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Govt scraps old bidding process for Pawan Hans, will issue fresh soon

New Delhi, Apr 7 (UNI) Government has scrapped the old bidding process of Public Sector Enterprises Pawan Hans and will invite fresh bid for the strategic disinvestment in the copter Company soon.
In this regard, Ministry of Civil Aviation has issued a notice and said, “With reference to the captioned subject, the “Preliminary Information Memorandum for inviting Expression of Interest” issued on 13th October 2017 has been cancelled. Further details in this regard will be issued shortly on this website.”
The chopper company is a 51:49 joint venture between the Government of India and oil and Gas giant ONGC.
Last year, the government had invited bids from private companies, including foreign ones, to buy out its stake along with management control in helicopter service operator Pawan Hans Ltd (PHL).
Last week Minister of State for Civil Aviation Jayant Sinha too had said that his Ministry will go for fresh bidding.
In October last year, in a “global invitation for expression of interest”, the government had asked private players to submit the bids by December 8.
More News

e-Way Bill system roll out in four more states, Puducherry UT from Apr 25

23 Apr 2018 | 8:51 PM

New Delhi, Apr 23 (UNI) e-Way Bill system for intra-state movement of goods would be implemented in four more states and Union Territory (UT) of Puducherry from April 25, a Finance Ministry statement said on Monday.

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Honda kick-starts Road Safety Week

23 Apr 2018 | 8:46 PM

New Delhi, Apr 23 (UNI) Starting ‘National Road Safety Week 2018’, Honda Motorcycle & Scooter India Pvt.

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Whirlpool ropes in Kriti Sanon and Sushant Singh Rajput as its new Brand Ambassadors

Whirlpool ropes in Kriti Sanon and Sushant Singh Rajput as its new Brand Ambassadors

23 Apr 2018 | 8:12 PM

Kolkata, Apr 23 (UNI) Whirlpool of India, a subsidiary of Whirlpool Corporation and world’s
leading home appliance company has roped in celebrity actors Kriti Sanon and Sushant
Singh Rajput as its new Brand Ambassadors.

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Eazy Diner partners American Express; launches dining program

23 Apr 2018 | 7:26 PM

New Delhi, Apr 23 (UNI) Online restaurant reservation platform EazyDiner on Monday announced the launch of an exclusive dining program —EazyDiner Prime —in partnership with American Express.

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Mia by Tanishq launches on Amazon in

23 Apr 2018 | 6:50 PM

New Delhi, Apr 23 (UNI) Tanishq on Monday announced the launch of its contemporary jewellery brand Mia on Amazon.

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