Manipal Hospitals to buy Sahyadri in 6,000 crore deal
NEW DELHI: Manipal Hospitals announced on Wednesday that it signed definitive agreements to acquire Sahyadri Hospitals from Ontario Teachers' Pension Plan (Ontario Teachers'), a global investor.
The acquisition will bring Ranjan-Pai backed Manipal's total bed count to about 12,000, making it one of India's largest hospital networks, says a company statement. Financial details of the deal were not disclosed, but the deal is believed to be around Rs 6,000 crore.
The acquisition of Pune-based Sahyadri Hospitals will add 11 hospitals to Manipal's network across Pune, Nashik, Ahilya Nagar and Karad, increasing Manipal's total number of hospitals to 49. Through this acquisition, Manipal will expand its presence in western India, in line with its strategy to augment its pan-India footprint and offer more patients access to quality healthcare services.
Ontario Teachers', with net assets of $194 billion as of Dec 31, 2024, acquired a majority stake in Sahyadri in 2022. Since then, the chain has grown through strategic mergers and acquisitions.
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
24 minutes ago
- Hans India
Paytm to Go ‘AI-First', Says Founder Vijay Shekhar Sharma
Paytm founder Vijay Shekhar Sharma has expressed confidence that artificial intelligence (AI) will transform not just businesses, but the very nature of work itself. Speaking at Shiprocket's Shivir: AI Commerce Edition, Sharma emphasized that AI is set to become deeply integrated into daily operations, even taking on leadership roles like Chief Financial Officer (CFO). "We must learn to use AI not just as a tool, but as a co-worker, or even an executive," Sharma said, according to a report by the Economic Times. He believes that while AI will automate many routine human tasks, it will also unlock new career paths in emerging technology fields. Sharma also revealed that Paytm is undergoing a strategic transformation to become an "AI-first" organization, embedding machine intelligence across its core operations. As part of this effort, the company is currently piloting an innovative AI-powered passbook that turns monthly spending data into personalized rap tracks — a unique blend of financial insight and creativity. Though there's no confirmed launch date yet, Sharma noted that the feature is in development and will be available to users soon. Despite the growing role of AI, Sharma clarified that recent workforce reductions at Paytm were driven largely by external regulatory factors. During the March 2024 quarter, Paytm's sales team shrank by around 3,500 employees — a consequence of restrictions imposed by the Reserve Bank of India on Paytm Payments Bank. This brought the company's total headcount down to 36,521. In its continued push into AI, Paytm had earlier partnered with Perplexity, an AI-driven search engine startup, to integrate conversational search capabilities within its app. These moves mark a larger strategy to enrich user experience with intelligent technologies. Across the tech sector, 2025 has already seen over 100,000 job cuts worldwide. Companies like Meta, Google, and Intel are reducing their workforce as they restructure around AI-led operations and grapple with economic challenges such as inflation, rising interest rates, and tighter corporate budgets. Yet, this isn't simply about cost-cutting. Businesses are fundamentally reorganizing their teams — phasing out traditional roles while hiring specialists in AI, machine learning, and data science. AI is now central to business innovation, redefining how companies operate and scale in an evolving digital ecosystem. As Sharma puts it, embracing AI is no longer optional — it's the next step for companies looking to stay competitive and forward-thinking.
India Today
30 minutes ago
- India Today
Weed and longevity don't mix: Bryan Johnson's anti-cannabis take explained
Weed doesn't vibe with longevity. Representative image created by AI. Weed is quietly damaging your brain, your body, and even your future Study shows that smoking weed leads to a 40% drop in blood flow According to Bryan Johnson, "If your goal is to live longer, cannabis works against that." Weed doesn't "vibe with longevity". Cannabis is having its moment in pop culture, romanticised in the movies, glorified in music, and casually used in social circles. However, beneath all the haze of hype lies a harsh truth: weed may be quietly damaging your brain, your body, and even your future. A few people are sounding that alarm louder than Bryan Johnson, the 47-year-old tech millionaire who has already spent millions trying to reverse his ageing process. Johnson, who is now the subject of a new Netflix documentary titled 'Don't Die: The Man Who Wants to Live Forever', is known for living a meticulously optimised life. For him, every single heartbeat, every calorie, and even his hormones are tracked. The one thing he refuses to touch? You got it right, it's cannabis. WEED ISN'T WELLNESS While social media may try their best to portray weed as a harmless escape or a wellness tool (some harp about its medicinal properties too), new research says quite the opposite. Johnson recently referred to a new study that examined how cannabis affects blood flow and the results are startling to say the least. The study, based on a marker called flow-mediated dilation (FMD) which measures how well blood vessels expand, found that smoking weed leads to a 40% drop in blood flow, while edibles (brownies or chocolates laced with it) caused a 50% drop. These numbers are on par with the vascular harm caused by tobacco use. In Johnson's words, 'I'm not morally against weed. But if your goal is to live longer and better, cannabis works against that. It harms your heart and shortens your life.' THE INDIA BIG PICTURE In India, where cannabis is still illegal under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, the danger runs even deeper. The use of weed is spreading quickly amongst urban youth. Whether they are on college campuses, at house parties, or even among influencers promoting it as 'organic' or 'spiritual.' But experts are raising red flags. 