When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
EBIX - Proposed EbixCash IPO taps SBI Capital as a lead manager
Ebix Inc.
Ebix (EBIX) announces that its EbixCash Indian subsidiary has signed an engagement letter with SBI Capital Markets to be one of the four lead managers for the proposed IPO.SBI is a wholly-owned subsidiary of the State Bank of India.EBIX shares are up 6.2% to $29.34.Yesterday, Ebix shares dropped in after hours trading after the company disclosed receiving a Nasdaq notice for non-compliance.