Star-studded Indian Oil Corporation [ Get Quote ] emerged winners for the first time in the 24th Indian Oil Surjit Hockey Tournament, edging out experienced Indian Airlines 2-0 in Jalandhar [ Images ] on Friday.

The winners received Rs 300,000 while the runners-up team Rs 160,000 from the chief guest, Punjab [ Images ] Finance Minister Manpreet Singh Badal.

The organising committee declared Jagdish Ponappa of Indian Airlines as the best goalkeeper, Indian Oil's Raghunath best full-back, Vikram Pillay of Indian Airlines best half back and Deepak Thakur of Indian Oil best forward of the tournament.

Sports Authority of the India, Delhi [ Images ], bagged the Fair Play Trophy.

Raghunath put  IOC ahead from a penalty-corner in the 54th minute while captain Deepak Thakur consolidated the lead following a penalty-corner ten minutes later.