'The very idea that it is a safe or gives a high that is organic is just misplaced,' says Dr. Dheeraj Lakhania, a Mumbai-based addiction psychiatrist. 'We have been seeing teenagers who start with casual use and that quickly spirals into dependency. This is a real public health issue, especially when they're unaware of the long-term harm.' And the harm isn't just psychological. Much of the weed circulating in India is mixed with dangerous adulterants (like boot polish and sedatives) that can easily trigger psychosis, organ damage, or result in fatal overdoses. And the harm isn't just psychological. Much of the weed circulating in India is mixed with dangerous adulterants (like boot polish and sedatives) that can easily trigger psychosis, organ damage, or result in fatal overdoses. IT ISN'T EXTREME, IT'S SMART Johnson's approach might seem intense: 3 p.m. dinners, zero sugar, bio-data-driven sleep and so goes the list. But his anti-cannabis stance comes from a place of deep logic. In his longevity model, anything that harms cognitive function, sleep quality, or cardiovascular health gets eliminated naturally. 'The data is simply very clear. Cannabis impairs your brain, disrupts rhythms, and it compromises your blood vessels too,' says Dr. Sreeja Pandit, a Delhi-based neurologist. 'This isn't about moral judgment. It's about protecting your future.' It may feel harmless in your twenties but the damage compounds over time, believe experts. Poor sleep, altered hormone levels, reduced motivation, memory loss â€' these are not only signs of ageing but these signal long-term exposure to substances your body doesn't need. Johnson's advice for the youth shouldn't be seen as a lecture but as a warning. Weed isn't a symbol of rebellion, neither is it a sign of freedom. 'There's a clear connection between regular cannabis use and lowered academic and professional performance,' says Dr. Rahul Jain, a Bengaluru-based internal medicine specialist. 'The younger the brain, the higher the risk.' That's why this message cuts through the noise. Johnson's life may be extreme, but his logic is simple: don't poison the very system that you're trying to perfect. Weed doesn't "vibe with longevity". Cannabis is having its moment in pop culture, romanticised in the movies, glorified in music, and casually used in social circles. However, beneath all the haze of hype lies a harsh truth: weed may be quietly damaging your brain, your body, and even your future. A few people are sounding that alarm louder than Bryan Johnson, the 47-year-old tech millionaire who has already spent millions trying to reverse his ageing process. Johnson, who is now the subject of a new Netflix documentary titled 'Don't Die: The Man Who Wants to Live Forever', is known for living a meticulously optimised life. For him, every single heartbeat, every calorie, and even his hormones are tracked. The one thing he refuses to touch? You got it right, it's cannabis. WEED ISN'T WELLNESS While social media may try their best to portray weed as a harmless escape or a wellness tool (some harp about its medicinal properties too), new research says quite the opposite. Johnson recently referred to a new study that examined how cannabis affects blood flow and the results are startling to say the least. The study, based on a marker called flow-mediated dilation (FMD) which measures how well blood vessels expand, found that smoking weed leads to a 40% drop in blood flow, while edibles (brownies or chocolates laced with it) caused a 50% drop. These numbers are on par with the vascular harm caused by tobacco use. In Johnson's words, 'I'm not morally against weed. But if your goal is to live longer and better, cannabis works against that. It harms your heart and shortens your life.' THE INDIA BIG PICTURE In India, where cannabis is still illegal under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, the danger runs even deeper. The use of weed is spreading quickly amongst urban youth. Whether they are on college campuses, at house parties, or even among influencers promoting it as 'organic' or 'spiritual.' But experts are raising red flags. 'The very idea that it is a safe or gives a high that is organic is just misplaced,' says Dr. Dheeraj Lakhania, a Mumbai-based addiction psychiatrist. 