Government to sell 10 pct stake in Coal India

MUMBAI/NEW DELHI (Reuters) - India is aiming to sell a 10 percent stake valued at around $3.7 billion in top coal miner Coal India Ltd through a stock market auction, as part of the government's drive to raise money from reducing its holdings in companies. The government, which owns 78.65 percent of Coal India, has sought bids from banks by Sept. 2 to manage the share offering, according to a notice issued by the Department of Disinvestment, which oversees stake sales in state companies. La