Tag: Helicopters

ONGC board okays exiting Pawan Hans, to sell 49% stake

ONGC board okays exiting Pawan Hans, to sell 49% stake

New Delhi: The ONGC board has approved exiting helicopter service provider Pawan Hans by selling its entire 49 percent stake as with an aim to cut debt and consolidate resources in core oil and gas business, officials with direct knowledge of the development said. Oil and Natural Gas Corp (ONGC) wants its[Read More…]

India, Russia may sign deal to make Kamov choppers

India and Russia are expected to sign this weekend a “complex agreement” for production of 200 Kamov 226T helicopters domestically. The agreement is expected to be inked on the sidelines of the 2016 BRICS Summit in Goa from October 13 to October 16. This agreement will be the next big[Read More…]





Latest Update