Radical changes to how cities will bid to host Olympic Games, and rules allowing more sports to feature, were among 40 innovations ushered in on Monday as International Olympic Committee members took bold steps to revamp their movement.
The last week of March saw a series of new refining capacity going on stream. HPCL-Mittal Energy, Essar Oil and Mangalore Refinery & Petrochemicals (MRPL) were able to announce completion of capacity additions a couple of days before the seven-year tax holiday in this regard came to an end, on March 31.
The 23-year-old was stripped of her 1,500 metres gold and 5,000 metres bronze won in Pusan, South Korea, after testing positive for a metabolite of the banned steroid nandrolone
The country's biggest fuel retailer Indian Oil Corporation on Wednesday said it is losing Rs 107 crore (Rs 1.07 billion) a day on selling auto and cooking fuel below cost even as it awaits the government to announce clear compensation package.
Wrestling was welcomed back into the Olympic fold on Sunday after a seven-month exile.
Wrestling was in a state of shock after the International Olympic Committee (IOC) made a surprise recommendation on Tuesday to drop the sport from the 2020 Games.
Aiming at nurturing management leaders in the energy sector, Indian Oil Corporation on Friday signed a MoU with the Indian Institute of Management, Ahmedabad
A day after India was suspended by the International Olympic Committee, Sports Minister Jitendra Singh said he does not have the mandate or the jurisdiction to interfere in the matter but will still try to engage with the IOC to get the ban reversed.
Indian Oil Corporation will buy 40 per cent of ONGC Videsh Ltd's stake in the Greater Nile Oil Project in Sudan.
The company and other public sector fuel retailers Bharat Petroleum and Hindustan Petroleum are currently selling petrol at Rs 3.68 a litre below cost and diesel at Rs 2.90 per litre lower than cost.
Indian Oil Corporation, the country's largest refiner, has lost out in the race for acquiring a stake in Indonesia's largest listed oil and gas producer Medco.
Former Olympic champions Alexander Popov of Russia and Moon Dae-sung from South Korea are among four new members elected to the International Olympic Committee's athletes commission. Popov, 50 meters freestyle gold medalist at the 1992 and 1996 Games, and Moon, a taekwondo gold medalist at the 2004 Athens Olympics, were joined by German fencer Claudia Bokel and Cuban volleyball player Ruiz-Luaces Yumilka.
Marion Jones and Tim Montgomery should be free to compete in the Olympic Games since the drug allegations against them are not proven, IOC president Jacques Rogge said.
Athletics will get a lower share of Olympic revenues in the future after the International Olympic Committee on Wednesday recalculated the federations' revenues according to their contribution to the Games.
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
International Olympic Committee (IOC) Vice President John Coates has urged Tokyo to consider moving more events to venues outside the capital, including one hundreds of kilometres away, in a bid to rein in spending for the 2020 Summer Games.
The Court of Arbitration for Sport have rejected Japanese hammer thrower Koji Murofushi's appeal against the blocking of his election to the International Olympic Committee's Athletes Commission, CAS said on Wednesday.
IOC owns about 74 per cent in BRPL and the merger would be effective on Wednesday, the company said in a statement to the Bombay Stock Exchange. Shareholders of BRPL will get four shares of IOC for every 37 shares they held.
Ace shooter Abhinav Bindra on Saturday applauded IOC's decision to not change its stance on barring charge-sheeted persons from contesting Indian Olympic Association (IOA) elections, saying it is heartening to see the world body keen on cleaning up sports in the country.
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.
A day after raising petrol price by a steep Rs 1.80 a litre, Indian Oil Corp, the nation's largest fuel retailer, on Friday said the hike was unavoidable as rupee depreciation has increased crude imports costlier.
Indian Oil Corporation is mulling setting up a wholly-owned overseas investment vehicle if the government rejects the plan to create a second incarnation of ONGC Videsh Ltd with the participation of all state-owned oil firms.
After getting an entry into Olympics, the women boxing is now all set to make its debut in the Youth Olympics Games in 2014.
Yogeshwar Dutt, Indian Olympic grappler and 2012 Olympics bronze medallist, has strongly objected to the International Olympic Committee's (IOC) decision to exclude the sport from the 2020 event.
From wrestlers' protest to WFI elections: Timeline
Wrestling should be removed from the 2020 Olympic Games, the International Olympic Committee's Executive Board said in a surprise recommendation on Tuesday as it looks to revamp the Games sports programme.
Not even IOC President Jacques Rogge knows who will light the cauldron at the opening ceremony of the London Olympics. Rogge says 'I'd love to know" but 'this is one of the best kept secrets.'
Indian Oil Corporation Ltd is to submit an expression of interest to acquire the marketing assets of an oil company in Thailand.
Had Dhanush not been disqualified, India would have won the team gold with a junior Asian record. The shooter from Hyderabad could have also won an individual medal as he was placed third going into the finals.
IOC President Jacques Rogge said he was "very concerned" after protests disrupted the Olympic torch relay in London.
The International Olympic Committee (IOC) too, is going big on popularising e-Sport with Singapore being confirmed to host the inaugural Olympic Esports Week in June next year.
Nikhat Zareen and Lovlina Borgohain will look to find their footing in new weight categories with the 2024 Paris Olympic Games approaching.
The proposed chemical plant will use 2,50,000 tons of naphtha produced by IOC's Barauni refinery and the natural gas that GAIL plans to bring from eastern offshore and imported LNG through the planned Jagdishpur-Haldia pipeline. The two firms by the fiscal year would prepare a techno-economic feasibility study for the unit that would take up to five years for construction.
In a significant move towards resolving the issues that led to India's ban from the Olympic family, the International Olympic Committee has asked the Indian Olympic Association to fix a date, in consultation with the Sports Minister, for a meeting before the end of this month in its headquarters in Lausanne.
Concerned at the state of affairs of the Indian Olympic Association, the International Olympic Committee has threatened to suspend the governing body if it fails to conduct its election within the coming weeks.
The IOC's financial situation remains solid despite the global economic crisis, with reserves of $558 million and continuing increases in television and sponsorship revenues.
International Cycling Federation (UCI) president Pat McQuaid enjoys the support of the International Olympic Committee despite the sport's tarnished image and the UCI's bitter row with the World Anti-Doping Agency, the IOC said.
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