Coal India shares rise on $3 billion interim dividend

MUMBAI (Reuters) - Shares in State-run Coal India Ltd rise 2.3 percent in trade after the company on Tuesday said it will pay an interim dividend of 29 rupees a share, or 183.2 billion rupees, in the current fiscal year.

The government's 90 percent shareholding in the company will fetch it about $2.7 billion.

(Reporting by Abhishek Vishnoi; Editing by Anupama Dwivedi)