Manipal Group

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

Competition Commission of India approves deal involving Manipal Group

The Competition Commission of India (CCI) on Tuesday said it has cleared the proposed deal involving Manipal Health Enterprises Pvt Ltd and Manipal Education and Medical Group India Pvt Ltd (MEMG India). Manipal Health Enterprises Pvt Ltd (MHEPL) operates a chain of multi-speciality hospitals under the brand name 'Manipal Hospitals', while MEMG India is a wholly-owned subsidiary of RSP Trust India and belongs to the Pai family group. In a tweet on Tuesday, CCI said it has approved the "proposed combination involving Manipal Health Enterprises Private Limited and Manipal Education and Medical Group India Private Limited". The deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace.

From adding beds to more high-end surgeries, Manipal's next health plan

Bengaluru-based hospital chain is focusing on adding beds - both organically and inorganically - and offering more high-end and complex surgeries for growth and profit

We will continue to hold 30% in Manipal Health: Manipal group chairman

In a Q&A, Dr Ranjan Pai also confirms that Manipal Health will look for a listing going forward

Coffee with BS: Manipal group's Ranjan Pai on charting an ambitious course

Pai is charting an ambitious course for his group in his characteristic self-assured and understated manner, writes Anjuli Bhargava

Doctors who don't practise but teach can be roped in: S Vaitheeswaran

S Vaitheeswaran talks about the possible ways to bridge the gap in skilled manpower in the sector

Listing can happen in 18-24 months, says Manipal Education's Ranjan Pai

Our focus right now is to complete the transaction and the integration, said Pai

Bengaluru-based Manipal Hospitals to acquire Columbia Asia for Rs 2,100 cr

The deal may mark the exit of US based hospital chain from India

Manipal Health Enterprises plans expansion, may go for IPO in 2 years

Plans organic expansion after unsuccessful attempts to acquire Fortis, Medanta hospitals