"I am innocent till proven guilty," a beleaguered Suresh Kalmadi said after CBI raided his house in New Delhi and questioned him for eight hours over allegations of bungling in the conduct of the sporting extravaganza.
A McKinsey veteran, Gupta has decided to take "leave of absence" from management of $1.4-billion PE fund New Silk Route, which he co-founded five years ago.
International Monetary Fund has completed the sale of 403.3 tonnes of gold, as part of its two-year efforts to bolster the lender's finances that also saw India's central bank purchasing 200 tonnes of the precious metal last year.
Greece was an opportunity for the IMF to set a precedent for an orderly debt resolution programme.
Indian Olympic Association president N Ramachandran was awarded the Olympic Order for outstanding service to the Olympic movement on Sunday.
In a bid to clear his name from any possible corruption taint, Commonwealth Games Organising Committee chairman Suresh Kalmadi wrote a letter to Congress MPs ahead of the debate in Parliament, denying any financial irregularities in conducting the Queen's Baton Relay.
The International Hockey Federation's (FIH) Executive Board has made some changes to the rules of the game which will be implemented from next year.
Embattled IPL Commissioner Lalit Modi on Monday rubbished allegations of betting and money laundering in the event and threatened to take legal action against the newspaper which has made the accusations.
Russia has appealed to Olympic authorities to restore its Olympic status and allow its athletes to march with the national flag on Sunday at the Winter Games closing ceremony, but it could be waiting until the last minute for a decision.
The International Cricket Council said on Thursday it may consider increasing the number of participating teams in the World Twenty20 while reducing the number in the 50-over World Cup.
The Indian Olympic Association proposed boycott of the 2022 Birmingham Commonwealth Games for dropping shooting from the roster.
With the current Pakistan tour marred by match-fixing allegations, a concerned ECB on Friday sought an assurance from the ICC that the game's world body does not have evidence which could result in charges or suspension of players prior to the conclusion of the series.
Amid criticism that it failed to meet the expectations of the people, the theme song of the Commonwealth Games composed by A R Rahman has been tweaked a bit to make it peppier like the popular Bollywood number 'Chak de'.
A R Rahman's Commonwealth Games theme song has failed to impress the CWG Organising Committee's executive board member V K Malhotra, who feels the composition has 'fallen short of expectations'.
Chandigarh Lions captain Chris Cairns and middle order batsman Dinesh Mongia have been suspended by the Executive Board of the Indian Cricket League on disciplinary grounds. South African all-rounder Andrew Hall will take over as Lions skipper, an ICL statement said, without elaborating the reasons behind the step.
Fiji's participation in next year's Commonwealth Games received a rude shock after the Commonwealth Games Federation (CGF) on Monday, suspended the country's membership from the CGF following it's abatement from the Commonwealth last month.
India women's hockey team captain Ritu Rani has been been dropped from the Rio Olympics-bound side owing to lack of performance and attitude problems.
Under-fire IPL commissioner Lalit Modi parried questions about his impending resignation, saying the matter will be discussed and a unanimous decision taken at the upcoming Governing Council meeting on April 26.
Following the successful conduct of the hockey World Cup in New Delhi in March last, India has been alloted the 2011 Men's Champions Trophy hosting rights by International Hockey Federation (FIH).
Pakistan aren't exactly 'begging' India to play against them but Pakistan Cricket Board chairman Shaharyar Khan said they are well within their rights to 'push' the Board of Control for Cricket in India into honouring the Memorandum of Understanding for six bilateral series between the two countries.
The fallout of the Pulwama terror attack, which killed over 40 CRPF personnel, on the sporting ties between India and Pakistan was felt the strongest on Friday.
India-born Banga has been responsible for Unilever's food, home and personal care business, besides being a member of the executive board.
The International Cricket Council (ICC) is considering a proposal to relocate its headquarters back to London from Dubai, according to a report on Sunday.
The fate of a doping-tainted US Olympic relay gold medal is expected to be sealed next month at an International Olympic Committee meeting in Dubai, the IOC said on Friday. The women's 4x400 metres relay team could be stripped of their Athens 2004 Olympics gold medal after relay alternate Crystal Cox was handed a four-year ban earlier this year for using banned substances between 2001 and 2004.
Pakistan has been stripped of hosting rights for the 2011 World Cup because of the 'uncertain security situation' in the country, the International Cricket Council said on Friday.
A look at who own the most amount of gold in the world.
South Africa will stage this year's Champions Trophy one-day tournament in September and October, the International Cricket Council (ICC) said on Monday.
Brazil, Russia, India & China (known collectively as BRIC) on Sunday sought a re-balancing of representation on the executive board and the International Monetary and Financial Committee of the International Monetary Fund (IMF). The committee is the policy-making arm of the IMF.
International Cricket Council has guaranteed that India and Pakistan would play a bilateral series after every two years even if were to be held at neutral venues, according to PCB chairman Ejaz Butt.
The International Olympic Committee on Thursday announced that Nita Ambani, has been elected as an individual member of the IOC, and will become India's first woman to join the prestigious body.
The International Cricket Council on Thursday dismissed Pakistan's claim that India was behind the shifting of their 2011 World Cup matches and said the decision could have been avoided if the security apprehensions in the strife-torn country were responsibly addressed during the ICC Executive Board meeting.
Unhappy about Shoaib Malik's sacking as captain, Javed Miandad resigned as Director-General of the Pakistan Cricket Board on Wednesday. Sources in the PCB confirmed that Miandad resigned but it was not clear if his resignation was accepted by the Board, as PCB chairman Ejaz Butt left for Perth on Wednesday morning to attend ICC's Executive Board meeting, starting Saturday.
The International Cricket Council (ICC) has rejected Pakistan's legal challenge against its decision to move 2011 World Cup matches out of the country for security reasons. In a statement on Thursday the sport's governing body said its executive board had not removed the Pakistan Cricket Board (PCB) as a joint host but had simply decided to stage the matches outside Pakistan.
Golf and rugby sevens have been shortlisted for inclusion at the 2016 Olympic Games, the International Olympic Committee (IOC) said in Berlin on Thursday. The two were selected from seven candidate sports by the IOC's executive board at a meeting in Berlin and a final vote on their inclusion will be held at the IOC session in Copenhagen in October.
IOC 'suspends discussions' with India for hosting global events
The Indian Cricket League on Wednesday threatened to take legal action against the International Cricket Council if its application for official recognition is rejected by the governing body. The ICC Executive Board will meet in Dubai on April 17 and 18 during which it will consider the ICL's application for ICC approval to stage unofficial cricket.
Summary of sports events and persons who made news on Friday
The IMF, in pursuance of the decisions taken at the G-20 summit in London, had decided to sell about 403.3 tonnes of gold to shore up its finances so that it can lend money to the poor countries at concessional rates.
The International Cricket Council's (ICC) executive board will decide this week whether or not to shift September's Champions Trophy out of Pakistan because of security issues, the governing body said on Sunday. The decision was taken after concerns raised at an ICC security briefing in Dubai for representatives of the eight participating teams, the international players' association FICA and official broadcasters ESPN STAR Sport.
