Last mentioned: Mar 24, 2026
Manipal Health Enterprises has filed its Draft Red Herring Prospectus for a landmark $1 billion initial public offering. The move marks a significant milestone for the Temasek-backed hospital chain, positioning it to capitalize on India's surging demand for private healthcare infrastructure.
Manipal Health Enterprises has officially filed its Draft Red Herring Prospectus (DRHP) for an initial public offering, marking a pivotal moment for India's second-largest hospital chain. The move follows years of aggressive consolidation and a majority stake acquisition by Singapore’s Temasek.
The California Public Employees Retirement System (CalPERS) has expanded its position in ServiceNow, Inc., acquiring 62,346 additional shares. This move by the nation's largest public pension fund underscores a significant institutional shift toward enterprise software leaders positioned to monetize generative AI.