Eraaya Lifespaces shares hit 5% upper circuit after suspension of Ebix Chairman & CEO post-acquisitionShares of Eraaya Lifesciences surged 5% to reach a new all-time high of ₹2,767.40 on the BSE on Tuesday following the company's announcemen...
New owners of Ebix suspend chairman Robin Raina; kick off investigation into financial irregularitiesEraaya Lifespaces, which acquired Ebix for $151 million through a successful bidding process in August this year, also asked Raina and some...
US parent of EbixCash files for bankruptcy after $617-million loan defaultThe Chapter 11 filing comes after the software services company for insurance and healthcare sector, founded by Indian origin businessman R...
Not growth for the sake of growth, we want profitable growth: EbixCash CEO“If I had to choose between profitability and growth, I would choose profitability. One does not make money just by imagining you are going...
EbixCash appoints S Ravi as independent director ahead of an India IPOCurrently chairman and director of Tourism Finance Corporation of India, S Ravi also serves on the boards of Aditya Birla Health Insurance ...
EbixCash acquires AssureEdge amid growing demand for insuranceThe company will be rebranded as EbixCash Global BPO services.
Ebix to sponsor upcoming New Zealand-India cricket seriesIndia will play five T20 Internationals, three One Day Internationals and two Test matches with Kane Williamson-led Kiwis between January 2...
Ebix offers to buy Yatra for $336 millionThe offer by US firm is at 84% premium to travel portal’s closing share price of $3.80 on March 8
Ebix was eyeing Yatra for 2 Years: CEOEbix’s offer to acquire Yatra for $336 million in a cash-and-stock deal is the latest acquisition bid by the US firm, which has been on a b...
Ebix Inc boss loves sitcoms; 'Seinfield', 'The Office' among favouritesRobin Raina says that 'Lion' is one of the best films he has seen.
Unless people pay taxes regularly, they would remain averse to digitisation of payments: Ebix chief Robin RainaIndia is emerging as a major global player hence a lot of money is coming into the country as well, said Robin Raina.
EbixCash open to acquiring players in elearning and benefit administrationTraining of doctors to update them with the latest developments in the medical world is where Ebix senses an opportunity.
Ebix Inc buys 50% in Vara United at about Rs 306 croreEbix said it expects the transaction to add to its earnings immediately, and has funded the deal using its cash reserves.
Millionaire NRI Robin Raina plans to build 6,000 homes for the homeless in IndiaRaina, who runs a highly successful billion dollar American software company and recently won a multi-million dollar deal with London Stock...
MS Dhoni to skip Test opener against Australia; KL Rahul, Karn Sharma make cutBatsman KL Rahul & leg-spinner Karn Sharma were named in India's 19-member Test squad for the tour of Australia, where Dhoni will skip the ...
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Indian skipper Mahendra Singh Dhoni won the toss and elected to bowl in the final of the Asia Cup against Sri Lanka at the National Stadium...