The company had earlier stated that for a fall of every rupee against dollar, it loses about Rs 90 crore (Rs 900 million) on a yearly basis.
Ace drag-flicker Sandeep Singh slammed five goals, including a hat-trick, as India qualified for London Olympics men's hockey after missing out the 2008 edition by spanking France 8-1 in the final of thequalification tournament in New Delhi on Sunday.
It was 'Sandeep Mania' at its peak with a near-capacity crowd cheering ace drag-flicker Sandeep Singh as he did a 'high-five' to fulfill India's London Dreams at the Dhyan Chand National Stadium, New Delhi on Sunday.
India rode on Sandeep Singh's brilliance to virtually seal its place in the final of the men's hockey Olympic Qualification tournament after defeating Canada 3-2 in a hard-fought round-robin match in New Delhi on Wednesday.
Ace drag-flicker Sandeep Singh continued his goal-scoring spree as he scored a hat-trick to guide favourites India to a convincing 6-2 win over France in an enthralling match in the men's hockey Olympic qualification tournament, in New Delhi, on Tuesday.
India staved off a late fight back to beat South Korea 2-1 and register their first first victory in the Sultan Azlan Shah hockey tournament in Ipoh, Malaysia, on Friday.
The cloud of doubt that threatened to disrupt the million-dollar World Series Hockey (WSH) has been cleared after warring factions Hockey India (HI) and the Indian Hockey Federation (IHF) entered into an interim arrangement on Monday.
Having failed to adapt to the blue turf during the Olympic hockey test event in London recently, India hockey team is keen to play more on the surface to get adjusted to it ahead of the Games, says ace drag-flicker Sandeep Singh.
Here's how the heavyweights are faring.
Drag-flicker Sandeep Singh converted two penalty corners as India beat hosts South Africa 4-2 to set up title date with Belgium in the Champions Challenge Hockey tournament on Saturday.
Hockey India's general secretary Narender Batra on Wednesday said they are planning to take strong disciplinary action against Sandeep Singh and Sardara Singh for abruptly leaving the national camp, currently underway in Bangalore.
The Board of Control for Cricket in India on Tuesday announced cash awards of Rs 20 lakh each for the senior selection committee members following India's maiden Test series win in Australia.
Sandeep Singh is the toast of the nation after his exploits in the 2012 London Qualifying tournament in New Delhi. TWFcorrespondent Abhiroop Mukherjee in conversation with Sandeep.
Ace drag-flicker Sandeep Singh continued his goal-scoring spree as he scored a hat-trick to guide favourites India to a convincing 6-2 win over France in an enthralling match of the men's hockey Olympic Qualification tournament, in New Delhi on Tuesday.
Playing with excellent touch and rhythm, ace Indian drag-flicker Sandeep Singh is keen to add at least a dozen more goals in his career tally by the end of ongoing hockey Olympic qualifying tournament.
'And Tina, that girl inside that woman, wants to try different things.'
Fully aware of penalty corners' importance in modern day hockey, Canada coach Robin D'Abreo said that star drag-flicker Sandeep Singh will be a potential threat for the opponents of India in the hockey Olympic qualifiers to be held in New Delhi from February 18-26.
Hockey India's disciplinary panel chairman Pargat Singh on Friday demanded a stern action against the country's top five players, who left the ongoing national camp in Bangalore without permission to attend a function organized by the rival Indian Hockey Federation.
Placed in a tough pool, India's hockey coach Michael Nobbs says vice-captain Sardara Singh and ace drag-flicker Sandeep Singh's form will be crucial to the team's chances in the upcoming London Olympics.
A misfiring India squandered chances and conceded a late goal to go down 1-2 to hosts Spain in the second hockey Test in Santander.
As part of a rotation policy, goalkeeper Bharat Chetri was on Thursday named captain while the controversial duo of Sandeep Singh and Sardara Singh were recalled to the Indian hockey team for next month's tour of Australia. Veteran midfielder Ignace Tirkey will be Chetri's deputy.
Drag-flicker V Raghunath and midfielder Vikas Kumar were on Wednesday included in place of Sandeep Singh and Sardara Singh in the squad for the Asian Champions Trophy hockey after the two senior players abruptly left the national camp, currently underway in Bangalore.
Drag-flick specialist Sandeep Singh and striker S V Sunil scored two goals each as India dished out fast and entertaining hockey to beat South Africa 7-4 in the Champions Challenge in Johannesburg on Sunday.
At least six senior players, including former captain Rajpal Singh, are not in the team for the tournament, starting May 5, in Ipoh, Malaysia.
India's badminton ace Saina Nehwal will be conferred the prestigious Rajiv Gandhi Khel Ratna award, the country's highest sports honour.
An army jawan committed suicide by shooting himself with his service rifle near the Line of Control in Jammu and Kashmir's Kupwara district on Friday, officials said.
Hockey India secretary-general Narinder Batra said the duo e-mailed their appeal plea to him on Thursday and sought for a meeting with him next week.
In a move which could derail the ambitious plan of the Indian Hockey Federation to organise a World Series of Hockey in the country, the FIH has threatened to bar players and national associations from participating in the Olympic Games if they associate with the league.
Battling a spate of injuries and non-selection of two star players Sandeep Singh and Sardara Singh -- double defending champions India will be looking to complete a hat-trick of titles in the Sultan Azlan Shah Cup hockey tournament that begins in Ipoh, Malaysia, on Thursday.
Reader Rishi sent us these pictures from Rourkela, Orissa.
Dragflicker Sandeep Singh converted two penalty corners to help India inflict a 3-1 defeat on England in their second practice match ahead of the Commonwealth Games in New Delhi on Tuesday.
Rajpal Singh was on Monday named captain of the 16-member hockey squad, announced by Hockey India, for the 2010 Commonwealth Games.
Veteran forward Arjun Halappa has been appointed captain of the Indian team for next month's Sultan Azlan Shah Cup hockey tournament in Malaysia even as drag-flicker Sandeep Singh and Sardara Singh failed to find a place in the list of 45 probables.
Disappointed with the bronze medal finish at the Asian Games, ace drag flicker Sandeep Singh on Sunday said that the Indian hockey team was the best in the quadrennial event but lack of video referral system deprived the team of a well-deserved victory against Malaysia in the semi-final.
An "active member" of Pakistan's Inter State Intelligence, who was living in India for the last five years, was arrested in Ludhiana on Thursday, the police said.
Those who took first flights from the Indira Gandhi International Airport included paramilitary personnel, army men, students, and migrants, who failed to book a ticket on the special trains being run by the railways. Many said they shelled out more to reach the airport as there were limited public transport options available.
'I would like to work with certain people, which is not happening. I am still struggling.' 'There are people in this industry who want to work only with their favourite people.'
Australia proved too good for India in the men's hockey tournament at the Commonwealth Games on Thursday. The World champions thrashed the hosts 5-2 in a Pool A match and took a step closer to the semi-finals. Desmond Abbott (2nd minute), Trent Mitton (6th), Eddie Ockenden (48th), Liam de Young (54th) and Glenn Turner (58th) scored for Australia while Dharamvir Singh (12th) and Sandeep Singh were India's goal-getters.
Indian hockey team's go-young policy paid off in the just-concluded Azlan Shah Cup and the team would keep on trying new faces in future tournaments as well, national coach Harendra Singh said.
Sandeep Singh fired in two penalty corner goals as India defeated Japan 3-2 to notch up their fourth consecutive win and finish at the top of Group B in the hockey competitions of the Asian Games in Guangzhou on Sunday.