July 04, 2023 1:39 am
This was the second “strategic disinvestment” process to have been repealed in the last two years after the winning bidder was identified.
May 17, 2022 8:04 am
The government is studying whether the NCLT verdict amounts to an “adverse order” — something that may lead to disqualification of the bid, as per guidelines on strategic disinvestment.
May 05, 2022 6:14 am
Government-owned helicopter service Pawan Hans has been sold to Star9 Mobility Pvt Ltd. This is the second major sale from the government's aviation portfolio in the last 12 months — Air India went to the Tata Group in January this year.
April 30, 2022 10:23 am
This disinvestment is the second major sale from the government's aviation portfolio in the last 12 months — Air India went to Tata Group in January this year.
December 19, 2021 1:58 am
Tuhin Kant Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), tweeted, "The financial bids for Pawan Hans disinvestment have been received by the transaction advisor.
December 08, 2021 6:45 pm
Then Andhra Pradesh Chief Minister YS Rajasekhara Reddy and Arunachal Pradesh Chief Minister Dorjee Khandu lost their lives when the helicopters they were travelling in crashed in Nallamalla and Tawang respectively.
December 09, 2020 12:34 am
As previous EoI terms, asset stripping was allowed after two years while change in shareholding was allowed after three years.
October 20, 2020 2:32 am
In a statement, the state-owned helicopter operator said that the baby was delivered while its aircraft was at an altitude of 2,000 feet.
May 09, 2020 9:12 pm
Amid the coronavirus lockdown, when there are major restrictions on traffic at district borders, the state government decided to use the chopper as an air ambulance free-of-cost to transport the vital organ.
August 15, 2018 3:20 am
The Centre had invited EoIs twice for its 51 per cent stake in PHL — in October 2017 and April 2018 — with the second EoI eliciting a better response.




