Archive for January 30th, 2009

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Heard on the Street

In June last year, it was among the most aggressive buyers of state-owned banks. Less than a year since, The Children’s Investment Trust, or TCI, has whittled down its exposure to these stocks considerably. And in a few cases, the trust has exited its investments altogether. On Thursday, The Children Investment Master Fund sold more than one crore shares of Oriental Bank Of Commerce, or 4.31%, of its stake at Rs 129 per share.

Market outlook and Intraday tips for 30th Jan from IndianMoneyPlus.Com

Fortis buys 29% stake in Mauritian hospital

NEW DELHI: Hospital chain operator Fortis Healthcare and Mauritius-based diversified industrial group CIEL together will acquire a 58% stake in
Mauritius private hospital Clinique Darne for $7 million.

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