Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

With sweeping powers to CEO, IOA dynamics may change

The New Indian Express Madurai

|

July 30, 2025

The IOA president has had the last laugh.

HE IOA president has had the last laugh. The Executive Committee of the Indian Olympic Association has finally called for truce and agreed to ratify the appointment of Chief Executive Officer Raghuram Iyer.

The CEO, as mandated by the amended constitution, has called for a Special General Meeting in August. The SGM would consider and pass the audited statement of accounts for the financial year 2023-24, which was still pending. It (at SGM) will also appoint a statutory auditor for 2024-25 and approve submission of bids to the Commonwealth Sports for hosting the 2030 Commonwealth Games. The CEO is active and, as expected, the dynamics within the IOA is set to change.

Though there could be a salary cut from ₹20 lakh a month agreed upon last year, it's yet to be announced. Even if there is, it doesn't matter. The CEO in IOA wields immense power, second to the president.

Powers of the CEO

MORE STORIES FROM The New Indian Express Madurai

The New Indian Express Madurai

SIZING UP SWADESHI AMBITION

HE meteoric rise of Zoho's messaging app Arattai in India looks like a real-world example of aapada mein avsar (opportunity in adversity), a stage prop which usually serves to dress up debacles as challenges that fortune considerately strews in our path.

time to read

3 mins

October 18, 2025

The New Indian Express Madurai

HC puts PMLA authority on notice for action on Akash in Tasmac case

THE Madras High Court on Friday issued statutory notice to the PMLA Adjudicating Authority for issuing summons to film producer Akash Baskaran by disobeying the interim orders of the court staying all further proceedings initiated under the Prevention of Money Laundering Act (PMLA) in connection with the raids on his premises linked to the alleged Tasmac scam.

time to read

1 min

October 18, 2025

The New Indian Express Madurai

Chennai-based Sify Infinit Spaces files DRHP for ₹3,700 crore IPO

To utilise net proceeds for capital expenditure

time to read

1 mins

October 18, 2025

The New Indian Express Madurai

ICAR to revive 5-yr plan to achieve 'Vision 2047' goals

FOLLOWING a letter from the Cabinet Secretary, the Director General of the Indian Council of Agricultural Research (ICAR) has issued 18 actionable points for immediate implementation.

time to read

1 mins

October 18, 2025

The New Indian Express Madurai

SC flags digital arrests, says assault on rule of law

VOICING serious concern over digital arrests, the Supreme Court on Friday took suo motu cognisance of such incidents in which fraudsters allegedly impersonate law enforcement agencies and fabricate judicial orders to extort money from people, particularly senior citizens, and sought responses from Centre and the CBI.

time to read

1 mins

October 18, 2025

The New Indian Express Madurai

Setback to Choksi as Belgian court okays diamond bizman extradition

ONE of the eight Antwerp courts for distinct civil and criminal matters has ruled that fugitive Indian diamond merchant Mehul Choksi can be extradited to India, and termed his arrest by the Belgian authorities on the basis of India's request valid, officials here said on Friday.

time to read

2 mins

October 18, 2025

The New Indian Express Madurai

Market runs out of silver, price turns red hot

AS gold prices have touched an all-time high in the market and continues to soar, there is an influx of investments in silver, forcing customers to wait up to 10 days to purchase silver bullion.

time to read

2 mins

October 18, 2025

The New Indian Express Madurai

EPS indulging in ‘Insta reel politics’, says Sivasankar

TRANSPORT Minister SS Sivasankar blamed AIADMK general secretary Edappadi K Palaniswami for indulging in “Insta reels politics\" because of his new acquaintances, indirectly referring to his recent support for actor Vijay's TVK.

time to read

1 min

October 18, 2025

The New Indian Express Madurai

Diwali time, rise in sugar intake alarming: Experts

WITH sugar consumption soaring despite a rise in diabetes and pre-diabetes, experts are concerned that the upcoming Diwali could pose serious health risks.

time to read

1 mins

October 18, 2025

The New Indian Express Madurai

Maaya, Sahaja given wild cards for Chennai Open

INDIA'S Maaya Rajeshwaran and Sahaja Yamalapalli have been given wild cards for the upcoming WTA Chennai Open at the SDAT Nungambakkam Stadium. It's the first time that city will play host to a tour-level event in three years. The last time the Stadium played host to one, Czech teen Linda Fruhvirtova walked away with the title.

time to read

1 min

October 18, 2025

Listen

Translate

Share

-
+

Change font size