Ioc share

The IOC finally ran out of patience with the International Boxing Federation on Wednesday and set a date to terminate its Olympic status this month. While boxing will still be on the program at the 2024 Paris Games, the International Olympic Committee said its executive board has asked the full membership to withdraw its recognition of the IBA at a special meeting on June 22. IOC members rarely vote against recommendations from their 15-member board and the IBA’s ouster is likely a formality. The IOC had already suspended the IBA’s recognition in 2019 over long-standing financial, sports integrity and governance issues. The Olympic body oversaw the boxing competitions itself at the Tokyo Olympics held in 2021 and will do so again for Paris. An IOC statement said the boxing body “has failed to fulfil the conditions set by the IOC … for lifting the suspension of the IBA’s recognition.” The IBA criticized what it called a “truly abhorrent and purely political” decision by the IOC and warned of “retaliatory measures.” “Now, we are left with no chance but to demand a fair assessment from a competent court,” the boxing body’s Russian president Umar Kremlev said in a statement. The IOC-IBA standoff has also put boxing’s place at the 2028 Los Angeles Games at risk, though that should now be resolved. The IOC previously stressed it has no problem with the sport or its athletes — just the IBA and its current president Kremlev, plus financial dependence on Russian state energy firm G...

InterOil Corporation (InterOil) is an oil and gas business with a sole focus on Papua New Guinea (PNG). The Company's segments include Upstream and Corporate. The Upstream segment includes exploration, appraisal and development of hydrocarbon structures in PNG. The Corporate segment provides support to the Company's other business segments through business development and improvement activities, general services, administration, human resources, executive management, financing and treasury, government affairs and investor relations. InterOil holds interests across over four exploration and approximately two production retention licenses in the Eastern Papuan Basin of Papua New Guinea. Its assets include the Elk, Antelope, Triceratops, Raptor and Bobcat fields in the Gulf Province of Papua New Guinea, and exploration licenses covering approximately 16,000 square kilometers (over four million acres) in Papua New Guinea. On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>> InterOil Corp (NYSE:IOC) posted its quarterly earnings results on Thursday, August, 4th. The oil and gas company reported ($1.16) EPS for the quarter, missing the consensus estimate of ($0.27) by $0.89. The oil and gas company had revenue of ($1...

Highlights • IOC has also declared a final dividend of Rs 3.60 per equity share (pre-bonus) • This translates into a final dividend of Rs 2.40 per equity post-bonus • Indian Oil Corporation (IOC) is the nation's biggest oil firm IOC Share Price, IOC bonus share record date 2022: Indian Oil Corporation (IOC), the nation's biggest oil firm, has announced to issue bonus shares to its shareholders. IOC bonus share will be issued in the ratio of 1:2 which means one new bonus equity share of face value Rs 10 each will be given to the existing shareholders for every two equity shares. The record date for the IOC share bonus is July 1, meaning shareholders having IOC shares in their portfolio on/before the date will be eligible for the bonus. IOC Share Dividend IOC has also declared a final dividend of Rs 3.60 per equity share (pre-bonus), which translates into a final dividend of Rs 2.40 per equity post-bonus for the financial year 2021-22. The final dividend is in addition to the interim dividend of Rs 9 per share (pre-bonus) paid earlier. The final dividend would be paid within 30 days from the date of the declaration at the Annual General Meeting (AGM). Meanwhile, the state-run oil marketing company said its consolidated net profit for the quarter ended March stood at Rs 6,645.72 crore, down 26.37 per cent from Rs 9,026.49 crore in the same quarter last year. The company's revenue from operation, however, climbed 26.13 per cent from Rs 165,734.27 crore in the corresponding qua...

Leading Indian fuel retailers are diversifying their businesses with non-fuel retail stores at EV charging and petrol filling stations. Providers including Adani Total and Bharat Petroleum are emerging with convenience stores, cafes, gaming zones, pharmacies and toy shops. Gaurav Marya, founder and chairman of Franchise India, has said that over 100,000 charging stations and petrol filling stations will emerge across the highways of India. The establishments have potential to poses plum consumer catchment areas, leading large fuel retailers to unlock potential business growth through non-fuel retail stores. IOC has walked away with half of the natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of the fuel used to generate power, produce fertilizer, turned into CNG and used for cooking purposes. IOC got 2.5 million standard cubic meters per day out of the 5 mmscmd of gas auctioned last month The strong sales came after the Indian economy beat expectations to expand by 6.1% in the quarter through March, although growth is expected to slow through the rest of this year. The uptick in buying will also be a fillip for Indias state-run fuel retailers, who have kept diesel and gasoline prices unchanged since April last year. Saudi Arabia's decision to cut oil production by 1 million barrels per day (bpd) in July, along with the other OPEC+ countries extending their cuts until the end of 2024, confirms a demand slowdown in the globa...