Latest news with #Manipal
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Business Standard
3 days ago
- Business
- Business Standard
KKR's exit from JB Chemicals cements its healthcare track record
KKR & Co's ₹11,900 crore ($1.42 billion) exit from JB Chemicals and Pharmaceuticals marks another successful bet in India's fast-growing healthcare sector, underscoring the US-based private equity giant's strong track record in the space. KKR exited JB Chemicals on Sunday. The sale of its 46.39 per cent stake in JB Chemicals to Torrent Pharmaceuticals comes over four years after KKR acquired control of the company in 2020. The exit follows its blockbuster five-time (5x) return in Max Healthcare in 2022, which remains the largest block deal by a private equity firm in India to date, a person familiar with the matter said. In JB Chemicals, the US-based firm made 36 per cent gross internal rate of return in the exit, including sale of part of its stake via block deal early this year. The JB Chemicals deal adds to KKR's expanding healthcare portfolio in India, which includes stakes in Healthcare Global Enterprises, Baby Memorial Hospital (BMH), Healthium Medtech, and Infinx Healthcare, a US-based healthcare technology firm focused on revenue cycle and patient access solutions. Since the start of 2024, KKR's private equity arm has deployed $2 billion in India. In June, the firm arranged $600 million in financing for the Manipal group through KKR Capital Markets. The deal, anchored by KKR's private credit and insurance platforms, is aimed at supporting Manipal's long-term growth strategy. The Manipal group, which operates Manipal Health Enterprises, one of India's largest multispecialty hospital chains, has been active in the M&A (mergers and acquisitions) market. Manipal had in April 2023 sold a significant stake in its hospital business to Singapore's Temasek Holdings in a transaction valued at nearly $2 billion. KKR's back-to-back healthcare bets come amid rising investor appetite for India's healthcare sector, fuelled by growing demand for quality care, rising incomes, and increased insurance penetration. In 2024, healthcare funding saw an 80 per cent rise in deal volumes, with notable activity in medtech and single-specialty hospitals. The IT/ITeS sector deal value grew 300 per cent, driven by major transactions such as Perficient ($3 billion), Altimetrik ($900 million), and GeBBS ($865 million). Single-specialty hospitals saw particular interest, with deal volumes doubling as investors targeted underpenetrated categories such as eyecare, oncology, and IVF, as per a report by Bain & Company.
Time of India
10-06-2025
- Health
- Time of India
The countdown to NEET results: Why medical aspirants should always have a parallel plan
As the NEET UG 2025 results draw near, the tension among lakhs of aspiring medical students in India is palpable. After months and often years of relentless preparation, coaching classes, mock tests, and sacrifices, the next few weeks can feel like the most defining moment of their lives. For most, this period between the exam and the results is filled with anticipation. But beneath the surface, there is also anxiety, uncertainty, and the creeping fear of 'what if?' In this high-stakes scenario, having a parallel plan is not just a safety net but a smart, strategic move. A well-thought-out Plan B ensures students are not forced into last-minute decisions or courses they are not passionate about. It safeguards their time, energy, and mental well-being. For ambitious students, global medical pathways now offer structured, high-quality alternatives that are recognised and respected around the world. From the US and UK to Canada and Australia, international medical schools are welcoming Indian students who are determined to pursue a world-class medical career. Why consider Manipal's American University of Antigua (AUA)? Manipal's AUA is one such globally recognised institution offering a US-modeled MD program tailored for NEET-eligible Indian students. By choosing a globally structured pathway like AUA's, students can save both time and money compared to the traditional Indian route. In India, the typical journey includes 5.5 years of MBBS, often a gap year for NEET PG preparation, and 3 more years for an MD, totalling around 9.5 to 10 years. In contrast, Manipal AUA's program takes just 6 years from Class 12 to MD completion, after which students can begin paid US residencies and start their careers much earlier. Financially, private MBBS and MD education in India can exceed ₹2 to ₹2.5 crore, including coaching fees. AUA's pathway offers a comparable investment but delivers greater long-term value, with global exposure, hands-on clinical training, and earlier financial independence through residency stipends. Manipal AUA graduates 2025 Top reasons to choose Manipal AUA ●USMLE-focused curriculum from the first semester, preparing students for U.S. residency ●Clinical rotations in the U.S., Canada, UK, and India through 35-plus teaching hospital affiliations ●Recognized by the U.S. Department of Education, GMC (UK), and CAAM-HP ●Direct entry after Class 12 with no need for a gap year or pre-med in India ●Personalized academic support through small class sizes, mentoring, and tutoring ●State-of-the-art labs including 3D virtual dissectors, plastinated specimens, and SimMan 3G simulation technology ●Simulation-based learning for real-world clinical readiness ●Education Enhancement Department (EED) offering dedicated academic and career support ●Rolling intakes in January, May, and September giving students flexibility in when to begin Start in Manipal, stay closer to home Through the unique 'Start in Manipal' option, students can begin their pre-medical studies at Manipal's