State-run Indian Oil Corporationon Tuesday said that it has earmarked $1 billion for the acquisition of good-quality producing or developing E&P assets abroad.
McDonald's, whose four restaurants in London's Olympic Park include its biggest in the world, extended its 36-year backing of the Games in January by signing up as sponsor for another eight years.
With the Rio Olympics less than three weeks away, the IOC on Monday promised "the toughest sanctions available" after a report found Moscow had concealed hundreds of positive doping tests in many sports ahead of the Sochi winter Games.
IOC raises prospect of boxing being pulled from Paris Games
The pilot ejected safely and a court of inquiry has been ordered to ascertain the cause of the accident, the IAF said in a brief statement.
Up to three billion people are expected to tune in for the opening ceremony in Paris.
Top officials of five National Sports Federations on Monday claimed Randhir Singh violated the Olympic Charter by approaching the government to seek clarification on his candidature for the president's post in the upcoming polls of the Indian Olympic Association (IOA).
India's import of discounted crude oil from the Russian Federation hit an all-time high in May, with state-run refiner IOC becoming the biggest importer of Russian oil, relegating Reliance Industries to the second place, trade and shipping data show. Indian imports of Russian oil, accounting for over 46 per cent of its total crude oil imports in May, have grown after strong backing by New Delhi, with state-run refiners powering imports of discounted crude. Discounts on Russian oil average around $10 a barrel, said an official from a state-run refiner. IOC's May purchases rose by 64 per cent on the month, and accounted for half of its total crude imports last month, ship tracking data show.
The International Olympic Committee (IOC) has appreciated Indian Olympic Association's (IOA) concern for the victims of 1984 Bhopal Tragedy but maintained that Dow Chemicals had no ownership stakes in Union Carbide till 2000.
Saudi Arabia looks set to send women athletes to an Olympics for the first time later this year.
Maruti Udyog Ltd on Wednesday launched a new loyalty programme for its customers, which will see the company issue an autocard in partnership with IOC and Citibank.
Oil and Natural Gas Corporation said on Friday it was willing to buyback the company's holding with IOC and GAIL and has no immediate plans to divest the stake it holds in IOC and GAIL. \n
FIFA President Sepp Blatter was relieved of his International Olympic Committee ex officio membership on Monday.
Jacques Rogge was re-elected as president of the International Olympic Committee (IOC) for a second term until 2013 on Friday. Rogge, who ran unopposed, took over in 2001 from Juan Antonio Samaranch as the eighth president of the IOC since the organisation was founded in 1894, two years before the first modern Games in Athens.
International Olympic Committee (IOC) vice president John Coates called Brazil's preparations for the 2016 Rio de Janeiro Games "the worst" he has ever seen and critically behind schedule, but warned there is no "plan B" to find another host.
The president of wrestling's world governing body FILA resigned on Saturday less than a week after the International Olympic Committee (IOC) recommended that the sport be dropped from the 2020 Summer Games.
Here's what your favourite Bollywood celebrities are tweeting.
An International Olympic Committee report on the three cities wanting to host the 2020 Summer Olympics indicated there was no clear favourite among the bids from Madrid, Tokyo and Istanbul.
Bhupinder Singh Bajwa will be the chairman of the panel with hockey Olympian M M Somaya and former international shuttler Manjusha Kanwar being the other two members.
National Rifle Association of India president Raninder Singh has made an appeal to not politicise the federation's upcoming elections and said its constitution is not in conflict with the government's sports code and the IOC.
Factbox on former International Olympic Committee president Juan Antonio Samaranch, who died on Wednesday at the age of 89.
The defiant Indian Olympic Association (IOA) finally slammed its door on corrupt officials on Sunday in a precariously late act of compliance to get the country's Olympic ban overturned.
The second sample of Ukraine's Olympic heptathlon silver medalist Lyudmila Blonska, who has been provisionally suspended from the Beijing Games, tested positive for steroids, the IOC said on Thursday.
The resolution recognised the contribution of sports in creating an atmosphere of tolerance and understanding among peoples and nations, its role to prevent and counter terrorism and violent extremism and its contributions to building resilience against radicalisation to violence and terrorist recruitment.
Scandal-plagued FIFA have turned to the man who helped the International Olympic Committee (IOC) out of their corruption crisis, appointing Swiss Francois Carrard as chairman of their reform committee.
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
The IBA has also welcomed the presence of an IOC monitoring group, which would "see first-hand IBA's best practices regarding technical and competitions rules, specifically its heralded bout review process," the federation said.
The Olympic Council of Asia has thrown its weight behind IOA's disgruntled acting-President V K Malhotra and Secretary General Randhir Singh and has urged the IOC against meeting officials from the suspended IOA during Wednesday's crucial joint meet to end India's Olympic suspension.
The International Olympic Committee made it clear on Wednesday that it will propose suspension of the Indian Olympic Association at its Executive Board Meeting early next month if the upcoming elections are held under the government's Sports Code.
The International Olympic Committee on Wednesday confirmed it had received the letter.
IOC's entry into Haldia Petrochemcials Limited was virtually approved of, with the two main promoters -- West Bengal government and The Chatterjee Group -- agreeing to IOC's proposal of management control in the company.
This threat from UWW comes days after the Delhi High Court was considering an application filed by four wrestlers including Tokyo Olympics bronze medallist Bajrang Punia after the IOA dissolved the ad hoc committee on March 18 saying that there was "no further need" for it to run.
Describing wrestling's omission from the 2020 Summer Games as against the Olympic tradition, the Sports Ministry asked India's representative in the IOC Randhir Singh to urgently take up the matter with the Executive Board and request the world body to reconsider its decision.
Left in lurch after denial of government funding, Indian luge competitor Shiva Keshavan has found support from the IOC, which has granted him the Olympic Solidarity Scholarship to compete in the qualifiers for the 2014 Sochi Winter Games.
Some members of Ukraine's Sochi Olympics team have decided to leave the Winter Games as widespread anti-government protests back home have left dozens dead and hundreds injured, the International Olympic Committee said on Thursday.
The International Olympic Committee (IOC) on Tuesday mourned the death of three French sports stars, including two Olympic medallists, in a helicopter accident during the filming of a reality show.
The London 2012 Olympics will be the first to have a set of guidelines for female athletes with excessive levels of male hormones, the International Olympic Committee (IOC) decided on Tuesday.
