Casagrand Premier Builder has filed a draft red herring prospectus with SEBI to raise Rs 1,100 crore through an IPO. The funds will be used for debt repayment and general corporate purposes. The IPO includes fresh issues worth Rs 1,000 crore and an offer for sale by promoters worth Rs 100 crore.
US stocks: US market sinks as bond yields rise, Walmart results disappoint
The S&P 500 consumer discretionary sector was one of the biggest drags on the benchmark index, with megacaps including Amazon and Tesla among its biggest