The government today approved disinvestment of 10 per cent equity each in mining companies Coal India Limited and Hindustan Copper Limited. The decision was taken at a meeting of the Cabinet Committee of Economic Affairs. Talking to reporters, Home Minister P Chidambaram said, disinvestment of Coal India would be through book<br/><br/>building process in the domestic market. One per cent of the equity will be offered to the employees of Coal India and<br/><br/>its eight subsidiaries. The Committee also decided to allow five per cent price concession to retail investors and employees of Coal India Limited. The paid up equity capital of Coal Iindia Limited is 6,316 crore rupees and the government owns 100 per cent stake in the coal major.<br/><br/> For the disinvestment of Hindustan Copper Limited, there will be a fresh issue of equity to extent of 10 per cent of the<br/><br/>Pre-issued paid up capital.<br/>