Indian Oil Corporation is keen on acquiring stake in three refineries in Nigeria and is eyeing refinery turnaround jobs in African and West Asian countries.
The International Olympic Committee has asked its Indian member Randhir Singh to take all measures, including legal action, against 'illegitimate individuals' claiming to represent the suspended Indian Olympic Association.
Net profit in the January-March quarter stood at Rs 3,905.16 crore (Rs 39.05 billion) from Rs 5,556.77 crore (Rs 55.56 billion) a year ago, IOC chairman R S Butola told reporters in New Delhi.
The IOC had stripped the IBA in 2019 of its involvement in last year's Tokyo Olympics due to governance, finance, refereeing and ethical issues. The sport was also not included in the initial programme for the 2028 Los Angeles Games.
Indian Oil Corporation, India's largest refiner, on Thursday sold half its stake in gas firm GAIL (India) Ltd for Rs 561.54 crore (Rs 5.61 billion) to repay debts and raise money for expansion plans.
With hopes of the ban on the Indian Olympic Association being lifted, Sports Minister Jitendera Singh, on Monday, cleared the air, stating that, if needed, he will meet International Olympic Committee officials in Lausanne.
With the athletes bidding goodbye to Paris after another bone-tingling edition of the Olympics, Norma Astrid Godinho/Rediff.com, shares some interesting nuggets that made the Paris Olympics an event to remember!
The top Indian Olympic Association (IOA) delegates were busy giving finishing touches to their action plan as they geared up for the crucial meeting with the International Olympic Committee in Lausanne to draw a roadmap for India's return to the Olympic fold.
Tokyo would be an inspirational choice to host the 2020 Olympic Games, Prime Minister Shinzo Abe told Olympic officials on Monday, with Japan keen to showcase its recovery from a devastating 2011 earthquake and tsunami.
IOC beat defending champions Indian Airlines 4-1, while PSB edged past Services 2-1 in the 61st Senior National Hockey Championship.
In a reprieve to the suspended Indian Olympic Association, the International Olympic Committee has decided to extend the deadline for adopting an amended constitution, the draft of which is currently being reviewed by the world body.
Indian Oil Corporation on Thursday said its under-recoveries would come down by Rs 2,000 crore (Rs 20 billion) in the next six months on account of the price hike in the petroleum products.
The Sochi Winter Games set records in competitor numbers, medals awarded and quality of venues, keeping athletes happy and proving critics wrong, said International Olympic Committee President Thomas Bach on Sunday.
Ukraine would not rule out boycotting the Olympic Games if Russian and Belarusian athletes are allowed to compete in the Paris 2024 Games, its sports minister said.
The state-run Indian Oil Corporation on Wednesday said it plans to begin the commodity derivative transactions in a few weeks as part of its risk management strategy against the volatile international crude oil prices.
The International Olympic Committee has stripped Lance Armstrong of his bronze medal from the 2000 Sydney Olympics because of his involvement in doping.
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.
North Korean shooting double medalist Kim Jong-su has tested positive for a banned substance and been excluded from the Beijing Olympic Games and stripped of his medals, the International Olympic Committee said on Friday. A female Vietnamese artistic gymnast, who finished out of the medals, has also tested positive for a banned substance, an IOC spokeswoman told reporters.
Denmark is opposed to Russian athletes participating in the Paris Olympics next year even under a neutral flag
Former India hockey captain Zafar Iqbal said the country's prominent athletes would write to the International Olympic Committee seeking its help for drawing up a blueprint for resurrecting sports in the country.
India 'seriously' considering bid for 2036 Games, says sports minister
India's only private sector oil refiner, Reliance Industries, has sought a two-year extension of its agreement with Indian Oil Corp to sell Jamnagar refinery products through the state-run firm's retail network.
Two top Indian Olympic Association officials are preparing to leave for Switzerland for a meeting with International Olympic Committee top brass to plead their case in the wake of the world body's decision to propose IOA's suspension in its Executive Board meeting.
The International Olympic Committee's decision to write a letter directly to the Sports Minister for a joint meeting has come as a surprise to suspended IOA officials.
The powerful performance at Athens by China, Japan and their neighbours marked the "awakening of Asia".
The government on Friday cleared disinvestment in two bluechip state-owned companies IOC and Bhel, which would fetch over Rs 7,300 crore (Rs 73 billion) to the exchequer in the current fiscal.
State-owned refiner Indian Oil Corp and its exploration partner Oil India Ltd plan to bid for two onshore oil and gas exploration blocks in Myanmar.
Indian Oil Corporation on Friday said it has launched a voluntary retirement scheme - for its surplus employees - that is valid till December 31, 2003.
China basked in the glow of their 51st gold medal and got a clear thumbs-up from International Olympic Committee on the last day of the Games on Sunday. The hosts finished well clear atop the medals table with 15 more golds than the United States. The last of the 302 gold medals was won by France in the men's handball.
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.
The state-owned Indian Oil Corporation may see revenue loss on fuel sales jump 63 per cent to over Rs 42,540 crore (Rs 425.40 billion) in the current fiscal.
Defying the ban imposed by the International Olympic Committee, the IOA today went ahead with its Annual General Meeting and elections, insisting that it had not done anything wrong.
But IOC chief inspector Denis Oswald said there is still a lot to do with less than six months before the 2004 Games.
International Olympic Committee (IOC) president Thomas Bach said on Tuesday that the Rio de Janeiro Olympics would be 'spectacular' and a 'great success' despite a political and economic crisis gripping the host nation.
