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The Latest Breaking News from Manipal

Manipal Health shares list at 11% premium to beat GMP estimates. What should allotted investors do?

Manipal Health Enterprises shares debuted at an 11% premium over the IPO price, beating grey market expectations. Brokerages remain constructive on the hospital chain's long-term prospects, though some caution that valuations are rich. Here's what experts recommend for allotted investors and those considering fresh entry.

The Economic Times

Manipal Health IPO: How an acquisition spree will consume most of its Rs 8,000 crore fresh issue

Manipal Health Enterprises will use over three-fourths of its Rs 8,000 crore fresh IPO proceeds to repay acquisition-related debt and fund an additional stake purchase in Sahyadri Hospitals. The issue reflects a balance-sheet reset after an aggressive expansion strategy that significantly increased debt while expanding its hospital network.

The Economic Times

6 Indian Destinations That Are Genuinely Easy and Rewarding for Senior Travellers

Mysuru: The City That Does the Work for YouMysuru is the most underrated senior-friendly destination in India, and the reason is simple: almost everything worth seeing sits within a 5-km radius of the city centre. The Mysore Palace, Devaraja Market, Chamundi Hill (accessible by car to within 50 steps of…

Times Life

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read the most diverse news in one place.

NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlement

Aakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement talks for the Aakash shareholding dispute. The National Company Law Tribunal has adjourned the matter to July 16, expecting a resolution. This development follows reports of ongoing settlement discussions between Manipal Education…

The Economic Times

Byju's Aakash endgame; Startup deal street wakes up

Happy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearing

Settlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aakash Educational Services shareholding dispute. This crucial discussion aims to settle the division of Aakash's value, Byju's most significant asset, ahead of a key NCLT hearing.

The Economic Times

PE wars to billion-dollar IPO dreams, hospital sector is fighting fit

Major private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition highlights strong investor confidence in India's healthcare sector. The industry is entering a new growth phase driven by increasing demand, a shortage of hospital beds, and a rise in…

The Economic Times

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Manipal Hospitals collaborates with Pfizer to improve patient care

Manipal Hospitals partners with Pfizer to enhance adult vaccination program, focusing on preventing vaccine preventable diseases efficiently.

The Hindu

Former PM Deve Gowda discharged from hospital

The 90-year-old JD(S) supremo was admitted to Manipal Hospital

The Hindu

IT raid on Manipal Group

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