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Govt scraps sale of CEL to Nandal Finance; decision on Pawan Hans likely in September

In November last year, the government had approved sale of CEL -- a public sector enterprise under the Department of Scientific and Industrial Research (DSIR) -- to Delhi-based Nandal Finance & Leasing for Rs 210 crore. However, in January this year, the government put the sale process on hold pending examination of specific allegations regarding the bidder.
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