HPL management's control will go to the promoter who gets access to the 155 million shares block.
The initial public offering of the Sri Lankan unit of Indian Oil Corp was oversubscribed more than three times. "The IPO raised (Sri Lankan) Rs 359.99 crore (Rs 3.59 billion)," company officials said.
Wrestling, hoping to win back its spot in the 2020 Olympics, was reprimanded by the International Olympic Committee (IOC) this week for breaking campaigning rules last month, officials said on Friday.
Ukraine on mission to ban Russia from Paris Olympics
Kim Un-yong was suspended on Friday pending an investigation into a bribery and embezzlement scandal in South Korea.
After a year's delay due to COVID-19, the 19th Asian Games officially opens in Hangzhou on Saturday with hosts China eager to lift a country mired in economic gloom.
Leading sports powerbrokers gathered at the International Olympic Committee's headquarters on Tuesday morning to discuss further crackdowns on drug cheats before the Rio Games.
Gamers meet Games in inaugural Olympic Esports Week
While Moily refused to elaborate on the reasons for the deferment, sources said his ministry had raised concerns over pricing of IOC shares.
The IOC's Ethos Committee will look into the charges of corruption against Indian Olympic Committee president Suresh Kalmadi in the organisation of the Commonwealth Games.
The International Olympic Committee has refused to recognise the elections conducted by the suspended Indian Olympic Association, saying the 'so-called' office-bearers have no legitimacy.
Wrestling, axed from the 2020 Olympic programme by the International Olympic Committee (IOC) in February, has a good chance of coming back after making sweeping changes, IOC vice-president Thomas Bach said.
North Korea will take part in the next two Olympic Games in Japan and China, International Olympic Committee President Thomas Bach said on Saturday after meeting North Korean leader Kim Jong Un in Pyongyang.
The joint meeting between the representatives of the suspended Indian Olympic Association, the Sports Ministry and the International Olympic Committee (IOC), to find a way in resolving the issue that led to India's ban from the Olympics, is likely to get postponed for the second time in two months.
Athletes at next year's London Olympics can blog and post comments on Twitter as long as it is not done for commercial purposes, the International Olympic Committee (IOC) has said.
Abhay Singh Chautala on Thursday offered to relinquish the life presidency of the Indian Olympic Association, but only if the International Olympic Committee has reservations about his elevation to the position.
The ban means an effective end to funding from the IOC to the national Olympic committee (IOA), no Indian officials attending Olympic meetings and Indian athletes banned from competing at the Olympics under their country's flag.
Wrestling was welcomed back into the Olympic fold on Sunday after a seven-month exile.
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.
India appears no closer to a return to the Olympic fold as officials from the country's Olympic association and sports ministry bicker over a controversial government sports code.
IOC encashed the bank guarantee Kingfisher had given for buying aviation turbine fuel or ATF for its fleet of 75 aircraft, 10 days ago, industry sources said. As on April 20, the private air-carrier owed IOC about Rs 160 crore (Rs 1.6 billion) in fuel bills. It sent a cheque of this amount to IOC but the cheque bounced, forcing IOC to encash the bank guarantee.
Wrestling was welcomed back into the Olympic fold on Sunday after a seven-month exile.
State-owned Indian Oil Corp (IOC) today said it is losing Rs 189 crore per day on selling auto and cooking fuel below cost as global crude oil prices shot up to USD 102 per barrel.
The International Olympic Committee has asked international sports federations to carefully examine the "complicated" situation in India in the wake of IOA's suspension and take appropriate action to "protect the autonomy of the national federations" in the country.
The International Olympic Committee (IOC) has come down heavily on Indian cricket authorities for preventing a section of the international news media from covering the ongoing Test series between India and England.
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.
Russian pole vaulter Yelena Isinbayeva was elected to the International Olympic Committee (IOC) athletes' commission on Thursday, despite being barred from the Rio Games over doping allegations.
India yet to make formal bid for hosting World Athletics Championships in 2027
Sanjay Singh claimed that the veteran wrestlers who have been protesting do not want junior wrestlers to progress
International Olympic Committee (IOC) President Jacques Rogge informed his organisation's members on Friday he intends to stand for a second term in office, the IOC said. IOC spokeswoman Emmanuelle Moreau said the 66-year-old Rogge, first elected in 2001 for an eight-year term, has sent a letter to all members saying he would run for a second term during the election to be held next year in Copenhagen, Denmark.
International Olympic Committee's member in India, Randhir Singh on Wednesday asked the officials of suspended Indian Olympic Association to accept the IOC's directive to bar charge-framed persons from contesting elections or face further action from the world body.
Shooter Saurabh donates Youth Olympics gold-clinching pistol to IOC Museum
IOC is desperate to avoid the sporting event being torn asunder by the bloody conflict unfolding in Ukraine.
The Indian Olympic Association's election, the last step in the road map to pave the way for India's return to the Olympic fold, can now be held only in late September after the IOC on Saturday came up with a fresh schedule to complete the entire process.
The joint venture will participate in exploration and production of gas and oil globally. It will also develop natural gas infrastructure projects.
IOC has asked consumers to book LPG refill through IVRS or SMSes so that refills reach genuine users.
The former South Africa captain said the inclusion of cricket in the Olympic Games is a big push to attract more countries to the game and it is a big chance for cricket to challenge football in terms of global sports.
The IOC says a Russian cyclist and Colombian track and field athlete have failed Olympic drug tests.
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