Lack of interest in government's BPCL stake threatens to derail India's divestment goals

Investors are not showing much interest in the sale of the government’s 53% stake in Bharat Petroleum Corp. Ltd (BPCL), which is expected to fetch the Centre around ₹45,000 crore ($6 billion). The privatization process could thus well be derailed, said investment bankers aware of the divestment process.