Vodafone Idea’s retail investor shareholding surged by 55 lakh post FPO. Individual investor stake reached 6.17%. Mutual funds stake dropped to 2.06%. Company updated exchanges on shareholding. Telecom operator successfully raised Rs 18,000 crore.
RBI: Govt to buy back bonds worth Rs 40,000 crore; move to ease tight liquidity
The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back