Inventurus Knowledge Solutions launched its Rs 2,498 crore IPO, open for bidding until December 16. The offer comprises 1.87 crore shares entirely through an OFS, with proceeds going to selling shareholders. Priced at Rs 1265-1329 per share, the IPO boasts a GMP of Rs 422. Analysts recommend subscribing, citing the company’s strong position in the healthcare solutions market.
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