CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
CCEA has approved the highest bid of Star9 Mobility Private Limited, how many crores?
A
211.14 Cr
B
223.34 Cr
C
156.30 Cr
D
200.11 Cr
Explanation: 

Detailed explanation-1: -Company Size: Login to view Directors of Star9 Mobility Private Limited are Sumit Sawhney, Vipul Rashmikant Dave and Ramen Raymandal.

Detailed explanation-2: -What is Star9 Mobility? The winning bidder for Pawan Hans - Star9 Mobility Pvt Ltd - is a three-way consortium between Big Charter Private Limited, Maharaja Aviation Private Limited, and Almas Global Opportunity Fund SPC. These three entities own 26%, 25%, and 49% stake in Star9 Mobility respectively.

Detailed explanation-3: -Star9 Mobility to buy 51% govt stake in Pawan Hans for Rs 211.14 crore.

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