Manipal Group

Manipal Health Enterprises Ltd is setting its sights on expansion in various states, including Telangana, Keralam, and Delhi-NCR, while pivoting towards a "physical plus digital" healthcare model driven by Artificial Intelligence (AI). The healthcare major is actively evaluating strategic opportunities in Telangana, Keralam, Andhra Pradesh, and Chhattisgarh to selectively deepen its presence in identified markets, Manipal Health Enterprises said in its annual report for FY26. Manipal Hospitals continues to evaluate inorganic growth opportunities across Karnataka; Maharashtra and Goa, including the Mumbai-Pune economic corridor; and Eastern India, comprising West Bengal, Odisha, Jharkhand and Sikkim, it said. A key pillar of its upcoming infrastructure is the greenfield project in Juhu, Mumbai. The group recently completed the acquisition of the remaining land and building for this project for a total consideration of Rs 495 crore, of which Rs 130 crore is payable subject to the ...

Sahyadri acquisition lifts FY26 revenue 25%, but higher debt, depreciation and taxes pull PAT down 15%; ARPOB rises 9%

The IPO, India's second biggest this year after SBI Funds Management, received bids for 229 million shares, as of 1:54 p.m. IST, against 90.09 million shares on offer, according to exchange data

MD & CEO Dilip Jose says the hospital chain will use the ₹8,000-crore fresh issue largely to repay debt, while pursuing organic expansion and selective acquisitions in key markets

Manipal Health will start taking investor orders on July 29 and plans to close bidding on July 31

The Competition Commission of India fined Manipal group entities for implementing parts of the Aakash Educational Services acquisition without prior approval

OpenAI on Wednesday announced partnerships with leading Indian universities to embed artificial intelligence across management, health, engineering, creative and multidisciplinary education, aiming to build AI-ready talent for a tech-driven economy. The first cohort includes Indian Institute of Technology Delhi, Indian Institute of Management Ahmedabad, All India Institute of Medical Sciences New Delhi, Manipal Academy of Higher Education, University of Petroleum and Energy Studies (UPES), and Pearl Academy, OpenAI said in a statement. The initiative will support over 1 lakh students, faculty and staff over the next year, moving beyond basic access to AI tools toward campus-wide integration anchored in responsible use and academic integrity. Raghav Gupta, Head of Education, OpenAI India, said, "AI literacy is essential to building a future-ready generation. Studies project that by 2030, nearly 40 per cent of the core skills workers rely on today will change, driven largely by ...

The education and healthcare major has filed an EOI to join the resolution process for Think & Learn

Bengaluru-based Manipal Hospitals cements top spot with major expansion, aims IPO

The capital was arranged by KKR Capital Markets and is being anchored by the firm's private credit and insurance platforms

Manipal Hospitals, which acquired an 84 per cent stake in AMRI Hospitals in September 2023 for around Rs 2,300 crore, announced brand integration on Tuesday

Pai recently invested $168 million (Rs 1,400 crore) in edtech firm Byju's test-prep subsidiary AESL and was in discussion to invest about $350 million in Byju's in both equity and debt

Besides Pai's commitment, PharmEasy raised the remaining Rs 2,200 crore from existing shareholders

Given the past and the present, it was not a surprise that early this year Raveendran reached out to Pai and the outcome has been prompt

Industry sources said that Pai of Manipal Group paid out Davidson Kempner in a bilateral debt transaction

Manipal Education and Medical Group Chairman Ranjan Pai has also secured a seat on Byju's subsidiary, Aakash

With this transaction, JSW Ventures has fully exited its stake in Purplle from Fund I and has returned 2.7 times the fund size to its investors so far

The capital from Pai is expected to help Byju's release the pledge on shares of Aakash, which were offered as collateral for the Davidson Kempner loan

Company buys remaining stake in peer after first deal in 2022 gave it 84%

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