An International Olympic Committee rule that forces a sport to wait seven years before it can potentially become part of the Games programme is "more or less obsolete," IOC President Thomas Bach said on Monday.
The Sports Ministry-IOA row over the tenure limit guidelines has been settled and both have agreed to "work together with mutual respect and understanding", the International Olympic Committee said in a statement.
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.
International Olympic Committee President Thomas Bach laid to rest speculation about India's possible bid for the 2024 Olympics, saying Prime Minister Narendra Modi did not even propose it during their meeting in New Delhi on Monday.
Indian Oil Corporation (IOC), the country's largest oil refiner and marketing company, is looking to cut operating costs in order to offset the daily loss of Rs 150 crore (Rs 1.5 billion) due to selling petroleum products at subsidised rates.
A year before Paris Olympics, Ukraine torn over whether to compete
State-owned Indian Oil Corp (IOC) is losing Rs 151 crore per day in revenues on selling diesel, domestic LPG and kerosene below their imported cost, a company official said on Thursday.
Ukraine on mission to ban Russia from Paris Olympics
Indian Oil Corporation, the country's largest refiner, has put up a war chest of $2 billion for acquiring a medium-sized foreign oil firm to set up its own exploration and production division.
Athletes from one sport should not be punished for the sins of those from another, the IOC president said on Wednesday, cooling speculation that Russia could be banned from the Olympics altogether for systematic doping.
Olympic long jump champion Greg Rutherford has branded the International Olympic Committee's decision not to impose a blanket ban on Russia at next month's Rio Games as "spineless" and expressed surprise that more athletes were not speaking out.
Toughening its stance on the tenure limitation of sports bosses in the country, the Government on Wednesday proposed to send a senior official to the International Olympic Committee (IOC) headquarters in Switzerland to sort out the matter.
The former beat Railways 1-0 while PSB blanked Chandigarh 2-0 in the Super League of the National hockey championship.
Cash strapped Sri Lankan unit of Indian Oil Corporation on Tuesday announced it will not replenish stocks unless the Sri Lankan government moved to settle a disputed Rs7.44-billion subsidy claim.
The International Olympic Committee (IOC) hinted on Tuesday that gold medallist swimmer Ye Shiwen of China had not tested positive for any drugs as the doping controversy triggered by her sensational performances refused to abate.
Up to three billion people are expected to tune in for the opening ceremony in Paris.
The IOC said that the disciplinary commission will have "the right to ask for disclosure of any and all documents, for the hearing of witnesses and experts if necessary".
After getting Indian Oil Corporation, the nation's largest oil firm, to drop four independent directors and Engineers India Ltd to boot out two, it is now seeking to sack former Power Secretary P Uma Shankar, chartered accountant S Ravi and former BPCL Chairman R K Singh from the board of ONGC.
Indian Oil Corporation has signed a memorandum of understanding with Coffee Day Xpress for setting up coffee bars and kiosks at its retail outlets.
The International Olympic Committee (IOC) will set up a disciplinary commission to look into the case of South Korean footballer Park Jong-woo, who flashed a political sign at the London Olympics to inflame a diplomatic row with Japan.
With time running out and the threat of India's ouster from the Olympic family looming large, the Sports Ministry on Tuesday sought an early meeting with IOC President Jacques Rogge to solve what it described as a 'false situation of crisis' created by the IOA officials.
As many as 500 athletes from the two countries could compete under a neutral flag, but will not be permitted to win medals.
The 23-year-old was stripped of her 1,500 metres gold and 5,000 metres bronze won in Pusan, South Korea, after testing positive for a metabolite of the banned steroid nandrolone
For the first time in 32 years male boxers will be able trade punches without any headgear at this year's Rio Games after the International Olympic Committee sanctioned a change introduced by world boxing federation AIBA.
State-run Indian Oil Corporation (IOC) and private sector Reliance Industries are understood to have climbed higher in the Fortune Global 500 rankings this year, capturing the 135th and 269th, places respectively.
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.
State-owned Indian Oil Corp and Oil India Ltd on Tuesday confirmed making an 'approach' to take over the Middle-East focussed oil firm Gulfsands Petroleum Plc for an undisclosed cash amount.
Aiming at nurturing management leaders in the energy sector, Indian Oil Corporation on Friday signed a MoU with the Indian Institute of Management, Ahmedabad
GAIL will have 36 months to lay and commission the pipeline with a capacity to transport up to 60 mscmd of gas.
Indian Oil Corporation will buy 40 per cent of ONGC Videsh Ltd's stake in the Greater Nile Oil Project in Sudan.
Indian Oil Corporation, the country's largest refiner, has lost out in the race for acquiring a stake in Indonesia's largest listed oil and gas producer Medco.
The last week of March saw a series of new refining capacity going on stream. HPCL-Mittal Energy, Essar Oil and Mangalore Refinery & Petrochemicals (MRPL) were able to announce completion of capacity additions a couple of days before the seven-year tax holiday in this regard came to an end, on March 31.
The country's biggest fuel retailer Indian Oil Corporation on Wednesday said it is losing Rs 107 crore (Rs 1.07 billion) a day on selling auto and cooking fuel below cost even as it awaits the government to announce clear compensation package.
Marion Jones and Tim Montgomery should be free to compete in the Olympic Games since the drug allegations against them are not proven, IOC president Jacques Rogge said.
