Manipal Health repays ₹5,310 crore debt with IPO proceeds

The Hindu Business Line - Sep 18, 2026

The redemption was conducted using part of the IPO proceeds, as outlined in the July 31, 2026 Prospectus

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Bay Street Hospitality VCC to invest around ₹100 crore in Bharathi Meraki
Sep 18, 2026
Bay Street Hospitality VCC to invest around ₹100 crore in Bharathi Meraki

The funds will be used for various projects that’s being undertaken by the company

Keralam mulls floating solar projects to meet power demands: Minister Sunny Joseph
Sep 18, 2026
Keralam mulls floating solar projects to meet power demands: Minister Sunny Joseph

The power crisis can be addressed with innovative projects that are feasible given the State’s unique geographical and climatic conditions, Sunny Joseph said

Andhra Pradesh SIPB clears investment proposals worth ₹22,177 crore
Sep 18, 2026
Andhra Pradesh SIPB clears investment proposals worth ₹22,177 crore

The proposed investments will have a potential to create 19,739 jobs across sectors including energy, IT and communications, food processing, manufacturing and tourism

From GIFT City to Europe: India INX GA to launch tax-efficient UCITS for Indian investors
Sep 18, 2026
From GIFT City to Europe: India INX GA to launch tax-efficient UCITS for Indian investors

The initiative will enable retail clients to trade products listed on major European bourses, including the London Stock Exchange (LSE), Euronext, and Deutsche Börse Xetra, expanding beyond the platform’s current US stock offerings

Broker’s call: Premier Energies (Buy)
Sep 18, 2026
Broker’s call: Premier Energies (Buy)

The $1.2 billion FY26-28 capex program is under execution, with about 45% already spent. Peak debt could reach ₹5,000 crore, although management expects net debt/EBITDA to remain at 1.1-1.2x

Broker’s call: WeWork (Buy)
Sep 18, 2026
Broker’s call: WeWork (Buy)

Although the WeWork-branded seats are the core of the business, the company has made strong inroads into the managed vertical, which now accounts for over 20% of the topline

Elevate Campuses fixes IPO price band at ₹343-362 a share
Sep 18, 2026
Elevate Campuses fixes IPO price band at ₹343-362 a share

The issue will open for subscription on September 23

Copra prices may rule at ₹145-150/kg in October on higher demand, says TNAU
Sep 18, 2026
Copra prices may rule at ₹145-150/kg in October on higher demand, says TNAU

Based on the analysis and feedback from traders, copra demand firms up during the festival season

Could China’s sixth-generation fighter carry a laser to defend against incoming missiles?
Sep 18, 2026
Could China’s sixth-generation fighter carry a laser to defend against incoming missiles?

China may be aiming to equip its sixth-generation fighter jets with laser weapons that experts say could help defend them against incoming missiles. At the 14th China International Defence Electronics Exhibition, held in Beijing from September 15 to 17, the Aviation Industry Corporation of China (AVIC) Beijing Precision Engineering Institute for Aircraft Industry presented details of a “fighter aircraft laser-weapon tracking and aiming system”. According to social media posts, the booth display...

India asks bulk users to source imported sugar if they want to keep more than 15 days stocks
Sep 18, 2026
India asks bulk users to source imported sugar if they want to keep more than 15 days stocks

Traders, wholesalers urged to pass on benefit of lower ex-mill prices to consumers

US hands over 64 smuggled artefacts to China in diplomatic push before summit
Sep 18, 2026
US hands over 64 smuggled artefacts to China in diplomatic push before summit

The United States has returned dozens of cultural relics to China ahead of Chinese President Xi Jinping’s coming visit to Washington, a goodwill gesture to help pave the way for a positive summit. At the handover ceremony at the Chinese embassy in Washington on Wednesday, China officials received 58 cultural relics and palaeontological fossils from the cultural property, art and antiquities programme of US Homeland Security Investigations. A further six items were returned a day later by the...

Veegaland Developers settles 4.5% above IPO price on NSE at lower circuit
Sep 18, 2026
Veegaland Developers settles 4.5% above IPO price on NSE at lower circuit

Despite a strong initial listing, Veegaland Developers faces immediate selling pressure, with analysts advising caution amid concerns over valuation and the need for sustained growth to justify the premium.

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