The Tashir International Chess Tournament in memory of Tigran Petrosian, takes place between November 3 and 11 at the Novotel Moscow City hotel. Tigran Petrosian was the 9th World Chess Champion, and would have celebrated his 85th birthday this year. The tournament format is a round-robin, with a prize fund of 100,000 euro. Players will have 100 minutes for 40 moves, then 50 minutes for 20 moves, then 15 minutes for the rest of the game, with a 30 second increment from move one. The Tashir Group of companies operate in various sectors of the Russian economy, including construction, manufacture, finance, power energy, development, retail and entertainment.