Business Wire

TECH-MAHINDRA

4.6.2021 13:36:05 CEST | Business Wire | Press release

Share
FIDE and Tech Mahindra Announce Landmark Partnership Marking a Key Milestone in the Creation of the Global Chess League

The International Chess Federation is pleased to announce a new partnership with Tech Mahindra Ltd., a leading provider of digital transformation, consulting and business re-engineering services and solutions. The Memorandum of Understanding signed between the parties focuses on creating together the Global Chess League, a project first proposed by Tech Mahindra Ltd. earlier this year. Now, with the support of FIDE, the Global Chess League will be provided with an accredited and exclusive status as the only world league officially recognised by the governing body of the sport of chess.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210604005308/en/

The competition will be established as a first-of-its-kind “phygital” (physical and digital) league, engaging players from all levels – professional or otherwise. In principle, it will have several franchise-owned teams from across the globe, which will comprise a mix of titled players along with juniors and wildcard entrants playing each other in an exciting format.

FIDE and Tech Mahindra will join their forces and expertise to ensure that the spirit of the game and the highest sporting and organization standards are maintained. FIDE will help structure the technical regulations, and promote the league through its media channels, providing the global audience with an engaging platform.

The collaboration between Tech Mahindra and FIDE will also promote playing of chess in new and innovative formats, create opportunities for youth, and foster many champions globally. The partnership aims to leverage new-age technologies like 5G, artificial intelligence, virtual reality, among others, and explore innovative ways of promoting the game through interactive technology-enabled platforms.

A new holding company will be created to operate the functioning of the Global Chess League, in which the FIDE president will be part of the board of Directors. The project will also count on the five-time world chess champion Viswanathan Anand as mentor and partner, who will not just advise but will also help shape the league.

Anand Mahindra , Chairman, Mahindra Group, said, “From tweeting about the game to forming a league under Viswanathan Anand’s mentorship, and now on-boarding FIDE – the entire journey has been very gratifying. With the coming together of all the forces in the field of chess and technology, we hope the ‘Global Chess League’ will take the game to new heights and create vibrant opportunities for the entire chess community across the world.”

The collaboration will support several of FIDE’s grassroots initiatives and make chess an attractive career choice and game of global reckoning.

Arkady Dvorkovich , FIDE President, said, “The motto of Chess is ‘Gens una sumus,’ meaning 'We are one people', and we at FIDE take this unique opportunity to popularize the game which bears the motto of uniting the world. We are endeavouring to dramatically enhance its visibility through a global league powered by technology and are honoured to have partnered with Tech Mahindra. I am certain that Tech Mahindra’s expertise will further aid in elevating The Global Chess League to the next level, accelerate its popularity and lay out the most riveting tournament for chess fans.”

As part of its NXT.NOW framework, which aims to enhance ‘Human Centric Experience’, Tech Mahindra has a deep focus on leveraging cutting-edge technologies to deliver enhanced experience and enable digital transformation to meet the evolving needs of the customer.

CP Gurnani , MD & CEO, Tech Mahindra, said, “Chess and the business ecosystem are reflections of the same ‘game’, which hold people, strategy and adaptations at their core. The partnership with FIDE marks the coming together of two organizations to promote, revolutionize and drive fan engagement of a historical game, like Chess. We see great potential in this partnership which aims to raise the profile of the game, discover next generations of Chess champions - including women and children, enhance the fan base across the globe and take it to new commercial heights.”

Viswanathan Anand , five-time World Chess Champion and the mentor and partner of the Global Chess League, said, “With FIDE coming on board along with Tech Mahindra, I am sure the Global Chess League will help in catalyzing the popularity of the game while keeping the spirit of the game intact, and create opportunities for young talent across the world”

About Global Chess League:

In February 2021, Tech Mahindra launched first-of-its-kind Global Chess league. The Global Chess League will engage players from all levels – professional or otherwise and will have several franchise owned teams from across the world. The teams will comprise of a mix of titled women and men players along with juniors and wildcard entrants playing each other in an exciting format. The teams qualifying for the semifinals will enter the knockout stage of the championship. Tech Mahindra will act as the architect behind this concept and will provide necessary operational and technological support to execute the vision.

Viswanathan Anand, five-time World Chess Champion and the Global Chess Leagues official mentor and partner will help catalyse the growth of chess.

About FIDE:

The International Chess Federation (FIDE) is the governing body of the sport of chess, and it regulates all international chess competitions. Constituted as a non-governmental institution, it was recognized by the International Olympic Committee as a Global Sporting Organization in 1999.

FIDE currently has its headquarters in Laussane, but it was initially founded in 1924 in Paris under the motto “Gens una Sumus” (Latin for “We are one Family”). It was one of the very first International Sports Federations, alongside the governing bodies of the sports of Football, Cricket, Swimming, and Auto Racing. It is now one of the largest, encompassing 195 countries as affiliate members, in the form of National Chess Federations. Chess is nowadays a truly global sport, with dozens of millions of players in all the continents, and more than 60 million games in average played every day.

More information: www.fide.com

Contact: press@fide.com

About Tech Mahindra

Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and society to rise. We are a USD 5.1 billion organization with 121,000+ professionals across 90 countries helping 1007 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Cybersecurity, Artificial Intelligence, and more, to enable end to end digital transformation for global customers.

Tech Mahindra is one of the fastest growing brands and amongst the top 15 IT service providers globally. Tech Mahindra has consistently emerged as a leader in sustainability and is recognized amongst the ‘2021 Global 100 Most sustainable corporations in the World’ by Corporate Knights. With the NXT.NOW framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. We aim at delivering tomorrow’s experiences today, and believe that the ‘Future is Now’.

