BANKING & FINANCE
Manipal Health Enterprises Redeems ₹5,310 Cr NCDs Using IPO Proceeds
Manipal Health Enterprises Ltd (Manipal Hospitals) has fully redeemed non-convertible debentures (NCDs) with a nominal value of ₹5,310 crore issued by its wholly owned subsidiary, Manipal Hospitals Private Ltd. The redemption was undertaken using the relevant portion of the IPO proceeds, in accordance with the objects of the Initial Public Offering disclosed in the prospectus […]
CW Bureau
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Sep 18, 2026
HOSPITALITY
Moopen Family Ups Aster DM Stake To 24.58% With ₹350 Cr Purchase
Union (Mauritius) Holdings Ltd., owned and promoted by Dr. Azad Moopen and his family, has acquired 46.09 lakh equity shares of Aster DM Quality Care Ltd. from TPG-backed Centella Mauritius Holdings Ltd. for about ₹350.34 crore. The shares, representing around 0.57% of Aster DM Quality Care’s paid-up equity share capital, were acquired on September 2 […]
CW Bureau
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Sep 4, 2026
HOSPITALITY
Park Group Launches Panchkula Hospital, Expands Mohali Unit
Park Group Launches Panchkula Hospital, Expands Mohali Facility to Build 850-Bed Tricity Healthcare Network Park Group of Hospitals has approved the launch of an advanced multi-super specialty hospital in Panchkula, with a capacity expandable to 350 beds, along with a 150-bed expansion of its existing 350-bed facility in Mohali. The expansion strengthens the group’s footprint […]
CW Bureau
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Mar 10, 2026