renowned campus in India. This allows them to start in a familiar, supportive environment while benefiting from world-class faculty and infrastructure before transitioning to AUA in Antigua for the next phase of their international medical education. Accelerated by the new trimester system With the introduction of its new trimester intake, Manipal's AUA allows students to begin their medical education sooner. This change reduces the overall program duration to 6 years, helping students graduate earlier, begin clinical rotations faster, and in some cases apply for postgraduate residencies up to a year ahead of schedule. This gives them a competitive edge in launching their medical careers. Hear from our faculty Dr. Ravi Rajput, MBBS, MD, MBA (Medical Education), Professor of Physiology & Course Director – Cardiovascular System (CVS) Manipal's American University of Antigua (AUA) College of Medicine ' With over 19 years of teaching experience in medical education, including two years at Manipal's main campus in India and over 14 years across various international medical schools, I can confidently say that Manipal's AUA College of Medicine stands out. As a Professor in the Department of Physiology at AUA, I've been deeply impressed by our state-of-the-art campus, world-class infrastructure, and the immersive learning environment we offer our students. From our advanced clinical simulation center and high-fidelity mannequins to our VR-powered anatomy tools and extensive online library resources, every element here is designed to enhance learning outcomes. What truly sets AUA apart is its integration of clinical exposure early in the program, students engage in hands-on training through our Clinical Skills Lab and gain a head start through programs like Basic and Advanced Life Support. Coupled with our diverse student body, supportive faculty, and global network of affiliated teaching hospitals, AUA provides an ideal platform for students aspiring to pursue successful medical careers in the US and beyond .' Upcoming webinar: Learn more on June 19 at 4:30 PM To help Indian students and parents explore international medical careers, Manipal's AUA is hosting an exclusive webinar on June 19 at 4:30 PM. The session will feature: ●Senior AUA faculty sharing insights on curriculum, clinical training, and global licensure ●Current Indian students discussing their journey at AUA ●Admission counselors explaining eligibility, timelines, and scholarship opportunities This is a must-attend session for any NEET aspirant or parent seeking clarity, options, and direction. Register here to attend it live. Admissions open for August 2025 intake Applications are now open for the August 2025 intake. Early applicants may qualify for exclusive scholarships. The admission process is holistic and considers academic records, recommendation letters, extracurricular achievements, and a personal interview. To know more about how to apply, click here .
NDTV
10-06-2025
- Health
- NDTV
Why Do Indian Students Opt For Medical Education Abroad
With the number of NEET-UG aspirants reaching nearly 23 lakh in 2025 and just around 1.1 lakh MBBS seats available across the country, a growing number of Indian students are turning to medical colleges abroad to fulfil their ambitions. The sharp demand-supply imbalance in India's medical education system is prompting many to seek opportunities in countries across Eastern Europe, Southeast Asia, and the Caribbean. Out of the total seats, approximately 55,000 are in government medical colleges where tuition fees are subsidised. The intense competition for these limited seats forces many high-scoring candidates to either look at costly private colleges or explore options abroad. This trend, experts say, is driven by necessity rather than choice. "Studying abroad can ease the academic pressure typical of the Indian medical entrance system," said a medical education consultant. "International programmes often offer multiple intakes and more flexible admission criteria, considering a student's overall academic profile, language skills, extracurricular achievements, and interview performance," Arunesh Kumar, Country Head - India & South East Asia, Manipal's American University of Antigua (AUA) College of Medicine. Beyond accessibility, global medical universities are also attracting Indian students with modern infrastructure, integrated curricula, and early clinical exposure. Many Caribbean medical schools, for instance, combine foundational education on island campuses with clinical training in hospitals in the United States. Such programmes allow students to interact with peers from diverse nationalities and gain a global perspective essential for today's healthcare systems. Accreditation is another factor shaping the decision. Many international medical universities are listed in the World Directory of Medical Schools (WDOMS) and are recognised by global bodies such as the World Federation for Medical Education (WFME), Educational Commission for Foreign Medical Graduates (ECFMG), and region-specific authorities like the Caribbean Accreditation Authority for Education in Medicine and other Health Professions (CAAM-HP). These recognitions enable graduates to pursue licensure in countries such as the US, UK, and Canada, through standardised exams like USMLE or PLAB. For students seeking specialisation and a global career trajectory, international medical education offers a structured path. "While studying medicine abroad comes with challenges such as cultural adaptation and passing foreign licensing exams, it remains a strategic option," the consultant added. "For those unable to secure domestic seats or those aiming for global careers, it's not a fallback - it's a forward-looking decision."
