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Top News In Manipal Technologies Today - Breaking & Trending Today

Manipal Tech Looks to Raise ₹1,000 cr

Manipal Technologies (MTL), the largest manufacturer of banking and smart cards in India, plans to bring in a financial partner into the eight-decade-old, Pai family-owned business at a valuation of around ₹4,000-4,200 crore ($500 million), multiple people aware of the initiative told ET. ....

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Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others ....

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Manipal Tech: Manipal Tech, India's largest banking & smart cards manufacturer, looks to raise Rs 1,000 cr

Initially, this proposed transaction will give an exit to a few minority shareholders - family members who own about 20% stake in the parent company MTL. Besides the secondary stake sale, about 5-10% primary shareholding will be sold to meet expansion plans, sources aware of the initiative told ET. ....

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Grapevine: Manipal Tech looking to dilute minority stake; two VC-backed startups shut shop

Ranjan Pai-led Manipal Group’s arm Manipal Technologies is set to raise funding by bringing in a new financial partner into the family-owned business, a media .. ....

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PrintWeek Awards 2023: TCPL wins top honour; 48 Prisms handed out; 14 first-time winners

In an interesting turn of events, Mumbai-based TCPL Packaging edged out last year’s winner Manipal Technologies to take home the coveted PrintWeek Printing Company of Year Prism at the PrintWeek Awards 2023 gala ceremony held at The Westin Mumbai Powai Lake on 30 October. ....

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