The realty firm Blue World City was the only one to submit a final bid of PKR 10 billion ( ₹ 302.59 crore), where the minimum expected price was PKR 85 billion, reported the agency citing the ...

Blue World City Chairman Saad Nazir however stood by its bid. "We wish the government all the best if they don’t want to accept our bid," he said during the ceremony.

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. ...