The government’s effort to privatise Pakistan International Airlines (PIA) failed as the only bidder, Blue World City, offered PKR 10 billion for a 60% stake, significantly lower than the PKR 85.03 billion minimum. The lack of competition and high government demands discouraged other bidders.
Related Posts
‘Diwali now celebrated openly and proudly’: Biden lights a diya at White House
President Joe Biden celebrated Diwali at the White House with over 600 Indian Americans, highlighting the festival’s significance and the contributions of the South Asian […]
‘Dhoni ne screen pe mukka mara’ – Harbhajan reveals shocking incident
In a rare display of frustration, MS Dhoni punched a screen after Chennai Super Kings lost to Royal Challengers Bangalore in a crucial IPL match […]
Trapped in conflict zone: Scores of Indians still stranded in Iran, Israel; anxiety stalks kin
Amid escalating conflict between Iran and Israel, numerous Indian nationals, including students and pilgrims, are stranded, facing uncertain and risky returns. Indian embassies are coordinating […]