Manipal News
Deals Buzz: Airtel gets board nod to raise up to $3 billion
In other news, Ranjan Pai’s Manipal Hospitals and billionaire B.R. Shetty-owned BRS Ventures Investment Ltd are front-runners in the race for Columbia Asia Hospitals in India
7 min read5 Dec 2019Manipal’s dream of a pan-India footprint comes to a halt as Medanta talks fail
The Manipal Group was looking to acquire Medanta, which runs hospitals in Gurugram, Patna and IndoreManipal owns 10 multi-speciality hospitals, five teaching hospitals and several fertility clinics
2 min read18 Aug 2019Manipal Group’s Stempeutics Research raises ₹95 cr from Kemwell Biopharma
Stempeutics is a late stage life sciences firm that develops and markets therapeutic products based on adult stem cells in IndiaIncorporated by the Manipal Group in January 2006, the firm has so far received ₹125 crore from its promoter group
2 min read24 Jul 2019Manipal Group acquires Jigsaw Academy
Jigsaw Academy founders Sarita Digumarti and Gaurav Vohra will continue with the firmManipal ProLearn offers certification courses across technology, digital marketing, data sciences, project management and finance
1 min read12 Jun 2019Manipal Group to up stake in Cigna TTK to 51%, TTK to exit biz
Cigna Corporation will continue to hold 49% stake, while TTK will exit the health insurance business by selling its 31.48% stakeThe name of the JV has been changed to ManipalCigna
1 min read4 Jun 2019Morgan Stanley to invest ₹145 crore in Manipal Health Enterprise
The tie-up involves an investment of ₹100 crore in HealthmapManipal Health Enterprise is the health arm of Manipal Education and Medical Group
1 min read16 May 2019TPG Capital, Manipal in exclusive talks to acquire Medanta
The TPG Capital and Manipal Group combine are said to have entered into a three-month exclusivity period on negotiationsTPG Capital and Manipal Group are currently conducting a due diligence on Medanta hospitals
2 min read13 Feb 2019Manipal eyes Medanta after failed Fortis Healthcare bid
The TPG Capital-Manipal combine is the only party that is actively pursuing Medanta after Malaysia’s IHH Healthcare withdrew its non-binding bid following its acquisition of Fortis Healthcare
2 min read26 Oct 2018Manipal to pick up minority stake in Cigna TTK Health Insurance
The Manipal Group will hold a 16.04% stake, while the TTK Group will own 34.96%in the health insurance venture
1 min read4 Sep 2018Why Fortis Healthcare’s minority shareholders deserve a hostile bid
With promoters owning only a 0.77% stake in Fortis, minority shareholders will decide the fate of any bid. What questions should they ponder over before making a decision?
3 min read13 Jul 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared