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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.

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Fintech Highlights

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  2. Groww raises Rs 2,984.5 crore from anchor investors

  3. IPO-bound Moneyview suffers Rs 49 crore loss in cyberattack

  4. Swedfund extends $20 million loan to microlender CreditAccess Grameen

  5. Snapmint raises $125 million in Series B funding led by General Atlantic

  6. Read more news...

AI/Emerging Tech

  1. Japanese trade body raises copyright concerns with OpenAI

  2. Lambda strikes multibillion-dollar deal with Microsoft

  3. OpenAI signs $38 billion-deal with Amazon Web Services

  4. Perplexity inks global multi-year licensing agreement with Getty Images

  5. Google to offer free Gemini AI Pro access to Jio's 5G subscribers

  6. Read more news...

Money & Machines

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  2. The Economics of Gandhi

  3. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  4. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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