Rolta Missed Payment Ringfenced as Funds Focus on India Progress

Updated on
  • Rolta faces ‘idiosyncratic’ issues so impact less: Fidelity
  • India high-yield dollar bonds gained 11.5 percent this year

Fund managers say India’s economic progress, including changes to protect investors during bankruptcies, are helping ringfence the nation’s dollar bonds from the impact of nonpayment by a software maker.

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