Manipal Group

Manipal Health's $960 million IPO fully subscribed on final day of bidding

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

We can theoretically become net-debt zero after IPO: Manipal Health's Jose

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 aims to raise $960 mn in IPO, price band set at ₹560-590

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

CCI imposes ₹50 lakh penalty on Manipal group over Aakash deal violations

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

OpenAI ties up with Aiims, IIT Delhi, others to build AI-ready talent

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 ...

Billionaire Ranjan Pai's Manipal Group eyes Byju's parent in insolvency bid

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

Valuation of Manipal Hospitals hits $13 billion; firm eyes IPO in 2026

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

KKR lends $600 million to Manipal Group in its largest credit investment

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

Manipal Hospitals rebrands AMRI units eight months after acquisition

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

KITES Senior Care raises Rs 45 crore from Ranjan Pai's family office fund

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

PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed

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

Life with Pai: What does Ranjan Pai's re-entry mean for Byju's and Aakash?

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

Ranjan Pai invests $168 mn in Byju's Aakash to clear Davidson Kempner debt

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

Ranjan Pai buys out Byju's Rs 1,400 cr debt with Davidson Kempner

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

Manipal Group invests in Purplle with secondary purchase from JSW Ventures

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

Manipal Group chairman Ranjan Pai in talks to invest $350 mn in Byju's

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

Diagnostic services firm Manipal HealthMap acquires Medcis Pathlabs

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

TMS Ep490: Manipal help Byju's, August rains, markets, full-service airline

Will Manipal be Byju's white knight? Can below-normal August rains affect food inflation? How should you trade in a range-bound market? How is low-cost airline different from a full-service airline?

Manipal Group chairman Ranjan Pai in talks to invest in Byju's-owned Aakash

Raveendran may partially offload his stake for $80-90 mn

PharmEasy to raise Rs 2,400 cr, Manipal Group likely to invest Rs 1,000 cr

The fundraising will be done via a rights issue where the stock will be sold at a 90 per cent discount at Rs 5 per share