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.
After Reliance Industries Ltd and its partner bp plc of the UK, Nayara Energy - the nation's largest private fuel retailer - has started selling petrol and diesel at Re 1 less than the fuel sold by state-owned retailers, officials said. While state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) continue to hold prices despite a drop in international rates, private fuel retailers have started passing on the benefit to consumers. "To further stimulate domestic consumption and cater to local customers better, we have introduced a Re 1 discount in our retail outlets until the end of June 2023," a spokesperson for Nayara Energy said.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
'We are trying passionately to protect those clean athletes who are going to Rio 2016'
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.
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.
Pakistani shooters were not allowed to participate in the ISSF event in Delhi.
Chairman of Indian Oil Corporation, M S Ramachandran, said on Wednesday that the possibility of merging its subsidiary IBP & Co Ltd with the parent company cannot be ruled out.
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.
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.
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.
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 on Thursday warned India of a possible ban from the Olympics unless it resolves the spat over the country's sports chiefs. After a two-day meeting in Lusanne, the IOC executive board said India will have take care of a number of issues.
State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on petrol has trimmed due to recent firming up in international oil prices, industry officials said detailing reasons for continuing to hold retail prices. Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), who control roughly 90 per cent of India's fuel market, 'voluntarily' have not changed petrol, diesel and cooking gas (LPG) prices for almost two years now, resulting in losses when input cost was higher and profits when raw material prices were lower.
The International Olympic Committee has warned of "appropriate measures" against India in its next executive board meeting this July if the country's sports ministry goes ahead with a legislation which puts a limit on the age and tenure of sports federation heads.
The disinvestment-bound carrier, which is incurring Rs 15 crore loss per day, has huge dues towards oil companies and Airports Authority of India, among others.
Disgraced retired cyclist Lance Armstrong's Sydney 2000 Olympic medal is back with the International Olympic Committee.
The International Olympic Committee will consider taking action against pole vault world champion Yelena Isinbayeva, a Youth Olympics ambassador, after her comments in favour of Russia's new gay law triggered a major controversy last month.
A Taiwanese Olympic gold medallist has lost his appeal against a ruling which barred him from taking part in an election for the International Olympic Committee (IOC) athletes' commission last year.
Oil Corporation's Gujarat refinery has started production of Euro-III emission norm compliant petrol, the company said on Wednesday.
From PM Modi to sporting icons, India rejoice Manu Bhaker's historic Olympic medal
The choice of Beijing as host of the 2022 Winter Olympics over Kazakhstan's Almaty was a solid vote for the tried and tested, and the financial and organisational security of China.
The rejection of Vinesh's appeal means India's tally from the Paris Olympics will be of six medals which includes one silver and five bronze.
Buoyed by the record medal haul at the Hangzhou Asian Games, Indian Olympic Association (IOA) president PT Usha on Sunday supported the government's plan to place a proposal to host the 2036 Olympics.
Indian Oil Corporation Ltd has received shareholders approval for merging its subsidiary, IBP Co Ltd with itself.
Determined to go ahead with the regulation to limit the tenure of sports bosses, the Sports Ministry on Wednesday requested International Olympic Committee (IOC) to respect India's "national sentiments" and help the government give the country a "better deal".
Thirty one athletes from six sports could be banned from this year's Rio de Janeiro Olympics after 454 doping samples were re-tested from the 2008 Beijing Olympics, the International Olympic Committee said on Tuesday.
Frustrated by two failed bids to get squash into the Olympics, world number one Nicol David and her fellow players have embarked on a campaign to raise the sport's global profile in an attempt to win over IOC chiefs in Hong Kong this week.
'We need more support from states to back budding talents from not-so-affluent families.'
Rana hardly minced words as he questioned the federation's tendency to make last-minute changes to its policy, and its stubborn refusal to acknowledge or facilitate the presence of shooters' personal coaches at national camps and trials.
