The Childrens' Investment Fund, the $9.5 billion (6.5 billion pounds) London activist hedge fund, has liquidated its holdings in Indian state-owned banks, according to the Financial Times, in one of the biggest single selldowns by a foreign institutional investor in the country's stock market. In the past three months, the fund has sold holdings in eight banks, from state-owned Bank of Baroda to Union Bank of India, the FT reported.   more »