Vishal Mega Mart launches its Rs 8,000 crore IPO today, open for bidding until December 13. The offer comprises 102 crore shares, entirely an OFS, benefiting the promoter. Priced at Rs 74-78 per share, the IPO enjoys a GMP of Rs 24-25. Analysts recommend subscribing, citing the company’s loyal customer base and diverse brand portfolio.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also