Robin Raina

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, 23:13 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, 23:31 PM

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

Fintech Highlights

  1. BharatPe reports adjusted profit before tax of Rs 6 crore in FY25

  2. Infibeam transferring e-commerce biz to subsidiary Rediff

  3. Pine Labs appoints Avendus Capital's Sameer Kamath as CFO

  4. AU Small Finance Bank gets RBI's in-principle nod for universal bank licence

  5. Rainmatter invests in former Zerodha advisor floated company
  6. Read more news...

AI/Emerging Tech

  1. xAI legal lead Robert Keele steps down

  2. OpenAI launches 'smart', less hallucinating GPT-5

  3. Google launches personal learning companion tool in Gemini

  4. Ex-Tesla executives launch AI startup DensityAI

  5. Amazon hosts OpenAI models on AWS for first time
  6. Read more news...

Editor's Pick

  1. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  2. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained