Michael Schumacher seriously injured in skiing accident in France

Last Updated: Sunday, December 29, 2013, 23:54

Record seven-time Formula One champion Michael Schumacher has been admitted to a hospital in France after getting seriously hurt in a skiing accident, reports said.

Bolt continues to dominate global titles

Last Updated: Sunday, December 29, 2013, 18:33

Olympic and World champion Usain Bolt of Jamaica and American tennis star Serena Williams have been voted International Sports Press Association (AIPS) Best Athletes for the second year in a row.

Force India in technical pact with Motegi Racing

Last Updated: Friday, December 27, 2013, 19:35

Force India Formula 1 team Friday announced a new technical partnership with wheel brand Motegi Racing.

Sindhu stands out as Indian sports takes a beating

Last Updated: Thursday, December 26, 2013, 15:03

For Indian sport, 2013 was a year of controversies and low-key performances, the country`s image globally taking a beating with the suspension of the Indian Olympic Association (IOA) by the apex body of world sport. Amid the gloom, Pusarla Venkata Sindhu provided some cheer.

Hong Kong jails woman for smuggling baby formula

Last Updated: Tuesday, December 24, 2013, 14:25

A Hong Kong court has jailed a woman for smuggling baby formula, the first time anybody has been sent to prison under the city`s ban on unlicensed milk powder export, officials said Tuesday.

Gas prices may jump to $10 in 2016-17, from $4.2 now

Last Updated: Monday, December 23, 2013, 17:44

Natural gas prices in India may jump to USD 10 within three years of implementation of the Rangarajan formula, generating enough additional revenue to meet higher subsidy outgo on the fertiliser sector.

Ferrari fans to choose name of new F1 car

Last Updated: Friday, December 20, 2013, 21:20

Millions of fans worldwide will have a say in choosing a name for Ferrari`s 2014 Formula One car via the internet in January, the Italian team said on Friday.

Double points could be scrapped, says Montezemolo

Last Updated: Friday, December 20, 2013, 19:07

Formula One`s decision to award double points at the last race of the season could be scrapped after next year`s Abu Dhabi Grand Prix, if not before, according to Ferrari president Luca di Montezemolo.

Ferrari want teams to discuss post-Ecclestone F1

Last Updated: Friday, December 20, 2013, 18:54

No one individual can replace Bernie Ecclestone at the helm of Formula One and teams must start planning for a very different future after the 83-year-old eventually leaves the stage, Ferrari president Luca di Montezemolo has said.

Parl panel calls for review of Rangarajan gas price formula

Last Updated: Wednesday, December 18, 2013, 18:25

A Parliamentary panel has sought a review of the Rangarajan formula that will be used to price natural gas from April next year saying the rate should be fixed after factoring in domestic cost of production.

Finance Ministry for cap on gas prices

Last Updated: Monday, December 16, 2013, 16:06

The Finance Ministry has strongly pitched for putting a cap or limit to which natural gas rates can be increased following a new pricing formula that will come into effect from April 1.