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Pawan Hans handover to Star9 Mobility to be completed by June: Official

Last month, the government approved selling its 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL) along with the transfer of management control for Rs 211.14 crore to Star9 Mobility Private Ltd.

Cong raises questions over Pawan Hans disinvestment, asks why merger with ONGC not explored - Jammu Kashmir Latest News | Tourism

NEW DELHI, May 1:  The Congress on Sunday raised questions over the deal to sale Centre’s 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL), asking why the Government did not explore merging the firm with ONGC instead of deciding to hand it over to a consortium that is just six-months-old. The Finance Ministry on Friday said Star9 Mobility Pvt Ltd will buy the government’s 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL), […]

Pawan Hans selloff to invigorate market for helicopter services

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