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Singapore sovereign wealth fund Temasek is selling 8-9% of its stake in Manipal Hospitals to Abu Dhabi fund Mubadala and Brunei Investment Authority. Temasek will continue to hold a 51% stake in the hospital chain. The sale is part of Temasek's portfolio rebalancing strategy and could potentially help Manipal Hospitals in the future with large-scale expansion opportunities.
Temasek owned Sheares Health, is in advanced negotiations to sell 8-9% of its 59% interest in Manipal Health Enterprises to Abu Dhabi' fund Mubadala and the sovereign wealth fund of Brunei, Brunei Investment Authority (BIA), said people in the know.
Business-to-business (B2B) ecommerce firm OfBusiness bagged top honours at the ninth edition of Indias most prestigious awards for entrepreneurship — The Economic Times Startup Awards 2023.
The B2B ecommerce firm OfBusiness bags top prize; Nexus Venture Partners MD Jishnu Bhattacharjee wins Midas Touch award.
After more than two hours of deliberations on the basis of an 87-page dossier, the high-powered jury for the Economic Times Startup Awards 2023 selected the eight winners from a cohort of 38 nominees.