Wrestling should be removed from the 2020 Olympic Games, the International Olympic Committee's Executive Board said in a surprise recommendation on Tuesday as it looks to revamp the Games sports programme.
Not even IOC President Jacques Rogge knows who will light the cauldron at the opening ceremony of the London Olympics. Rogge says 'I'd love to know" but 'this is one of the best kept secrets.'
The proposed chemical plant will use 2,50,000 tons of naphtha produced by IOC's Barauni refinery and the natural gas that GAIL plans to bring from eastern offshore and imported LNG through the planned Jagdishpur-Haldia pipeline. The two firms by the fiscal year would prepare a techno-economic feasibility study for the unit that would take up to five years for construction.
In a significant move towards resolving the issues that led to India's ban from the Olympic family, the International Olympic Committee has asked the Indian Olympic Association to fix a date, in consultation with the Sports Minister, for a meeting before the end of this month in its headquarters in Lausanne.
In the semi-finals of the DDA invitation hockey tournament, IOC will play Punjab Police, while Punjab and Sind Bank will meet Army XI.
The IOC's financial situation remains solid despite the global economic crisis, with reserves of $558 million and continuing increases in television and sponsorship revenues.
International Cycling Federation (UCI) president Pat McQuaid enjoys the support of the International Olympic Committee despite the sport's tarnished image and the UCI's bitter row with the World Anti-Doping Agency, the IOC said.
ONGC Videsh Ltd and Oil India Ltd-Indian Oil Corp combine have won an oil block each in Libya. \n
An oil pipeline at Makum in upper Assam's Tinsukia district was on Tuesday damaged in an explosion, for which the United Liberation Front of Asom claimed responsibility. The explosion in the pipeline of the IOC-Assam Oil Division created a 4-ft crater in Pachim Mamarani area, AOD sources said, adding that there was no report of any casualty.
Indian Oil Corporation sought an increase in prices of petrol, diesel, domestic LPG and PDS kerosene on Tuesday as spiralling global oil prices had put "enormous" burden and may result in a revenue loss of over Rs 8,500 crore (Rs 85 billion) this fiscal. While the government and oil companies were bearing their share of the burden, the consumers have so far been spared from any hike in fuel prices despite crude oil touching a historic high of $93 per barrel.
The acquisition of stake in Progress Energy Resources Corp's shale gas assets and Pacific NorthWest LNG for 1 billion Canadian dollars ($900 million) marks IOC's maiden entry into North America.
State fuel retailers IOC, Bharat Petroleum and Hindustan Petroleum sell diesel, domestic LPG and kerosene at government dictated rates which are lower than cost of production.
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.
Olympic gold medallist shooter Abhinav Bindra on Tuesday lashed out at Indian Olympic Association officials for refusing to accept International Olympic Committee's directive to bar chargesheeted persons from contesting elections and asked the world body to stick to its earlier stand.
However, disinvestment secretary Sumit Bose said right now there is nothing on the cards.
They have been named for their stake in the Farsi offshore block.
IOC president Jacques Rogge hopes India would have become a 'sporting tiger' by the 2020 Olympics.
Just days before the eight-year deadline expires, the IOC formally stripped American cyclist Tyler Hamilton of his 2004 gold for doping Friday and awarded the medal to a Russian rider who now becomes a three-time Olympic champion.
IOC is planning to sell its bonds worth Rs. 2, 000 crores to face the financial crunch caused due to non-revision of fuel price.
Amid growing resentment over Dow Chemicals' association with the London Olympics, the IOA's Executive Board decided to write a 'strong' protest letter to the IOC, seeking the removal of the company as a sponsor of the Games next year.
Cricket is seen as one of the favourites given the sport's wide global reach, its financial strength and broadcast appeal.
Indian Oil Corporation wants to set up a petrochemical plant in Yemen provided it is allocated a gasfield, a senior company official said on Friday.
IOC-OIL have decided to hold 25% stake in RIL's East Timor oil and gas block.
With reference to the news article appearing in a leading financial daily captioned 'IOC, National Iran Oil in stock swap talks', Indian Oil Corporation Ltd has informed BSE that the matter has not yet been finalised and it is too early to comment.
Indian Oil Corporation has emerged as the top company in oil trading amongst national oil companies in the Asia Pacific region, as per the annual survey conducted by Applied Trading Systems, Singapore for the year 2003.
'We are approaching major test events in August and we all need to see progress in this regard.'
State-run Indian Oil Corporation plans to set up solar power panels and power plants at its over 18,100 retail outlets across the country at a cost of Rs 500 crore (Rs 5 billion).
Indian Oil Corporation has started buying crude oil from Cairn India's Rajasthan oil fields, which have now crossed the 1,00,000 barrels per day mark in production.
Indian Oil Corporation said on Thursday that it would spend Rs 2,400 crore (Rs 24 billion) on overhauling its marketing operations
Concerned at the state of affairs of the Indian Olympic Association, the International Olympic Committee has threatened to suspend the governing body if it fails to conduct its election within the coming weeks.
Indian Oil Corporation on Friday offered a stake to Kuwaiti companies in its upcoming petrochemical plant at Panipat and the proposed refinery at Paradip.
Indian Oil Corporation signed an agreement with West Bengal government on Wednesday for setting up a world class petroleum, chemical and petrochemical hub at Haldia.
The International Olympic Committee (IOC) too, is going big on popularising e-Sport with Singapore being confirmed to host the inaugural Olympic Esports Week in June next year.
The International Olympic Committee (IOC) will look into allegations that Azerbaijan was promised two gold medals at next year's London Olympics in exchange of cash and could launch its own inquiry, it said on Friday.
Having endured a "strange" feeling while walking under the IOC flag in the opening ceremony of Sochi Winter Olympics, Himanshu Thakur is a relieved man now as he will be able to take part in the closing ceremony under the tri-colour after the world body lifted the ban on the country.
The petroleum ministry said there was no proposal to merge IOC and ONGC though the divestment ministry had made such a suggestion.
Indian Oil Corp, the country's largest refiner, said on Thursday the value of its inventory of crude oil and refined products dropped Rs 350 crore (Rs 3.5 billion) in April as crude prices fell after the Iraq war.
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