Sudhir Bisht urges R S Butola, chairman of Indian Oil Corporation to take up cudgels on behalf of the shareholding public so that IOC remains a 'profit-making' Fortune 500 company.
'Risk for the other residents of Olympic village and risk for the Japanese people is zero'
The IOC has taken out a $170 million insurance policy to cover total or partial cancellation of the 2004 Olympic Games.
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.
One Olympic sport will learn next month that its Games future is in jeopardy when the International Olympic Committee (IOC) meets to decide the shape of the summer Games from 2020.
The International Olympic Committee (IOC) on Friday unveiled its first ever team of refugees which will have 10 members and 12 officials and will compete at the 2016 Rio de Janeiro Games under the Olympic flag.
The new International Olympic Committee president will be elected in Buenos Aires after the Argentine capital on Wednesday beat Malaysia's Kuala Lumpur for the right to host the 2013 IOC session.
A boycott of the London Games because of Dow Chemical's sponsorship has not been mentioned by the Indian Olympic Association, the International Olympic Committee (IOC) said.
Indian women's team eased past Uzbekistan while the men endured successive defeats with the loss to South Korea in the World Table Tennis Team Championships in Busan on Monday.
The acquisition of stake in Progress Energy Resources Corp for 1 billion Canadian dollars ($900 million) mark IOC's maiden entry into North America.
The dashing India forward scored three goals in a 4-0 win over CISF in the Bombay Gold Cup hockey tournament.
The IOC took back US sprinter Marion Jone's five Sydney 2000 Games medals after she admitted to taking drugs.
IOC, in the annual performance memorandum it signs with the petroleum ministry, stated that the Navratna oil companies should be granted freedom to fix retail selling price of petrol, diesel, domestic LPG and kerosene.
Wrestling has introduced drastic changes designed to keep the ancient sport in the Olympic programme, the newly-elected president of the world governing body (FILA) said on Saturday.
Wrestling has introduced drastic changes designed to keep the ancient sport in the Olympic programme, the newly-elected president of the world governing body (FILA) said on Saturday.
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.
Govt to earn Rs 13,000 crore via stake sales in NTPC and IOC.
Besides IOC, Royal Dutch Shell is believed to have evinced interest in reviving the petrol pumps, industry sources said. Reliance, as part of a two part bid process, had sought expression of interest from IOC, Shell, Bharat Petroleum and Hindustan Petroleum by Friday for a possible partnership for reopening the petrol pumps.
A procession of barges will take nearly 7,000 athletes along the river past Paris's most famous landmarks, while more than 300,000 spectators will watch from the banks.
Faced with huge under-recoveries, Indian Oil Corporation on Saturday sought an immediate upward revision of petrol and diesel prices to the the extent of Rs 10.50 paise per litre.
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.
India has welcomed the IOC's invitation to attend a meeting at its headquarters in Switzerland and sees it as a positive step towards its return to the Olympic fold, a top government official told Reuters on Friday.
Indian Oil Corporation has been ranked as the number one oil trading company amongst national oil companies in the Asia Pacific region.\n
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.
The Indian Olympic Association's acting president V K Malhotra and IOC member in India Randhir Singh are apparently miffed with the world body's changed stance.
Global oil prices have slumped and India has access to larger amounts of discounted Russian crude oil, yet refiners are not passing on their savings to consumers
After making it available at petrol pumps, the convenient 5-kg cooking gas (LPG) cylinder will now be available at kirana stores and supermarkets in select cities.
IOC and sister PSUs Bharat Petroleum and Hindustan Petroleum are losing Rs 4.60 on sale of every litre of petrol and Rs 2.33 per litre of diesel currently, IOC director (marketing) G C Dagga told reporters in New Delhi.
ONGC Videsh Managing Director Ranbir Singh Butola was selected to head Indian Oil Corp, the nation's largest refining and fuel marketing firm.
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.
Public sector oil giant Indian Oil Corporation is investing $100 million in its Sri Lankan subsidiary Lanka IOC Ltd during 2004-05 as part of its retail foray in the island country.
IOC president Jacques Rogge promised that the IOC would take any necessary action over allegations made about bidding for the 2012 Games.
The International Olympic Committee proposed to hold a meeting with Indian Olympic Association and government representatives while maintaining that it would consider lifting of the ban on India only if the IOA holds elections solely under the Olympic Charter.
International Olympic Committee (IOC) president Thomas Bach, who is scheduled to meet Prime Minister Narendra Modi later this month, feels that a huge country like India should win more Olympic medals and aim to become a sporting powerhouse in the future
Sri Lanka may extend its contract with Indian Oil Corporation for import of diesel and jet fuel during February-April.
With the sword of suspension by the International Olympic Committee over its head, the Indian Olympic Association officials met Sports Minister Jitendra Singh on Friday in a bid to resolve the election dispute. A nine-member panel, which included president-designate Abhay Singh Chautala met the minister and urged the government to find a solution to the problem as soon as possible.
