An unusually large deal in the thinly traded debt market has raised eyebrows as ICICI Prudential Mutual Fund, the country’s top fund house, sold almost Rs 3,000 crore of top-rated Vodafone bonds to investors including ICICI BankBSE 1.04 % and HDFC BankBSE 1.34 % in the secondary market, three people familiar with the matter told ET.
Vodafone India and Idea Cellular are merging and the formalities of the transaction are likely to conclude in this financial year.
“T ..