ICFAI Business School (IBS), Gurgaon

Yes of course.
Pgpm is a combination of both mba and pgdm and hence is according to the current trend of an industry.
IBS gurgaon also offers an mba degree which is being conduct by IBS Dehradun on the payment of a certain fee i.e. Rs 25000 pa.
Examinations for the same are also held in June/July/December/January every year and are conducted on Online/Computer based test mode for the MBA program.
Apart from this,IBS Jaipur and Dehradun also provides the MBA degree if you would like to go for the govt job.

PGDM is better for future prospects,as it is similar to MBA course, it gives benefit like MBA. You can do PGDM from good B-School also.

IBS gurgaon is a better option than bvp pune. For IBS gurgaon you have to attempt for IBSAT and also it acpets CAT- %ile NMAT - 150+ . Though this year IBSAT is over you can try for next year.
The MBA program is offered at Dehradun, Hyderabad, Jaipur.
The PGPM program is offered at Ahmedabad, Bengaluru, Gurgaon, Kolkata, Mumbai and Pune.