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Industry Keyword: india

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How Amazon’s battle with Reliance for India retail supremacy became a legal jungle

For more than a year, Amazon.com and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets to the US firm's rival Reliance Industries...

Antitrust: India orders Apple probe over alleged abuse of app market

India's competition watchdog on Friday ordered an investigation into Apple Inc's business practices in the country, saying it was of the initial view that the iPhone maker had violated certain antitrust laws. The order from...

Russian cenbank official: We see no room for cryptocurrencies

Bank of Russia Deputy Governor Vladimir Chistyukhin has hinted that privately run cryptocurrencies may soon no longer be used in the country's financial markets, TASS news agency reported. The central bank is working on a...

Apple seeks dismissal of India apps market antitrust case, cites tiny market share

Apple has asked India's antitrust watchdog to throw out a case alleging abuse of market power in the apps market, saying it is too small a player in the South Asian country where Google...

Indian PM Modi’s personal Twitter handle ‘briefly compromised’

India's Prime Minister Narendra Modi's personal Twitter handle was "very briefly compromised," the Prime Minister's Office said in a tweet on Sunday morning. The matter was escalated to Twitter and the Prime Minister's personal twitter...

Uber to allow users to book rides via WhatsApp in India

US ride-hailing giant Uber Technologies has said it would roll out a feature that will allow users in India to book rides via messaging service WhatsApp. The move could help Uber tap into the more...

WhatsApp wins approval to double payments offering to 40 million users in India

WhatsApp has won regulatory approval to double the number of users on its payments service in India to 40 million, a source with direct knowledge has told journalists. The company had requested that there should...

Cryptocurrency exchange Coinstore enters India despite pending curbs on trade

Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies. Coinstore has launched its web and app platform and...

Amazon seeks to pause antitrust review of 2019 deal with India’s Future

Amazon.com Inc has asked India's Supreme Court to pause an expedited review of allegations that the US business concealed information while seeking antitrust clearance for a 2019 deal with India's Future Group, legal papers...

Spotify launches ‘Netflix Hub’ on its app to attract fans

Music streaming platform Spotify Technology has said it has introduced a new hub where fans can listen to all the official soundtracks, playlists and podcasts related to Netflix Inc's shows. The Netflix Hub, as the...

Skies darken for Indian IPOs after Paytm’s disappointing debut

Paytm's dismal stock market debut this week is likely to put a damper on future offerings after the IPO of the digital payments firm ranked among the worst-performing in Indian history, six analysts and...

Peru’s central bank joins global push to develop a digital currency

Peru is joining the global push to develop a central bank digital currency (CBDC), central bank President Julio Velarde said on Tuesday, as policymakers worldwide seek to keep pace with fast-spreading cryptocurrencies. Speaking at a...