 "Top headlines: Fresh blow to Musk's India plans; IndiGo posts profit in Q3")
Govt will wait for more suitors to sell BPCL, says DIPAM Secretary
India will not rush into selling the country’s second-biggest state refiner if it ends up with a lone suitor, according to the top bureaucrat overseeing asset sales.
“We need competitive bids, we can’t do it with a single bid,” Tuhin Kanta Pandey, secretary in the Department of Investment and Public Asset Management, said in an interview on the sale of Bharat Petroleum Corp. “In the expressions of interest, we have listed the people, multiple people. They must come in.” Read more here
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