Ranjan pai biography of jose

This year, Pai is ranked 2,076 on the annual Forbes World’s Billionaire’s List, up 187 positions, with a net worth of $1.4 billion.

Ranjan pai biography of jose

Pai is chairman of Manipal Education and Medical Group (MEMG), commonly known as the Manipal Group, with six colleges and 27 hospitals in the country. Pai’s Manipal University has overseas campuses in Malaysia, Antigua, Dubai and Nepal.

A trained doctor himself, Pai’s acquisition of three hospital chains comes at a time when no other hospital group has followed a similar trajectory in the past few years. And much of that may have to do with two failed transactions over the past few years, when the group was looking to strengthen its business in northern India.

Back in 2018, Pai and his team had revised their offer three times to acquire New Delhi-based Fortis Hospitals and its subsidiary, SRL Diagnostics, for ₹3,300 crore.

 Eventually, Malaysia-based I