The successful bidding consortium Star9 Mobility Pvt Ltd was disqualified in view of pending legal cases. Pawan Hans is a 51:49 joint venture of the government and ONGC.
Hyderabad: A company with total assets of Rs 1,327.4 crore, Gross Carrying Value of Rs 1,124.6 crore, total revenues of Rs 401.71 crore, massive blocks of real estate, a sound business plan in place till 2026 and union government holding 51 per cent stakes in the company. Sounds like a hunky dory business situation, right? […]
