EbIX

EbixCash Wins Prestigious Long-term Contract from South Bengal State Transport Corporation

Retrieved on: 
Thursday, August 25, 2022

EbixCash will implement the end-to-end on-demand bus automation system across a minimum of 650 buses in the state.

Key Points: 
  • EbixCash will implement the end-to-end on-demand bus automation system across a minimum of 650 buses in the state.
  • EbixCashs Intelligent Transport Management System (ITMS) serves to automate all aspects of fare ticketing and collection including Electronic Ticketing Machines & the software.
  • Robin Raina, Chairman of the Board, EbixCash, said, In January 2022, we had announced two 7 year contracts with the Calcutta State Transport Corporation (CSTC) and West Bengal Transport Corporation (WBSTC) for a minimum of 1,500 buses in the state.
  • This new contract for 7 years with South Bengal State Transport Corporation (SBSTC) strengthens our presence further in the Eastern part of the country.

Ebix Signs Aspida to Join its Annuity Exchange Platform

Retrieved on: 
Friday, August 19, 2022

We are pleased that Aspida has chosen to partner with Ebix, said Ash Sawhney, President, Insurance Solutions North America at Ebix.

Key Points: 
  • We are pleased that Aspida has chosen to partner with Ebix, said Ash Sawhney, President, Insurance Solutions North America at Ebix.
  • In North America, Ebix now has over fifty-five carriers and over 100 distributors on its Annuity Exchange the highest number Ebix has seen since its inception in 1997.
  • Aspida, through its U.S. platform Aspida Life Insurance Company is focused on leveraging technology and agility to help clients achieve and protect their dreams.
  • Its Bermuda-based reinsurance platform, Aspida Life Re, is focused on providing efficient and secure life and annuity reinsurance solutions.

Ebix Declares 7.5 Cent Quarterly Dividend, Payable September 15, 2022 to Shareholders of Record as of September 1, 2022

Retrieved on: 
Friday, August 19, 2022

The dividend is payable September 15, 2022 to shareholders of record at the close of business on September 1, 2022.

Key Points: 
  • The dividend is payable September 15, 2022 to shareholders of record at the close of business on September 1, 2022.
  • With approximately 200 offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide on-demand software and e-commerce services to the insurance, financial services, travel, healthcare and e-learning industries.
  • EbixCash has Forex operations in approximately 16 international airports, including Delhi, Mumbai, Mumbai, Hyderabad, Chennai and Kolkata.
  • EbixCash's business process outsourcing services provide information technology and call center services to a variety of industries.

Ebix Hosts Q2 Investor Call Tuesday, August 9, 2022 at 11:00 a.m. ET

Retrieved on: 
Wednesday, August 3, 2022

To access the conference call via landline or mobile phone, please pre-register at least 30 minutes in advance of the call using this link,

Key Points: 
  • To access the conference call via landline or mobile phone, please pre-register at least 30 minutes in advance of the call using this link,
    Registrants will receive confirmation with dial-in details.
  • With approximately 200 offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide on-demand software and e-commerce services to the insurance, financial services, travel, healthcare and e-learning industries.
  • EbixCash has Forex operations in approximately 16 international airports, including Delhi, Mumbai, Mumbai, Hyderabad, Chennai and Kolkata.
  • EbixCash's business process outsourcing services provide information technology and call center services to a variety of industries.

EbixCash and J&K Bank Sign Agreement to Facilitate Money Transfer Services Across the Bank’s 1,000 Branches

Retrieved on: 
Thursday, July 21, 2022

EbixCash - a subsidiary of Ebix, Inc. (NASDAQ: EBIX) is a leader in the international remittance business in India, based on gross transactional value.

Key Points: 
  • EbixCash - a subsidiary of Ebix, Inc. (NASDAQ: EBIX) is a leader in the international remittance business in India, based on gross transactional value.
  • J&K Bank is the largest Bank operational in the Kashmir, Jammu and Ladakh regions with 851 branches located in Jammu, Kashmir and Ladakh regions.
  • The agreement between J&K Bank and EbixCash was signed yesterday at a formal function in Srinagar, Kashmir to mark the occasion.
  • Guruprasad, Director - EbixCash and Dr. Emil Ruban, Ria Financials Managing Director & Country Manager India, were present at the ceremony.

Bragar Eagel & Squire, P.C. Is Investigating Novartis, Ebix, Intuit, and Argo and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, July 21, 2022

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • On this news, Novartis stock fell $2.06, or 2.3%, to close at $86.21 on May 5, 2022, thereby injuring investors.
  • On this news, Novartis stock fell sharply during intraday trading on May 31, 2022, thereby injuring investors further.
  • For more information on the Argo Group investigation go to: https://bespc.com/cases/ARGO
    About Bragar Eagel & Squire, P.C.

Bragar Eagel & Squire, P.C. Is Investigating Ebix, 17 E&T, Intuit, and Argo Group and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, July 16, 2022

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • On June 16, 2022, Hindenburg issued a short report on Ebix titled, Ebix: This House of 'Cards' Seems To Have a Glaring Fake Revenue Problem.
  • The auditor was unable to obtain evidence to allow it to evaluate the business purposes behind the transactions.
  • For more information on the Argo Group investigation go to: https://bespc.com/cases/ARGO
    About Bragar Eagel & Squire, P.C.

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Ebix, Inc. with Losses of $100,000 to Contact the Firm

Retrieved on: 
Friday, July 15, 2022

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Key Points: 
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Ebix, Inc. with Losses of $100,000 to Contact the Firm

Retrieved on: 
Friday, July 15, 2022

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Key Points: 
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

EbixCash’s Payments Solution Division Receives Two Awards from the World’s Second Largest Consumer Remittance Company - Ria

Retrieved on: 
Monday, July 11, 2022

Ria is the second largest consumer remittance company in the world today.

Key Points: 
  • Ria is the second largest consumer remittance company in the world today.
  • Dr. Emil Ruban, Ria Financials Managing Director & Country Manager India, presented the awards to EbixCash Chairman Robin Raina at the EbixCash headquarters in Noida, India.
  • The awards acknowledged:
    "Outstanding Growth in 2021" reflecting growth in EbixCash's remittance business to approximately 75% of Ria's money transfer business in India in 2021.
  • Ria is the second largest consumer remittance company in the world, offering real-time international money transfers with a special focus on emerging markets.