Successful bidder in Pawan Hans strategic disinvestment disqualified, process annulled thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Government calls off strategic sale of Pawan Hans as winning bidder disqualified tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.
The central government in April 2022 had approved the sale of its stake in helicopter services providing company Pawan Hans Ltd along with its management control to consortium Star9 Mobility Pvt Ltd
The government had, on April 29, 2022, approved the highest bidder Star9 Mobility, a consortium of Maharaja Aviation, Big Charter and Almas Global Opportunity Fund as the successful bidder for sale of 100 per cent equity shareholding of the government in Pawan Hans.