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.
The IOC stake sale will, however, dwarf in front of Rs 22,557 crore or Rs 225.57 billion that the government raised through a stake sale in Coal India Ltd last year.
The International Olympic Committee (IOC) allowed Iraq on Tuesday to send a two-athlete team to next month's Beijing Games in a last-minute deal ending a dispute with the Iraqi government. Iraq was banned last week after the government disbanded the country's National Olympic Committee (NOC), a move that angered the IOC.
The Sports Minister Jitendra Singh has backed International Olympic Committee's decision to stick to its stand on the chargesheet clause and urged the IOA to incorporate the required amendments in its constitution so that the interest of country's sportspersons do not suffer.
A year before Paris Olympics, Ukraine torn over whether to compete
A row between India and the International Olympic Committee which has led to the suspension of the Asian nation from all Olympic activities is heading towards a possible resolution, the IOC said.
A total of 1,016 candidates -- 664 men and 352 women -- have qualified in the examination and have been recommended by the Union Public Service Commission for appointment to various services.
Pakistan could soon join neighbours India as Olympic outcasts with the International Olympic Committee (IOC) on Tuesday considering suspending the country over what it said was government interference.
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
IOC raises prospect of boxing being pulled from Paris Games
The IOC seems reluctant to ban the entire Russian team from next month's Olympic Games, despite mounting concern over doping violations, the co-author of the report that led to Russia's ban from track and field events said on Wednesday.
As many as 500 athletes from the two countries could compete under a neutral flag, but will not be permitted to win medals.
WFI President Sanjay Singh on Friday assured that the protesting wrestlers' trio of Bajrang Punia, Vinesh Phogat and Sakshi Malik would not face any discrimination and he would personally approach them for appearance in the Olympic Qualifiers trials, which will be held in Maharashtra.
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.
Sri Lanka will re-acquire 99 World War II-era oil storage tanks leased to Indian Oil Corporation in the eastern port district of Trincomalee, Energy Minister Udaya Gammanpila announced on Wednesday.
The International Olympic Committee remains confident the United States will deliver a bid to host the 2024 Summer Games despite Boston's withdrawal from the race on Monday.
Indian Olympic Association (IOA) president Suresh Kalmadi and other sports administrators received a shot in the arm after the International Olympic Council (IOC) rejected Sports Ministry's argument for a tenure limitation regulation, warning such a move might result in India being thrown out of the Olympic family next month.
This was announced by the ISSF president Vladimir Lisin during his address to the season-opening World Cup at the Dr Karni Singh Shooting Range.
Indian Oil Corporation on Wednesday decided to merge its subsidiary IBP with itself.
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 IOC is asking the Chinese, South Korean and Indonesian national Olympic committees to investigate the coaches of the badminton players who were disqualified for trying to lose matches.
There was not a chance in hell that India's finest squash player Saurav Ghosal would continue playing the game in his 40s but the sport's inclusion in the 2028 Olympics after decades of wait has forced the 37-year-old to rethink about his future plans.
No question of going back on IOA CEO's appointment, says PT Usha
Rathore categorically mentioned that his ministry has "zero tolerance for substance abuse or for cheating in sports".
World soccer boss Sepp Blatter wants the International Olympic Committee to scrap its age limits for members, saying they should be voted out only if they are incapable of performing their duties.
The International Olympic Committee has hailed a United Nations resolution recognising the autonomy of sport as an important tool that will help foster political neutrality as well as lead to less boycotts and discrimination.
The IOC has told South Korean officials to bar a football player from collecting his bronze medal after he displayed a flag with a political message at the third-place match against Japan.
The International Olympic Committee (IOC) and the Badminton World Federation must shoulder some responsibility for the match-throwing scandal at the 2012 Games, Chinese state media said on Friday.
Indonesia is set to retain the hosting rights of the 2018 Asian Games and avoid an International Olympic Committee (IOC) ban after resolving a row over the use of the Olympic rings logo.
Russia's participation in the Rio Olympics remains in the balance on Tuesday after the International Olympic Committee (IOC) said it would 'explore legal options' for banning the country from the Games.
Sarthak Behuria on Tuesday took over as the chairman of Indian Oil Corp, the country's largest oil refining and marketing company.
The International Olympic Committee has written to the Indian Olympic Association, seeking a report on sacked Commonwealth Games Organising Committee chairman Suresh Kalmadi's 'current and exact situation before the courts of justice'.
A defiant Indian Olympic Association on Saturday said that it would write to the International Olympic Committee to allow the August 25 general body meeting to decide on the issue of barring chargesheeted persons from contesting elections.
Double Olympic pole vault champion Yelena Isinbayeva, a fierce critic of a Russian track and field ban at the Rio Olympics, was elected an International Olympic Committee member on Sunday but a third of the votes were against her.
IOC set up a disciplinary commission to investigate allegations made against US sprinter Marion Jones by BALCO chief Victor Conte.
A last-minute decision by the banned Indian Olympic Association to comply with IOC orders is a good first step for the country's gradual return to the Olympic fold, IOC president Thomas Bach said on Tuesday.
The IOC said all four -- Victoria Valyukevich, a triple jumper who was eighth in the women's competition, hammer throwers Gulfiya Khanafeeva and Mariia Bespalova, and weightlifter Khadzhimurat Akkaev, who did not compete due to a back injury, had tested positive for anabolic steroid turinabol.
HPL management's control will go to the promoter who gets access to the 155 million shares block.
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