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IPOs Soar on Bullish Market

The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy. Illustration: Dominic Xavier/Rediff.com   The current......

Weizmann to move court against Western Union on trademark, logo issue

Mumbai-based Weizmann, part of a diversified group, will take to court its former partner Western Union Holdings, the American money-transfer giant, alleging that the United States-based company......

Yatra ends merger pact, sues Ebix in US for breach of terms

Ebix had signed the agreement last year to acquire Gurugram-based Yatra Online for an enterprise value of $338 million (about Rs 2,327 crore) in an all-stock deal.  The deal was supposed to......

Bank mergers and death of forex brokerages

Business is down to such an extent that last year these firms could not even meet RBI’s capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this......

US firm to buy Yatra Online for Rs 2,327 crore

Ebix said the acquisition of Yatra would lend itself to significant synergies and the emergence of EbixCash as India’s largest and most profitable travel services firm. Illustration: Dominic......

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