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 2019The 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 2018TheFortisboard is largely to blameforfailure to discharge its dutytowardsthe shareholders
3 min read16 May 2018With the approval of binding offer from Hero-Burman family offices, the Fortis board has set aside bids from a combine of TPG-Manipal Health and IHH Healthcare
1 min read11 May 2018The panel has to decide between the offers by Manipal-TPG, IHH Healthcare and an unnamed Sunil Munjal-led entity
2 min read15 May 2018The bidding war for control of Fortis Healthcare Ltd reached its final stage on Tuesday with Malaysia's IHH Healthcare Bhd making a binding offer of Rs650 crore for immediate infusion into the stricken hospital operator
2 min read24 Apr 2018In other news, BJP spent Rs606.74 crore on election propaganda in 2016-17 while Congress spent Rs149.65 crore for the same period
3 min read11 Apr 2018The application was moved by Daiichi in the light of its ongoing execution proceedings against former Fortis promoters Malvinder and Shivinder Singh for recovery of a Rs3,500 crore arbitral award
2 min read6 Apr 2018The Fortis Healthcare board appears to have signed definitive agreements but shareholders may have wanted to see what IHH has to offer, before signing off on it
3 min read29 Mar 2018The Fortis-Manipal deal is still not settled and we have to jump through multiple hoops, but this is the first big milestone, says TPG Capital's Puneet Bhatia
2 min read29 Mar 2018The 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