<div>Cairn Energy is selling an 8 per cent stake in India-focused oil explorer Cairn India in a deal that could raise up to $940 million, a source with direct knowledge of the deal said on 24 September' 2012.</div><div> </div><div>Cairn Energy is selling nearly 153 million shares of Cairn India for between Rs 317.90 and Rs 328.30 per share, said the source, declining to be named as he was not authorised to speak to the media.<br /><br />(Reuters)</div>
