In November last year, the government had approved sale of CEL -- a public sector enterprise under the Department of Scientific and Industr...

The NCLT had questioned the financial health of the Cayman Islands-based Almas Global Opportunity Fund SPC (AGOF), majority stakeholder in ...

"The media report is baseless and has no substance. It is hereby denied that JSW Steel Ltd submitted a bid for acquisition of Pawan Hans an...

The government owns 51 per cent stake in Pawan Hans, while Oil and Natural Gas Corp (ONGC) holds the remaining 49 per cent. ONGC has decide...

The government owns 51 per cent stake in Pawan Hans, while Oil and Natural Gas Corp (ONGC) holds 49 per cent stake.

This is the second time the date has been extended.

Now, the successful bidder would be required to retain all permanent employees for a period of at least a year.

The government holds 51 per cent stake in helicopter service provider Pawan Hans, and the remaining 49 per cent is with ONGC

The transaction advisor has worked out a reserve price for Pawan Hans which will be submitted to the Ministry of Civil Aviation (MoCA).

The government holds 51 per cent stake in Pawan Hans, which has a fleet of 46 choppers.

Such a merger would strengthen both the domestic civil and defence aviation sectors, the Pawan Hans Officers Welfare Association (PHOWA) sa...

Some investors had suggested that the government's 51% and ONGC's 49% stake should be sold together.

ONGC wants its interest to be clubbed with the 51 per cent government stake that is already on offer for sale, they said.

A profit-making entity, Pawan Hans is a joint venture between the central government and state-owned ONGC.

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

The government had last October invited bids to buy out its entire 51% stake in Pawan Hans.

Pawan Hans is a joint venture between the Central Government and ONGC with the former holding 51 per cent stake and latter the rest 49 per ...