JPMorgan Asset Management

The South Asian nation surprised investors by imposing restrictions on sales of new securities with those tenors this week, just a month after it was included in JPMorgan's flagship gauge

A Vedanta spokesperson said the group continues to exercise refinancing and capital-raising activities from diverse sources as it seeks to improve its debt and cash profile

Bank said it expects full-year net interest income (NII) of $90 billion. That was higher than estimates of $86.2 billion, according to LSEG data. In the quarter, NII rose 19% to a record of $24.2 bn

The investment comes after a March fund-raise where Kindbody secured $100 million from Perceptive Advisors in a deal that valued the company at $1.8 billion

JPMorgan Asset Management sees investors piling back into the two countries' bonds and currencies as the greenback's strength begins to wane