Ebix

Sebi slaps Rs 6 lakh fine on Ebix for disclosure lapses in DRHP

Sebi slaps Rs 6 lakh fine on Ebix for disclosure lapses in DRHP

24 Dec 2024, 18:43 PM

Sebi found that crucial information, such as regulatory actions and financial plans, was omitted in the draft red herring prospectus.

Ebix-owner Eraaya suspends chairman Robin Raina; initiates investigation

Ebix-owner Eraaya suspends chairman Robin Raina; initiates investigation

27 Sep 2024, 20:01 PM

Eraaya’s Board unanimously voted to investigate alleged financial irregularities and suspended Ebix chairman Robin Raina from all roles, pending inquiry.

Fintech Hightlights

  1. BharatPe secures final RBI nod to operate as payment aggregator

  2. RNFI Services acquires Payworld Digital

  3. Neo Asset closes second private credit fund at Rs 2,000 crore

  4. RBI allows NPCI to revise UPI limit for merchant transactions

  5. InCred Alternatives close maiden PE fund at Rs 575 crore
  6. Read more highlights...

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  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?
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