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"Winning bidder" Star 9 Mobility disqualified: BPCL, CEL & now Pawan Hans – privatisation plans flounder

"Winning bidder" Star 9 Mobility disqualified: BPCL, CEL & now Pawan Hans – privatisation plans flounder
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Pawan Hans divestment fails to take-off, Centre moves to scrap sale

This is the fourth time since 2016 that the government has tried to sell Pawan Hans. The Cabinet Committee on Economic Affairs approved the strategic disinvestment of Pawan Hans in October 2016. As per the new public sector enterprises policy, the Centre can even look at closing down the company, should attempts to divest it fail. ....

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Govt sends notice to Pawan Hans winning bidder

Govt had put the sale on hold after the Kolkata bench of NCLT passed an adverse order against Almas Global ....

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Pawan Hans sale: Legal eagles warn of winning bid debarment over guideline breach

Even as Almas Global expressed surprise at the NCLT ruling, legal experts say the development may have its fallout in the Star9 Consortium’s winning bid for Pawan Hans being disqualified. ....

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Pawan Hans sale put on hold by government

The government has put on hold the sale of Pawan Hans as it is legally examining an NCLT order against Almas Global, which is the biggest shareholder in the winning consortium, an official said on Monday. ....

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