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Govt Likely to Put Pawan Hans Sale on Hold Because on NCLT Order Against Winning Firm: Report - Vimarsana News

Govt Likely to Put Pawan Hans Sale on Hold Because on NCLT Order Against Winning Firm: Report

As an investigation by The Wire and Newsclick has revealed that the largest stakeholder in the consortium – Almas – has been sanctioned by the National Company Law Tribunal.

Source: thewire.in
Pawan Hans Sale: Cayman Firm in Winning Bid Flayed By NCLT for Failure to Pay, Show Funding Plan - Vimarsana News

Pawan Hans Sale: Cayman Firm in Winning Bid Flayed By NCLT for Failure to Pay, Show Funding Plan

The privatisation of the public sector helicopter operator raises questions that the government so far has refused to answer. An investigation by The Wire and NewsClick.

Source: thewire.in
Govt may hand over Pawan Hans to top bidder by June, says Oppn 'misinformed' about disinvestment details - Vimarsana News

Govt may hand over Pawan Hans to top bidder by June, says Oppn 'misinformed' about disinvestment details

The Centre is attempting to hand over its helicopter services provider Pawan Hans Ltd to Star9 Mobility by June, while batting aside the Opposition’s objections to the disinvestment.

Empowered group approves sale of Pawan Hans to Star 9 at Rs211 crore - Vimarsana News

Empowered group approves sale of Pawan Hans to Star 9 at Rs211 crore

The Alternative Mechanism, committee empowered by the CCEA, has approved the highest bid of Star 9 Mobility Private Ltd for sale of entire government's 51 per cent of shareholding of Pawan Hans Limited (PHL) and transfer of management control.

Star9 Mobility to be new owner of Pawan Hans - Vimarsana News

Star9 Mobility to be new owner of Pawan Hans

The Alternative Mechanism, committee empowered by the CCEA, has approved the highest bid of Star 9 Mobility...