ICICI Prudential Asset Management Co., a joint venture between Prudential Plc and ICICI Bank, is preparing to file preliminary documents for an IPO with the Indian regulator. The offering, potentially valued at $1.2 billion and valuing the firm at $12 billion, could be one of India’s largest this year.
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