A LONG-STANDING CONFLICT has pitted some of India’s most prominent start-ups against global tech giants. The bone of contention? The high share of revenue charged by Google Play Store and Apple App Store. Recently, apps of some well-known Indian brands like Info Edge (including the apps Naukri and 99acres), BharatMatrimony, Truly Madly and Kuku FM were removed from the Google Play Store for not complying with the tech giant’s billing policies. It sparked outrage from the country’s developers with the Internet and Mobile Association of India (IAMAI) labelling this action as “unfair and disproportionate”.
Google later agreed to reinstate the delisted apps after Ashwini Vaishnaw, Union Minister of Railways, Communications, Electronics, and IT, got the tech giant and Indian start-ups to the negotiating table. But the company made it clear that it “maintains its right to implement and enforce its business model,” citing various court orders that were made in its favour.
Developers’ discontent with Google’s billing policies have been simmering since 2020, when Google announced that it would start enforcing its billing policies— including levying a fee of 30% on financial transactions made on the Play Store—from the next year, till when developers had time to comply with the policies. Later, after protests from Indian developers, Google delayed enforcing its billing policies and brought the fee down to 12-26%.
Denne historien er fra March 31, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra March 31, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky
