 "Pawan Hans Ltd")
India will finalize the sale of state-owned helicopter service provider Pawan Hans Ltd. this week and has received bids from companies including JSW Steel Ltd. and Jindal Steel & Power Ltd., according to people with the knowledge of the matter.
A group of officials headed by Cabinet Secretary Rajiv Gauba is meeting on Saturday to pick the winning bid, the people said, asking not to be identified as the matter is private. A final announcement will be made after the approval by a ministerial panel which is largely procedural, they said.
The asset sale plan will help bridge the budget gap
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