Manipal Health Enterprises has received Sebi approval for its initial public offering. The company plans to raise approximately ten thousand crore rupees through this offering. A significant portion of the funds will repay subsidiary borrowings. Another part of the proceeds will fund a stake acquisition. This move signals a major step for the healthcare provider’s expansion plans.
Corporates rush to raise over Rs 17,000 crore as yields ease
Corporate debt issuances have seen significant growth as many companies seek to capitalize on favorable borrowing conditions. The aggregate debt proposed to be raised this