbekistan. In the final rankings, Caruana finished fourth on 5 points, a half point ahead of Abdusattorov on 4.5. Gukesh after a lot of ups and downs in the event, ended tied fifth on 4 points with Wesley, Aronian and Bogdan-Daniel. Duda with 3 points, had to be content with the last place. Results: R Praggnanandhaa (Ind, 5.5) drew with Levon Aronian (USA, 4); Deac Bogdan-Daniel (Rou, 4) lost to Alireza Firouzja (Fra, 5.5); Maxime Vachier-Lagrave (Fra, 5.5) beat Jan Krzysztof (Pol, 3); Wesley So (4) drew with Nodirbek Abdusattorov (Uzb, 4.5); D Gukesh (Ind, 4) drew with Fabiano Caruana (USA, 5).
Mint
09-05-2025
- Automotive
- Mint
Mercedes-Benz hikes prices in India by up to 1.5%; new rates effective from June and September 2025
Mercedes-Benz has announced a price revision across its entire Indian lineup, with increases of up to 1.5 per cent to be rolled out in two stages. The first phase of the hike will take effect from 1 June 2025, followed by a second increment on 1 September 2025. According to the company, this two-stage process is designed to soften the financial impact on customers and provide more flexibility in planning their purchases. The luxury carmaker confirmed that prices will rise by amounts ranging from ₹ 90,000 to ₹ 12.2 lakh, depending on the model. The Mercedes-Benz C-Class will see the smallest increase of ₹ 90,000, raising its starting price to ₹ 60.3 lakh (ex-showroom). The GLC 300 4MATIC will become dearer by ₹ 1.5 lakh, with its new price set at ₹ 78.3 lakh. Meanwhile, the E 200 will see a rise of ₹ 2 lakh, taking its new price to ₹ 81.5 lakh. The GLE 300d 4MATIC AMG Line will have a price increase of ₹ 2.5 lakh, pushing its sticker price to ₹ 1.01 crore. The EQS SUV 450 4MATIC will see a ₹ 3 lakh jump, making its new price ₹ 1.31 crore, while the GLS 450 4MATIC will now cost ₹ 1.37 crore after a ₹ 3.1 lakh increase. The most substantial hike applies to the flagship Mercedes-Maybach S 680, which will see its price rise by ₹ 12.2 lakh, taking it to ₹ 3.60 crore. All prices mentioned are ex-showroom. Mercedes-Benz stated that despite having absorbed rising operational costs for some time, it is now compelled to pass on a portion of these costs to customers to ensure business sustainability. The company attributed the need for the price revision primarily to the sharp increase in foreign exchange rates since January 2025, which has significantly impacted the cost structure of components and fully imported models. Explaining the rationale behind the two-stage price hike, Mercedes said that the staggered approach would allow customers to plan their purchases more effectively and opt for finance schemes that best suit their needs. The company highlighted that for popular models like the GLC and GLC SUVs, the increase in monthly instalments would be less than ₹ 2,000 after the price adjustment. Through Mercedes-Benz Financial Services, the company offers various flexible payment options, including lower interest rates, reduced EMIs, and partial ownership schemes.
Yahoo
29-04-2025
- Business
- Yahoo
Marshall Mitchell: Mitchell apartment complex, transmission service seek to utilize taxes for growth
Apr. 28—MITCHELL — These developments in Mitchell just got their first steps approved, but aren't done yet. The Mitchell Planning and Zoning Commission approved recommendations for two Tax Increment Districts (TID) within the city of Mitchell to cover the infrastructure cost of an apartment complex, a transmission service and a city street. A TID makes use of a special tax as provided by governing bodies for financing the installation of a development's infrastructure within a strict boundary over a set period of time. TID No. 41 was approved for recommendation for Paul Groeneweg's Woods Apartments, a proposed 70-unit complex with two- and three-bedroom apartments across 12 buildings. The boundary of TID No. 41 includes the empty lots south of First Avenue between Tiger Street and Mattie Street, as well as all of Mattie Street south of First Avenue and north of East Havens Avenue. TID No. 41 will be a total maximum of $4.3 million in tax financing. The Woods Apartments development is an estimated $9.5 million project, but TID No. 41 only covers the infrastructure cost of the developer at $2.28 million, which is 24% of total costs. Additionally, TID No. 41 is projected to cover the city's construction of Mattie Street, estimated at $2.02 million. Infrastructure that is eligible for reimbursements include running trenching for electricity and gas lines, construction management, landscaping, building permits, utility connections, detention ponds, excavation, adding storm sewers and concrete curb and gutter. The city tacked on Mattie Street to the TID's boundaries with the goal of finishing construction of Mattie Street. The developer will be reimbursed for developing infrastructure for the Woods Apartments before the city considers developing Mattie Street. City Attorney Justin Johnson estimated that it would be three to four years before the city would know how much tax increment is generated within the TID No. 41 boundaries, and then be able to make decisions on how to fund the full development of Mattie Street. "Any reminder would pay for the cost of Mattie Street," Johnson said. In recent years, city-approved TIDs function as a pass-through grant, and the city bears no debt nor issues a bond for the tax district. The apartments will be income-restricted, and rent must be at 80% of median income. A coffeeshop is also included in the plans as well as a detention pond for storm drainage. The TID expires in 20 years or when the $4.3 million has been paid out, whichever comes first. TID-opponent Steve Sibson, of Mitchell, referenced the city's tax increment financing guideline for economic impact and analysis. "I don't see any detailed analysis of why this project is not feasible without the TIF," Sibson said. Both TID district developers were represented by Don Petersen of MorganTheeler law firm. This will be Groeneweg's second TID within Mitchell city limits. In 2022, TID No. 27 was approved for a 22-lot housing development on the north side of Lake Mitchell at Fiala Road. Petersen estimated that the Fiala Road housing development was almost finished. TID No. 42 TID No. 42 was approved for recommendation for Dale's A1 Transmission at 1100 S. Burr St. This will be an expansion of the transmission service building, located south of East Ivy Street between South Burr Street and South Capital Street. The building expansion is estimated at $1.15 million. A TID cannot exceed the tax capability of property values within the tax boundary, so while the eligible costs for reimbursement are at $417,000, only $340,00 can be reimbursed through the life of the TID, according to Johnson. Co-owner Daren Long hopes to begin construction as soon as the council approves the TID and to be done with construction by late fall. The building addition will "Cut the wait times down, and make things flow better," Long said. The Planning and Zoning Commission's recommendations will go before the Mitchell City Council on Monday, May 5 at 6 p.m.
