After 3 failed bids, Government sells its stake in Pawan Hans to private consortium - The Indian Express

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.
After three unsuccessful attempts at disinvesting its stake in the helicopter services provider, the government Friday approved the sale of Pawan Hans Ltd along with management control to Star9 Mobil… [+3449 chars] Read More