Govt calls off strategic sale of helicopter service provider Pawan Hans

In April last year, the government had decided to sell Pawan Hans for Rs 211.14 crore to Star9 Mobility, a consortium of Big Charter Pvt Ltd, Maharaja Aviation Pvt Ltd and Almas Global Opportunity Fund SPC. Pawan Hans is a joint venture between the government and ONGC, which hold 51% and 49% stakes in the company.

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