Quadrant Future Tek plans to raise Rs 290 crore through an IPO to repay debt, fund capex, and support working capital. The company is expanding into EVs, renewable energy, and railways while facing margin challenges from its growing signaling business.
US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields.