A scam-tainted Suresh Kalmadi escaped the International Olympic Committee's wrath by deciding to 'suspend' himself as IOA President, according to a top IOA official.
The Indian Olympic Association will not abide by Sports Ministry's direction to reply to the show-cause notice by Friday on the controversial elevation of Suresh Kalmadi and Abhay Singh Chautala as life presidents as it will first consult its parent international body.
Indian Oil Corporation on Monday said there was no shortage of LPG even as it claimed it was checking against diversion of cooking gas for unauthorised use.
Engineering conglomerate Larsen & Toubro (L&T) is preparing the ground to begin the commercial sale of electrolysers in September, which would be 50 per cent cheaper than its European counterparts, a senior company executive has said. An electrolyser is a key equipment required for the generation of green hydrogen. Last quarter, L&T manufactured its first electrolyser as a prototype.
With the Petroleum Ministry opposing disinvestment of IOC in the market, government is exploring the option of selling its shares to other oil PSUs like ONGC and OIL.
Individual Russian track and field athletes assessed as clean will be able to compete for their country in Brazil, the Olympic Games' top official said on Tuesday, diluting a blanket ban the sport's global federation had called for.
A total of 23 athletes from five sports tested positive for banned drugs in re-checks of 265 samples from the London 2012 Olympics, the International Olympic Committee said on Friday.
Indian Oil Corp, the country's largest oil firm, has opened its first petrol station in Mauritius, making it the second country after Sri Lanka where IOC has begun fuel retailing outside India.
There was not a chance in hell that India's finest squash player Saurav Ghosal would continue playing the game in his 40s but the sport's inclusion in the 2028 Olympics after decades of wait has forced the 37-year-old to rethink about his future plans.
The International Olympic Committee has told the Indian Olympic Association to sack "charge-framed" officials through constitutional amendments by October 31 and conduct fresh elections by December 15 if it wants to return to the Olympic fold.
Singapore's Ng Ser Miang is expected to announce a bid for the International Olympic Committee (IOC) presidency on Wednesday, a source close to the Olympic movement told Reuters on Tuesday.
Ukraine on mission to ban Russia from Paris Olympics
'We are trying passionately to protect those clean athletes who are going to Rio 2016'
Indian Oil Corporation and its partner Oil India Ltd have won an oil block in Libya in the first ever joint foray in oil and gas exploration overseas.
Deutsche Bank has chosen Indian Oil Corp as one of the top global stock picks in the oil and gas sector.
In news that will please Indian sports lovers, IOA secretary-general Rajeev Mehta confirmed on Tuesday that the International Olympic Committee has lifted the ban on India.
All 11 Russian boxers who qualified for the Rio Olympics have been given the all clear to compete at the Games, the International Boxing Association (AIBA) said on Thursday.
The International Olympic Committee (IOC) will retest frozen samples from previous Games after an improved testing method led to hundreds of positive cases that went undetected, according to a German television channel.
Modi is believed to have signed on Ashok's appointment file before he left for Brazil to attend BRICS Summit, an oil ministry official said in New Delhi.
By forcing Kenyan athletes to undergo additional drugs tests before allowing them to compete in Rio, the International Olympic Committee is trying to intimidate his countrymen, a former running champion said on Wednesday.
N G Kannan, director (marketing), Indian Oil Corporation, has taken over as the managing director of petro-retailer IBP Co Ltd.
The successor to International Olympic Committee (IOC) President Jacques Rogge will remain an unpaid volunteer after all six presidential hopefuls turned down the idea of a salary, Rogge said on Friday.
The International Olympic Committee (IOC) has no plans to cut short the global torch relay despite disruptions by protesters in London and Paris, Olympic chief Jacques Rogge told the Wall Street Journal. Reports the IOC executive board would consider scrapping the torch relay outside China at a meeting in Beijing later this week are "based on a misunderstanding", the IOC president told the paper.
Indian Oil Corporation, the country's largest oil marketing company, has put on hold its plan to set up a 15-million tonne refinery at Haldia due to the economic downturn.
The government has approved the merger of fuel retailer IBP Co Ltd with IOC in an amalgamation that would provide the state-run refiner improve profits and allow the new entity to compete against private firms and multinationals.
The country's largest refiner Indian Oil Corp is planning an initial public offer of its Sri Lankan subsidiary Lanka IOC by June this year to raise between $20-25 million.
Sports Minister Jitendra Singh on Wednesday wrote to the International Olympic Committee (IOC), urging the world body's Executive Board to reconsider its decision to remove wrestling from the 2020 Summer Games roster.
The International Olympic Committee's financial reserves edged close to one billion dollars in 2012 up from just $105 million (67 million pounds) when outgoing president Jacques Rogge took over 12 years ago, he said in his final report on Sunday.
WFI President Sanjay Singh on Friday assured that the protesting wrestlers' trio of Bajrang Punia, Vinesh Phogat and Sakshi Malik would not face any discrimination and he would personally approach them for appearance in the Olympic Qualifiers trials, which will be held in Maharashtra.
A total of 1,016 candidates -- 664 men and 352 women -- have qualified in the examination and have been recommended by the Union Public Service Commission for appointment to various services.
The IOA elections were due last December but have been held up by a court case seeking to change its constitution in line with rules stipulated by the national sports code.
Quarterly earnings, global trends and trading activity of foreign investors will drive stock markets in this holiday-shortened week, analysts said. It will be a trading holiday on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya. Equity markets would also remain closed on Friday for Republic Day.
Indian Oil Corporation may expand its Haldia refinery in West Bengal to 7.4 million tonnes from 6 million tonnes, IOC chairman M S Ramachandran said on Monday.
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