'We have been seeing teenagers who start with casual use and that quickly spirals into dependency. This is a real public health issue, especially when they're unaware of the long-term harm.' And the harm isn't just psychological. Much of the weed circulating in India is mixed with dangerous adulterants (like boot polish and sedatives) that can easily trigger psychosis, organ damage, or result in fatal overdoses. And the harm isn't just psychological. Much of the weed circulating in India is mixed with dangerous adulterants (like boot polish and sedatives) that can easily trigger psychosis, organ damage, or result in fatal overdoses. IT ISN'T EXTREME, IT'S SMART Johnson's approach might seem intense: 3 p.m. dinners, zero sugar, bio-data-driven sleep and so goes the list. But his anti-cannabis stance comes from a place of deep logic. In his longevity model, anything that harms cognitive function, sleep quality, or cardiovascular health gets eliminated naturally. 'The data is simply very clear. Cannabis impairs your brain, disrupts rhythms, and it compromises your blood vessels too,' says Dr. Sreeja Pandit, a Delhi-based neurologist. 'This isn't about moral judgment. It's about protecting your future.' It may feel harmless in your twenties but the damage compounds over time, believe experts. Poor sleep, altered hormone levels, reduced motivation, memory loss â€' these are not only signs of ageing but these signal long-term exposure to substances your body doesn't need. Johnson's advice for the youth shouldn't be seen as a lecture but as a warning. Weed isn't a symbol of rebellion, neither is it a sign of freedom. 'There's a clear connection between regular cannabis use and lowered academic and professional performance,' says Dr. Rahul Jain, a Bengaluru-based internal medicine specialist. 'The younger the brain, the higher the risk.' That's why this message cuts through the noise. Johnson's life may be extreme, but his logic is simple: don't poison the very system that you're trying to perfect. Join our WhatsApp Channel
Time of India
44 minutes ago
- Time of India
From ancient pearls to rare Quran: Zayed Museum to open in Abu Dhabi this December
The falcon-wing towers of Abu Dhabi's Zayed National Museum symbolize heritage and innovation/ Image: TL;DR Zayed National Museum will open in December 2025 on Saadiyat Island , Abu Dhabi . The museum honors the legacy of Sheikh Zayed and traces the UAE's deep-rooted history. Designed by Foster + Partners, it blends modern efficiency with traditional Emirati elements. Abu Dhabi is getting ready for a big moment. In December 2025, the long-awaited Zayed National Museum will open its doors on Saadiyat Island. This isn't just another museum, it's a core part of the city's broader plan to draw 39 million visitors a year by 2030. Alongside other cultural institutions like the Louvre Abu Dhabi and the upcoming Guggenheim, the Zayed National Museum helps position Saadiyat as a serious destination for global culture. But this museum also does something else. It looks inward. It reflects the story of the United Arab Emirates through the life of its founding president, Sheikh Zayed bin Sultan Al Nahyan. With collections that go back thousands of years and architecture designed for the future, it aims to connect past, present, and future under one roof. What the Museum Is About The museum is named after Sheikh Zayed (1918–2004), the first president of the UAE and a figure who shaped the nation's identity. His story is central to the museum's concept. But it doesn't stop there. The galleries also trace the region's longer history, from early settlements to the formation of the modern state in 1971. The museum's director, Peter Magee, has said the space is meant to reflect Sheikh Zayed's values and the UAE's wider history. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like You Can Make Massive Side Income By Learning Order Flow Analysis TradeWise Learn More Undo It's both a tribute and a mirror. It looks at leadership, heritage, and how the country evolved. The Architecture: Built for This Place The building stands out. Five large steel structures rise from a man-made mound, shaped to echo falcon wings, an important symbol in Emirati culture. These towers are not just decorative. They function as thermal chimneys, helping cool the space naturally in Abu Dhabi's heat. The design is by UK-based Foster + Partners. They've worked to combine traditional Arabic elements with sustainable building practices. Inside, the galleries are embedded within the landscape, blending into the topography of the Emirates. It's a mix of old and new, form and function in balance. What You'll See Inside The museum will have six permanent galleries across two levels. These will feature artefacts from the Paleolithic to the Iron Age, as well as more recent periods. Some highlights include: The Abu Dhabi Pearl : An 8,000-year-old natural pearl found on Marawah Island. The Blue Qur'an : A rare manuscript from around 800–900 AD. A full-size Magan Boat : A reconstructed ancient vessel placed at the museum's entrance. Al Masar Garden : A space focused on the relationship between humans and the natural environment of the UAE. Each object plays a role in telling the country's larger story, from its early trade networks to the spiritual and ecological roots of its people. FAQs Q1. Where is the Zayed National Museum located? It's on Saadiyat Island, Abu Dhabi, in a district that also includes the Louvre and the future Guggenheim. Q2. When will it open to the public? The museum is scheduled to open in December 2025. Q3. What makes it different from other museums in the region? It focuses specifically on the UAE's national story and the life of Sheikh Zayed, combining historical artefacts with local values and sustainable design.
