Reliance acquiring Reverie is a big win for India; L&T’s hostile takeover bid for Mindtree not good for shareholders

Reverie, a local language technologies developer, got acquired for Rs 190 Cr. For Co-founder and CEO Arvind Pani, the greater ?personal? satisfaction was from the fact that this was a ?very Indian? deal.

Update: 2019-04-10 19:00 GMT
  • For Co-founder and CEO Arvind Pani, the greater 'personal' satisfaction was from the fact that this was a 'very Indian' deal – a deal involving an Indian company, catering to the Indian market, being acquired by another Indian company, solving Indian problems.
  • In a conversation with YourStory's Shradha Sharma, Arvind spills the beans on the inside story about the Reverie journey and its recent acquisition by Reliance.
  • How is Google Pay operating without authorisation: Delhi HC asks RBIAddressing a PIL by Abhijit Mishra, a bench of Chief Justice Rajendra Menon and Justice A J Bhambhani posed the query to the RBI.
  • This PIL claimed that Google Pay is operating as a payments system provider in violation of the Payments and Settlements Act.

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