Time of India
02-06-2025
- Business
- Time of India
KKR commits $600 m credit finance to Manipal group
KKR, a leading global investment firm, and Manipal Education and Medical group announced a $600-million credit financing arranged by KKR Capital Markets to the group. The investment will accelerate the group's expansion and growth by providing flexible, structured capital matched to its long-term strategic needs. Tired of too many ads? go ad free now Gaurav Trehan, co-head of KKR Asia Pacific and head of Asia Private Equity, KKR said, "The Manipal group has built a strong reputation over the decades as one of India's healthcare and education leaders, and we look forward to supporting and contributing to their continued success.' Ranjan Pai, chairman of Manipal Education and Medical Group, said, 'KKR's longstanding India focus and flexible capital approach, as well as alignment with our long-term vision, present a strong fit for us.' The Manipal group has major businesses across the healthcare, education, and health insurance sectors, including Manipal Health Enterprises, one of India's top multispecialty hospitals chains. The investment will be routed from KKR's Asia Pacific Credit strategy and insurance platform. Since 2019, KKR has committed over $8 billion across around 60 credit investments under its Asia Pacific Credit strategy, accounting for a total transaction volume of over $21 billion. Additional details of the transaction were not disclosed.
India Gazette
01-06-2025
- Climate
- India Gazette
Tripura floods: 1,300 families shifted to relief camps amid incessant rainfall
Agartala (Tripura) [India], June 1 (ANI): Around 1,300 families have taken shelter in government-run relief camps across West Tripura district following incessant rainfall over the past two days that has triggered severe flooding in several parts of the region. 'Incessant rainfall over the past two days has led to severe flooding across various parts of West Tripura district. As a result, nearly 1,300 families have been shifted to government shelter homes for safety. The state government is closely monitoring the flood-affected areas,' Tripura Chief Minister Manik Saha said in a Facebook post on Sunday. The Chief Minister added that the district administration has deployed teams from the National Disaster Response Force (NDRF), State Disaster Response Force (SDRF), civil volunteers, and other agencies to assist in rescue and relief operations. 'Several localities in Agartala have also experienced heavy waterlogging, prompting authorities to activate water pumps to drain out the accumulated water. Officials are urging residents in flood-hit areas to follow government advisories and relocate to designated safe zones,' the CM said. Meanwhile, the India Meteorological Department (IMD) has issued an alert for heavy to very heavy rainfall and thunderstorms across Tripura between June 1 and June 5, 2025. The forecast also warns of extremely heavy rainfall in isolated pockets, particularly in Dhalai and West Tripura districts. Thunderstorms accompanied by lightning and gusty winds (40-50 kmph) are also likely in some areas. The IMD has advised residents to take precautions, including avoiding areas prone to waterlogging and landslides, refraining from unnecessary travel, and adhering to traffic and weather advisories. According to officials, arrangements for food, shelter, medical care, and drinking water have been made at nearly 25 to 30 government shelters across the state. 'Food, drinking water, medical assistance, and all necessary amenities are being provided at the shelters,' they said. Tripura CM Manik Saha also visited flood-affected areas in Agartala and relief camps to review the ongoing relief efforts. 'According to eyewitnesses, teams comprising SDRF, NDRF, and Aapda Mitra volunteers are working tirelessly to ensure the safety and well-being of the affected population. Temporary shelters have been set up in schools across the district to accommodate those displaced by the floods,' the Chief Minister said. He added that Agartala Municipal Corporation Mayor Manipal is coordinating closely with the district authorities to expedite relief measures. 'We're doing everything possible to ensure everyone's safety and to provide the necessary aid,' he said during a visit to the affected areas. In addition, the India Meteorological Centre in Agartala has warned of potential impacts such as poor visibility due to intense rainfall, traffic congestion, flash floods, waterlogging, and the possibility of landslides or mudslides. People have been advised to stay away from vulnerable areas and take all necessary precautions. Elsewhere in the Northeast, heavy rainfall on Friday led to severe waterlogging in Guwahati, affecting areas such as Rukminigaon, Beltola Survey, Hatigaon, Geetanagar, Anil Nagar, Lakhimi Nagar, Jatia, Maligaon, and Panjabari. (ANI)
