Manipal Hospitals has filed its draft prospectus with the Securities and Exchange Board of India, announcing plans to raise $1 billion in a public offering scheduled for July. The company, backed by Temasek, aims to strengthen its capital base and fund expansion. The move signals confidence in India's healthcare sector and attracts investor interest.

Manipal Hospitals has filed its draft prospectus with the Securities and Exchange Board of India, announcing plans to raise $1 billion in a public offering scheduled for July. The company, backed by Temasek, aims to strengthen its capital base and fund expansion. The move signals confidence in India's healthcare sector and attracts investor interest.