Ranjan Pai News

Companies

Manipal’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 2019
Companies

Verloop raises $3 million from IDFC Parampara Fund, others

SaaS startup Verloop will use the funding from IDFC Parampara Fund and others to enhance technology, which will leverage more customer engagement and expand the team

1 min read27 Nov 2018
Companies

Manipal-Fortis bid: Had to take ‘more risky’ approach, says Ranjan Pai

Manipal and its consortium partner TPG Capital are offering Rs160 per share to buy Fortis Healthcare, valuing the company at Rs8,350 crore

1 min read7 May 2018
Companies

Manipal & TPG’s relentless pursuit of Fortis hospitals: 18 months, 334 drafts

Many hurdles remain in the Fortis-Manipal deal to create India's largest hospital chain, but Ranjan Pai is not ready to give up on the acquisition

5 min read16 Apr 2018
Companies

Fortis-Manipal deal still a 50:50 bet, says Ranjan Pai

Resistance from Fortis Healthcare shareholders is likely to pose the biggest challenge to the Fortis-Manipal deal, says Manipal Group's Ranjan Pai

2 min read10 Apr 2018
Companies

Fortis-Manipal deal puts Ranjan Pai atop list of India’s most successful entrepreneurs

Ranjan Pai built Manipal Education and Medical Group after a bitter family feud, and now, after the Fortis-Manipal deal, his firm is the largest hospital chain in the country

4 min read29 Mar 2018
Companies

It’s unlikely Daiichi will have a say in Fortis-Manipal deal: Ranjan Pai

The Daiichi Sankyo arbitration case will not affect the Fortis-Manipal deal, Manipal Group's Ranjan Pai said, as the original Fortis Healthcare promotersthe Singh brothersno longer have a large shareholding

3 min read29 Mar 2018
Companies

Mohandas Pai, Ranjan Pai acquire minority stake in realty start-up Maia Estates

Led by Mayank Ruia, part of the Ruia family that promotes The Phoenix Mills Ltd, Maia Estates will launch its first high-end residential project by March-end

2 min read13 Mar 2018
Companies

AEON Learning raises $3.2 million from MEMG Family Office

AEON Learning will use the funding from MEMG Family Office for growing its business from its university partnerships and skill programmes

1 min read23 Jan 2018
Companies

Goldman Sachs eyes stake in Manipal Integrated Services’s hostel business

Goldman Sachs is expected to invest about Rs250-300 crore to acquire around 45-49% stake in Manipal Integrated Services's hostel business

2 min read3 May 2017
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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

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