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Pawan Hans sale: Bidders to get draft share purchase pact soon; SBI Capital to be asked to go ahead with RFP

The decision was taken by the alternative mechanism on strategic disinvestment headed by Finance Minister Arun Jaitley and comprising Civil Aviation Minister Suresh Prabhu.
Credit: Firstpost - Published

Pawan Hans sale: Shortlisted bidders to get draft share purchase pact this week

The decision was taken by the Alternative Mechanism on strategic disinvestment headed by Finance Minister Arun Jaitley and comprising Civil Aviation Minister Suresh Prabhu.
Credit: Zee News - Published

Centre to sell Air India's ground handling arm, Pawan Hans

The government has been working on the ways to revive the fortunes of Air India, which is reeling under a debt burden of around Rs 50,000 crore
Credit: DNA - Published

Pawan Hans staffers forum alleges irregularities in disinvestment process; urge Civil Aviation Ministry to 're-fix' bidding norms

On 13 April, the government issued the information memorandum for the 51 percent stake sale in the profit-making Pawan Hans Ltd and had sought EoI from interested bidders by 18 June.
Credit: Firstpost - Published

Pawan Hans chopper makes emergency landing at Kurgiakh helipad


Credit: newKerala.com - Published

Do not privatise Pawan Hans, merge it with Hindustan Aeronautics, urges Union to govt

The merger of the two entities, in fact, would lead to a better ecosystem and strengthen the country's civil and defence aviation industries, it said.
Credit: Firstpost - Published

Pawan Hans disinvestment: ONGC board clears the deck for stake sale; govt expected to seek fresh bids shortly

Officials said ONGC is of the view that its investment in Pawan Hans is no longer strategic as it charter hires helicopters to ferry staff to its oil and gas locations, mostly offshore, through..
Credit: Firstpost - Published

Pawan Hans sale: Govt to invite fresh bids for 100% stake; to soon issue EoI addendum post-ONGC board approval

Pawan Hans provides seven choppers to ONGC for its off-shore helicopter requirements for crew change and production tasks, including night ambulance.
Credit: Firstpost - Published

ONGC board approves exiting Pawan Hans; to sell entire 49% stake to cut debt, consolidate resources

Oil and Natural Gas Corp (ONGC) wants its interest to be clubbed with the 51 percent government stake that is already on offer for sale, they said.
Credit: Firstpost - Published

Ghatkopar Plane Crash: Bodies charred beyond recognition

Around 4 pm, relatives and family members of the five people who died in Thursday's plane crash at Ghatkopar started gathering at Rajawadi Hospital to identify their dear ones. But the bodies were..
Credit: DNA - Published

Aircraft crashes have claimed 14 lives in Maharashtra in 6months

Maharashtra has witnessed three fatal air crashes since the start of this year, in which a total of 14 lives were lost. Five persons, including four who were on-board, were killed when a 12-seater..
Credit: DNA - Published

Government receives bids for Pawan Hans' divestment


Credit: newKerala.com - Published Also reported by •DNAZee News

New heli-taxi service between Shimla and Chandigarh launched; travel time cut short to just 20 minutes

The travel distance between the popular Himachal Pradesh hill station Shimla and Chandigarh was reduced to just 20 minutes with the launch of a heli-taxi service by Pawan Hans Ltd
Credit: Firstpost - Published

Govt comes out with fresh info memorandum for Pawan Hans divestment


Credit: IndiaTimes - Published

Pawan Hans plans to start chopper services under RCS by August

Pawan Hans plans to expand its fleet by leasing eight more helicopters as it prepares to start services under the regional air connectivity scheme by August, a senior official said on Thursday. The..
Credit: IndiaTimes - Published

Govt withdraws memo inviting bids for Pawan Hans sale

Pawan Hans is a joint venture under the civil aviation ministry and state-owned ONGC holds 49 per cent stake in it.
Credit: Zee News - Published Also reported by •IndiaTimes

Govt pulls out preliminary information memo inviting bids for Pawan Hans Helicopters sale

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans, after failing to attract enough bidders
Credit: Firstpost - Published Also reported by •IndiaTimes

Union opposes Pawan Hans sale, writes to PMO to look at IPO instead

With government attempt to get a buyer for Pawan Hans reportedly coming to a cropper and forcing it to rework the bids, the chopper operators union has urged the management to reconsider the..
Credit: Deccan Herald - Published

Suresh Prabhu assumes charge as Civil Aviation Minister

Suresh Prabhu today took over as the Civil Aviation Minister. Soon after taking charge, Prabhu held a meeting with senior officials from the ministry, DGCA, AAI, Air India and Pawan Hans, among others...
Credit: IndiaTimes - Published Also reported by •Deccan Herald

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