Ebix

Both the company and its promoter entity were jointly fined Rs 6 lakh by the market regulator on Thursday.

Eraaya Lifespaces, whose shares surged over 6,000% in last 1 year, replaces CEO for being 'absent without any explanation'

'Previous CFO Meenakshi Sharma is absenting from her duties for last 4-5 weeks without any proper explanation and is currently not accessible,' says Eraaya Lifespaces

Robin Raina-led Ebix files for bankruptcy: Reports

Ebix runs a financial transactions and remittances company Ebixcash in India and it is not clear how the events will impact the operations in the country.

EbixCash to pilot UPI for foreign nationals at G20 Summit in Bengaluru

The fintech firm will be letting foreign delegates convert their currency to Indian digital currency using UPI’s interface.

Ebix-Yatra deal | Delaware top court rules in favour of Ebix

Delaware top court upheld the ruling of a lower court which said Yatra had forfeited its right to sue Ebix for damages after voluntarily terminating the merger deal.

US court dismiss Yatra Online's claims for damages from Ebix for breach of merger contract

The Court of Chancery in its latest order said that Yatra's claims of damages from Ebix were not substantially justified.

Have adequate liquidity to weather condition, says Yatra CEO after failed Ebix merger

“Our liquidity combined with our current fixed cost base of $1.2 million gives us enough of a cushion for the near term,” he told Moneycontrol, brushing aside concerns about the financial health of the firm post the failed deal with Ebix.

Ebix plans countersuit against Yatra as merger fight intensifies

The Ebix response followed Yatra Online’s announcement on June 6 that it had terminated a pending merger agreement with Ebix and opted for litigation seeking ‘substantial damages’ over alleged breach of deal terms

Yatra calls off merger with Ebix, launches litigation

Ebix had on July 17 last year announced that it has entered into a definitive agreement under which Ebix will acquire Yatra Online through a merger deal.

Ebix acquires Cox and Kings' business travel division, transfers agreements to Mercury Travel

Some key core employees of Cox and Kings will also be transferred to the EbixCash payroll as part of the agreement.

We were eyeing Yatra for quite some time: Robin Raina

"We also want to enter the visa market and provide visa services, like VSF does," he told Moneycontrol.

Ebix signs agreement to acquire Yatra

"We are excited by the cross-selling opportunities that this combination provides us," said Robin Raina, Ebix chief.

Ebix set to snap up Yatra for Rs 2,314 crore

In March, Yatra had said that it was reviewing Ebix's proposal to acquire all outstanding shares of the company.

Meet Robin Raina: Ebix boss who dons many a hat

The Ebix chairman and CEO has caused a stir by announcing a proposal to acquire Nasdaq-listed Yatra.com for $336 million. The 51-year-old business tycoon is also a philanthropist, socialite and fitness enthusiast.

Ebix offers to acquire Yatra for $336 mn

The company will pay for Yatra Online at its discretion either in cash or by issuing freely tradeable Ebix stock, the statement said.

Nasdaq-listed Ebix acquires remittance company Weizmann Forex

Weizmann Forex is the second largest inward remittance provider besides being one of the four largest Foreign exchange & outward remittance providers in India.

Nasdaq-listed Ebix to acquire remittance company Weizmann Forex: Sources

India tops the list of nations in terms of remittances received. In 2017, the country received more than $60 billion in remittances

Ebix to acquire Transcrop's money transfer biz for $7.4 mn

This will be the Noida-headquartered company's fourth remittances-related acquisition in the last five months and will increase its share in the inward international remittance market to up to 80 per cent, it said in a statement.

BSE, Ebix sign pact to set up insurance distribution network

Ebix is a leading international supplier of on-demand software and e-commerce services to the insurance, financial, e-governance and healthcare industries.

Video: Why Naveen Surya sold ItzCash for Rs 800 cr to Ebix

The deal was one of the largest transactions in financial technologies and payments space in India, this year.

Why this Jodhpur-born entrepreneur sold ItzCash for Rs 800 cr last month

The company began planning for a long term partner when early ItzCash investors such as Intel Capital, Lightspeed and Matrix Partners India began looking for an exit.

Ebix buys 80% stake in Mumbai-based ItzCash for Rs 800 crore

The deal is likely to give an exit to ItzCash's existing investors which include Lightspeed and Matrix Partners India