(Bloomberg) -- Lombard Odier Investment Managers will expand exposure to Indian high-yield dollar credit in its $2 billion Asian bond strategy, after the sector helped the product become a top performer by beating 96% of its peers this year.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOUS Floats Tougher Trade Rules to Rein In China Chip IndustryBiden Faces Intensifie
(Bloomberg) -- Vedanta Ltd., the Indian mining company controlled by billionaire Anil Agarwal, is seeking to raise about $1.02 billion through an upsized share sale to institutional investors.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickXi Jinping’s Great Eco
Some of India's biggest companies, including Vedanta Ltd, Bharti Airtel , RPSG Group and Essel Mining were among the country's top political funders over the last five years under a now-scrapped opaque political funding system, official data showed on Thursday. The information was made public by the Election Commission of India following an order on Monday from the country's top court. The political funding mechanism introduced in 2017 allowed companies and individuals to donate unlimited amounts anonymously to political parties.