We are part of the Mahindra Group, a USD 19.4 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume. It also enjoys a strong presence in renewable energy, agribusiness, logistics and real estate development. Headquartered in India, Mahindra employs over 2,56,000 people across 100 countries. Connect with us on www.TechMahindra.com .

Link:

ClickThru

Social Media:

https://www.facebook.com/TechMahindra

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

CFO Worx Named No. 448 on the 2026 Inc. 5000 List, the Most Prestigious Ranking of America’s Fastest-Growing Private Companies13.8.2026 22:21:00 CEST | Press release

Company Recognized for 776% Three-Year Revenue Growth, Earning a Place Among the Nation’s Most Successful Independent Businesses CFO Worx today announced it has been ranked No. 448 on the 2026 Inc. 5000 list, the annual list of the fastest-growing private companies in America. The list is the most prestigious ranking of the nation’s most successful independent and entrepreneurial businesses, recognizing companies that have achieved remarkable growth while driving innovation, creating jobs, and shaping the future of the economy. Past honorees include companies such as Microsoft, Meta, Chobani, Oracle, and Patagonia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260813927944/en/ Brian Alvarez, CEO of CFO Worx "Earning a place on the list comes down to the trust our clients place in us and is a testament to the caliber of the team behind every engagement," said Brian Alvarez, CEO of CFO Worx. This year’s Inc. 5000 recognizes a

Andersen Global udvider sine juridiske kompetencer gennem samarbejde med Beech Incorporated13.8.2026 18:01:00 CEST | Pressemeddelelse

Andersen Global indgår en samarbejdsaftale med det sydafrikanske advokatfirma Beech Incorporated og udvider dermed sine juridiske kompetencer i regionen. Beech Incorporated leverer juridisk og regulatorisk rådgivning til mine-, vedvarende energi-, infrastruktur-, olie- og gassektorerne med speciale inden for fusioner og opkøb, kommercielle forhold, projektfinansiering, sundhed, sikkerhed og miljø, ansættelsesret samt compliance. Firmaets tværfaglige team rådgiver klienter gennem hele projektets livscyklus – fra udvikling og finansiering til drift og interessenthåndtering – og er anerkendt som et førende advokatfirma af blandt andre publikationer somChambers and Partners og The Legal 500 . "Vores tilgang bygger på en praktisk forståelse af de brancher, vi arbejder inden for, og på at levere konkret og handlingsorienteret rådgivning til klienter, der opererer i komplekse regulatoriske miljøer," siger Warren Beech, der er CEO for Beech Incorporated. "Gennem samarbejdet med Andersen Global

BTG Pactual TIG and Conservation International Reach 20,000 Hectares of Cerrado UnderRestoration, Accelerating Latin American Reforestation Strategy, Increasing Biodiversity andSocial Impacts13.8.2026 17:47:00 CEST | Press release

BTG Pactual Timberland Investment Group (BTG Pactual TIG) and Conservation International today announced that native ecosystem restoration is now underway across more than 20,000 hectares of Brazil's Cerrado biome, marking a significant acceleration of the firms' Latin American reforestation strategy. According to data recorded by the Brazilian Restoration and Reforestation Observatory, an independent platform that tracks and maps native vegetation recovery, this further cements the strategy’s position as the largest ever restoration effort in the region. Conservation International serves as Impact Adviser for social and environmental outcomes. The strategy focuses on conserving, restoring and reforesting degraded landscapes across Latin America, including Brazil's Cerrado, one of the world’s most biodiverse and fastest disappearing seasonally dry ecosystems. More than half of the Cerrado has already been cleared for cattle ranching and farming. The strategy targets degraded cattle pas

Milliman names Jim Fulton next CEO13.8.2026 17:40:00 CEST | Press release

Fulton to assume CEO role in October after 11 years as CFO Milliman, Inc., a leading global actuarial and consulting firm, today announced that Jim Fulton has been named Milliman’s next Chief Executive Officer. Fulton has served as Milliman’s Chief Financial Officer since 2015 and has been a leader driving the firm’s organic growth and M&A strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260811027168/en/ Milliman, Inc., a leading global actuarial and consulting firm, today announced that Jim Fulton has been named Milliman’s next Chief Executive Officer. Fulton has served as Milliman’s Chief Financial Officer since 2015 and has been a leader driving the firm’s organic growth and M&A strategy. Fulton’s appointment reflects Milliman’s evolution from an actuarial firm to a multidisciplinary consultancy, risk management, and technology solution provider. His expertise includes stints with Big 4 accounting and private equi

Clinilabs Announces Leadership Expansion and Welcomes Laura Shannon as Chief Executive Officer and Promotion of Founder Gary Zammit, Ph.D., to Executive Chairperson13.8.2026 16:05:00 CEST | Press release

Clinilabs, a leading specialty contract research organization (CRO) focused on central nervous system (CNS) drug and device development, today announced leadership expansion. Laura Shannon joins the organization as Chief Executive Officer as Gary Zammit, Ph.D., the Company’s founder, assumes the role of Executive Chairperson. This expansion of the senior leadership team is a recognition of a growing organization with global capabilities and continuing commitment to advancing treatments for patients with psychiatric and neurological disorders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260813362140/en/ Laura Shannon joins Clinilabs as Chief Executive Officer as Gary Zammit, Ph.D., the Company’s founder, assumes the role of Executive Chairperson Ms. Shannon is a dynamic leader with more than 30 years of biopharma industry experience, known for her ability to build high-performing teams, forge strategic alliances, and drive

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye