IOC, at present, has seven refineries with a cumulative capacity of 54.2 million tonnes per annum capacity.
The IOC is set to formally strip American cyclist Tyler Hamilton of his gold from the 2004 Athens Games and reassign the medals after his admission of doping, according to an Olympic official familiar with the case.
The IOC says a female gymnast from Uzbekistan has been formally expelled from the London Olympics after her backup 'B' sample also came back positive for doping.
State-run Indian Oil Corporationon Tuesday said that it has earmarked $1 billion for the acquisition of good-quality producing or developing E&P assets abroad.
McDonald's, whose four restaurants in London's Olympic Park include its biggest in the world, extended its 36-year backing of the Games in January by signing up as sponsor for another eight years.
With the Rio Olympics less than three weeks away, the IOC on Monday promised "the toughest sanctions available" after a report found Moscow had concealed hundreds of positive doping tests in many sports ahead of the Sochi winter Games.
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.
France showcased its cultural diversity, spirit of revolution, impeccable craftsmanship, and architectural heritage in a riveting opening ceremony for the 33rd Olympic Games.
Top officials of five National Sports Federations on Monday claimed Randhir Singh violated the Olympic Charter by approaching the government to seek clarification on his candidature for the president's post in the upcoming polls of the Indian Olympic Association (IOA).
The FIH Athletes Committee serves as a consultative body and makes recommendations to the FIH Executive Board, FIH Committees, Advisory Panels and other bodies.
The International Olympic Committee (IOC) has appreciated Indian Olympic Association's (IOA) concern for the victims of 1984 Bhopal Tragedy but maintained that Dow Chemicals had no ownership stakes in Union Carbide till 2000.
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
Saudi Arabia looks set to send women athletes to an Olympics for the first time later this year.
FIFA President Sepp Blatter was relieved of his International Olympic Committee ex officio membership on Monday.
Maruti Udyog Ltd on Wednesday launched a new loyalty programme for its customers, which will see the company issue an autocard in partnership with IOC and Citibank.
Oil and Natural Gas Corporation said on Friday it was willing to buyback the company's holding with IOC and GAIL and has no immediate plans to divest the stake it holds in IOC and GAIL. \n
Jacques Rogge was re-elected as president of the International Olympic Committee (IOC) for a second term until 2013 on Friday. Rogge, who ran unopposed, took over in 2001 from Juan Antonio Samaranch as the eighth president of the IOC since the organisation was founded in 1894, two years before the first modern Games in Athens.
International Olympic Committee (IOC) vice president John Coates called Brazil's preparations for the 2016 Rio de Janeiro Games "the worst" he has ever seen and critically behind schedule, but warned there is no "plan B" to find another host.
The president of wrestling's world governing body FILA resigned on Saturday less than a week after the International Olympic Committee (IOC) recommended that the sport be dropped from the 2020 Summer Games.
Here's what your favourite Bollywood celebrities are tweeting.
An International Olympic Committee report on the three cities wanting to host the 2020 Summer Olympics indicated there was no clear favourite among the bids from Madrid, Tokyo and Istanbul.
A year before Paris Olympics, Ukraine torn over whether to compete
National Rifle Association of India president Raninder Singh has made an appeal to not politicise the federation's upcoming elections and said its constitution is not in conflict with the government's sports code and the IOC.
The defiant Indian Olympic Association (IOA) finally slammed its door on corrupt officials on Sunday in a precariously late act of compliance to get the country's Olympic ban overturned.
Factbox on former International Olympic Committee president Juan Antonio Samaranch, who died on Wednesday at the age of 89.
'Risk for the other residents of Olympic village and risk for the Japanese people is zero'
Scandal-plagued FIFA have turned to the man who helped the International Olympic Committee (IOC) out of their corruption crisis, appointing Swiss Francois Carrard as chairman of their reform committee.
The second sample of Ukraine's Olympic heptathlon silver medalist Lyudmila Blonska, who has been provisionally suspended from the Beijing Games, tested positive for steroids, the IOC said on Thursday.
The International Olympic Committee on Wednesday confirmed it had received the letter.
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
As many as 500 athletes from the two countries could compete under a neutral flag, but will not be permitted to win medals.
The Olympic Council of Asia has thrown its weight behind IOA's disgruntled acting-President V K Malhotra and Secretary General Randhir Singh and has urged the IOC against meeting officials from the suspended IOA during Wednesday's crucial joint meet to end India's Olympic suspension.
The International Olympic Committee made it clear on Wednesday that it will propose suspension of the Indian Olympic Association at its Executive Board Meeting early next month if the upcoming elections are held under the government's Sports Code.
IOC's entry into Haldia Petrochemcials Limited was virtually approved of, with the two main promoters -- West Bengal government and The Chatterjee Group -- agreeing to IOC's proposal of management control in the company.
Describing wrestling's omission from the 2020 Summer Games as against the Olympic tradition, the Sports Ministry asked India's representative in the IOC Randhir Singh to urgently take up the matter with the Executive Board and request the world body to reconsider its decision.
The International Olympic Committee (IOC) on Tuesday mourned the death of three French sports stars, including two Olympic medallists, in a helicopter accident during the filming of a reality show.
Left in lurch after denial of government funding, Indian luge competitor Shiva Keshavan has found support from the IOC, which has granted him the Olympic Solidarity Scholarship to compete in the qualifiers for the 2014 Sochi Winter Games.