Why does Google need to borrow money for 100 years?

And here’s the kicker: investors went crazy for it. Alphabet wanted to raise £1 billion with this century bond and received £9.5 billion in bids. That’s nearly 10 times oversubscribed. The overall debt raised across dollars, sterling, and Swiss francs hit almost $32 billion in less than 24 hours. This is unprecedented in modern technology….

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SBI’s robust Q3 numbers mask non-core profit boost

State Bank of India’s (SBI) December quarter (Q3FY26) results landed strongly on Saturday against a slightly jittery backdrop. Bond yields had crept up after the Union Budget, reviving the familiar fear trade around banks—higher yields, tighter liquidity, and pressure on margins. SBI stock had declined almost 5% in response, but has since recouped the losses,…

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Sebi moves to ease post-concession, cash-management rules for InvITs, REITs

India’s market regulator has proposed targeted regulatory changes for real estate and infrastructure investment trusts, seeking to ease cash deployment, borrowing flexibility, and post-concession asset handling while retaining existing investor protection norms. In a consultation paper issued on Thursday, the Securities and Exchange Board of India (Sebi) has proposed allowing InvITs to continue holding special…

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In the works—a tougher drug law to check opioid abuse

The move could materially tighten oversight across India’s $50 billion pharmaceuticals market, even as industry stakeholders urge caution on the plan. The proposal by the Drugs Controller General of India (DCGI) involves increasing the imprisonment duration by three-and-a-half times to seven years, and financial penalty by up to 28 times under the Drugs and Cosmetics…

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FPIs take a bearish call in the run-up to Budget

With the Union budget for FY27 just about there, trading patterns in the derivatives market suggest that foreign investors are bracing for either a correction or a long spell of post-budget calm. Foreign portfolio investors (FPIs), who have prevailed over bullish retail investors by shorting the Indian markets since October 2024, are running into the…

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