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Latest Articles in Ebix
Ebix Likely To File Counter Suit Against Yatraon Grounds of Multiple Breaches
After the expiration of the Outside Date and the failure of the two parties to agree on the terms of an amended Merger Agreement by the Outside Date, Yatra terminated the Merger Agreement on June 5, 2020 and filed suit against Ebix in the Delaware Court of Chancery for breach of contract.
Read MoreIndian Travel Firm Yatra Scraps Merger Deal With US-Based Ebix
Indian travel services company Yatra said it is seeking damages against Ebix for breaching terms of their merger agreement, including clauses on representations and covenants
Read MoreI Want To Be A Small Contributor In The Growth Of India: Robin Raina
Ebix Inc., recently signed an agreement with MoneyGram International to become its exclusive partner in Inda.
Read MoreBSE-Ebix Get IRDAI Approval To Sell Life And Non-Life Insurance Products
The venture, branded as BSE-Ebix Broking Insurance Broking Pvt Ltd, will enable distribution outlets, wealth management advisors, point of sales (POSs) to sell life and non-life insurance products.
Read MoreUS Based Ebix Eyeing Debt-hit IT Firm Trimax
Financial terms of the bid couldn't be determined. However, one among the individuals aforementioned the negotiations were turning around the upfront payment that Ebix had offered to the lenders.
Read MoreEbix: No Flights Of Fancy
Ebix has gone from strength to strength in the last two decades under CEO Robin Raina’s charge. With the latest Yatra acquisition, the group hopes to be a leader in the travel domain as well
Read MoreThe Real Test Begins
For this issue’s cover story, we have something special lined up for you. As you may have read, India’s leading online travel company Yatra has recently been acquired by Ebix. The US-headquartered Ebix has a fascinating story, and so has its flamboyant CEO, Robin Raina.
Read MoreEbix Signs Agreement To Acquire Yatra Online
In connection with the merger, each ordinary share of Yatra will be entitled to receive 0.005 shares of a new class of preferred stock of Ebix
Read MoreCentrum Group To Sell Money Exchange Business To US-Based Ebix
The entire Centrum Direct team and assets will be transferred to Ebix and will become a part of the Atlanta-based company's financial exchange business EbixCash, Centrum Capital said in a statement
Read MoreYou Could See Ebix Buying Strategic Consulting Companies In India, Says Robin Raina
In an interview with Robin Raina, Chairman & CEO, Ebix Inc., talks about building an airport like enterprise exchange for India consolidating insurance, healthcare, remittances, travel and host of other businesses
Read MoreEBix Acquires Online Travel Portal Via.com For $75 million
Ebix expects the business to generate around $33 million in GAAP revenues in 2018 with nearly 30 per cent operating margins
Read MoreItzCash Gets Ebix To Picks Up 80% For Rs 800 Cr
The deal values the company at Rs 1,000 crore and is the biggest investment in a plastic player
Read More