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NCLT PAWAN HANS
Strategic sale of Pawan Hans called off as winning bidder disqualifiedThe strategic disinvestment of Pawan Hans was called off on Monday by the government after bidding consortium Star9 Mobility Pvt Ltd was di...
03 Jul, 2023, 04.50 PM IST
Dent in India’s aggressive privatisation plans is not unsettling New Delhi’s ambitionMost experts have termed the disinvestment targets as conservative. ICICI Research said the disinvestment targets are softer than anticipat...
04 Feb, 2023, 05.08 PM IST
India agrees, the government shouldn’t be in the business of doing business: ET Online PollA poll of readers shows that a majority favours privatisation; a fourth say disinvestment will create monopolistic businesses. Ahead of the...
17 Jan, 2023, 04.25 PM IST
Some hits, many misses: Do India's disinvestment plans need a reset?Prime Minister Narendra Modi's often-repeated statement 'the government has no business to be in business' guided the drawing up of an ambi...
28 Dec, 2022, 12.54 PM IST
NCLAT order in favour of us, says Pawan Hans bid winnerThe principal bench of NCLAT on October 21 ruled that any observations made by NCLT to initiate action against Almas Global under Section 7...
25 Oct, 2022, 04.36 AM IST
Clarity on eligibility of Almas Global as bidder for Pawan Hans strategic sale likely this month"The Almas Global case is scheduled for hearing at the NCLAT this month. We want to give the bidder due opportunity to meet the eligibility...
12 Oct, 2022, 02.01 PM IST
Ring-fencing privatisation: Bidders may soon have to give full legal disclosuresThe move comes after a key constituent of the successful bidder for Pawan Hans received an adverse order from the Kolkata bench of the Nati...
20 Sep, 2022, 12.49 AM IST
Ring-fencing privatisation: Bidders may soon have to give full legal disclosures"Bid documents are being amended," a government official told ET, adding that the idea is to seek details about the type of cases they face...
20 Sep, 2022, 12.30 AM IST
Govt scraps sale of CEL to Nandal Finance; decision on Pawan Hans likely in SeptemberIn November last year, the government had approved sale of CEL -- a public sector enterprise under the Department of Scientific and Industr...
29 Aug, 2022, 05.03 PM IST
Pawan Hans sale: Centre to examine NCLT order on key stakeholderThe NCLT had questioned the financial health of the Cayman Islands-based Almas Global Opportunity Fund SPC (AGOF), majority stakeholder in ...
17 May, 2022, 10.30 AM IST
Govt puts Pawan Hans sale on hold over NCLT order against winning consortium memberStar9 Mobility had quoted Rs 211.14 crore for Pawan Hans, which was above the Reserve Price of Rs 199.92 crore fixed by the government on t...
16 May, 2022, 07.06 PM IST
View: Some of Budget's boldest moves happened in financial sectorThe government has followed a consultative approach as a number of suggestions made by various industry forums over time have found accepta...
01 Feb, 2021, 07.24 PM IST