The government is selling its entire 51 per cent stake in Pawan Hans. State-owned Oil and Natural Gas Corporation (ONGC), which holds the r...

The earlier deadline for submitting the EoIs expired Thursday.

The government is in the process of disinvesting its entire 51 per cent shareholding in Pawan Hans.

Pawan Hans, in which the government has proposed to sell its entire 51 per cent stake to private players, has the mandate to fly on 11 rout...

The latest memorandum has been issued days after the government withdrew the previous note apparently due to a tepid response from investor...

The whole process is being revisited as the PIM (preliminary information memorandum) failed to attract enough bidders, sources said.

The government owns 100% stake in Air India and 51% in the helicopter operator Pawan Hans and aims to divest all of its stake in both.

The financial state of Pawan Hans is better than Air India, which is also up for sale, although it is a fraction of the airline’s size.

Earlier this month, the govt had announced the 2nd central public sector enterprises exchange-traded fund, Bharat 22, which will track 22 c...

In October last year, the Cabinet Committee on Economic Affairs (CCEA) had given its in-principle approval for strategic disinvestment of p...

During the meeting, which went on for a little over one- and-a-half hours, some members raised concerns about the future of employees, post...

This is a rare occasion when the central government has overlooked the view of the nodal ministry on divesting stake in a public sector und...

The government owns 51% in Pawan Hans through the civil aviation ministry while 49% stake is with another state-run entity, ONGC.

State-owned Pawan Hans Helicopters is working on a plan to add 13 aircraft to its fleet, including two seaplanes that would cost the compan...

The company will borrow 80% of the funds required for the purchase while the remainder will be generated from internal resources. T

Analysts say that the helicopter company will surely find takers when it hits the market since it is a profit-making co & has an assured re...

Most of the companies give a discount of up to 5 per cent on the final offer price to this group of investors.