Alibaba’s Amap is turning into more than just directions—it’s now a weapon in the war for local services. It is also China’s answer to Google Maps—except with a lot more cultural stickiness.
Reports on digital lending firms like Omlette and Jump Monkey submitted to MCA; crackdown on predatory fintech apps intensifies
Some popular apps that are back include Xender (file-sharing), Youku (streaming), Taobao (shopping), and Tantan (dating).
The notices allege that the Chinese nationals were in violation of a 2022 MCA circular, which makes it mandatory for Indian firms to take the Centre's clearance for such board appointments
The Enforcement Directorate had earlier this month undertaken a similar operation and frozen funds worth Rs 46.67 crore.
"We hope India can take concrete measures to maintain the sound development momentum of bilateral economic and trade cooperation," Gao Feng, spokesman for the Ministry of Commerce, told a press conference.
The apps were promoted through YouTube channels, Telegram and Whatsapp bulk messages.
An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it probed some of the firm's financial dealings. ByteDance challenged the move in court saying the freeze amounted to harassment and was done illegally.
KreditBee's parent company, Finnov, slashed its Chinese investors that now hold only 10 percent as compared to previously holding 40 percent.
Here are some of the most popular Chinese apps whose sun went down in India this past year.
Cynics who argue that banning digital apps does nothing to real intrusions by China’s People’s Liberation Army along India’s borders, ignore the fact that tech intrusions by Xi Jinping’s ambitions are as dangerous to the privacy and data security of citizens as hostile attempts at the border
Many early-stage startup founders wary about fresh investments from China. However, a section of experts say that FDI restrictions are more ominous, and ban on apps will be lifted once companies stick to security and privacy guidelines.
Watch this edition of Business Insight to know how MeitY evaluates these Chinese apps
Centre’s filing said it expects at least one or more companies to challenge the order
Everyone from teenagers and non-binary LGBTQI+ folk from non-metro cities across India embraced TikTok because it allowed their everydayness, their queerness, and just their own selves to become accepted, and even popular
India on Monday banned 59 apps with Chinese links, including the hugely popular TikTok and UC Browser, for engaging in "activities which are prejudicial to sovereignty and integrity of India, defence of India, the security of the state and public order".
Banning 59 Chinese mobile apps is a knee-jerk reaction, but we do need proper systems to vet an app for potential danger before it gets introduced in the country.
Millions of China-branded smartphones sold in the country are likely to capture far more sensitive user data than standalone apps and require greater scrutiny, as does telecom gear from Huawei and ZTE
India on Monday banned 59 apps with Chinese links, including TikTok and UC Browser, saying they were prejudicial to sovereignty, integrity and security of the country.
As long as a dictatorial Chinese regime is in power, India cannot return to status quo ante. This is a new situation for the foreign policy establishment, but India has the confidence, flexibility and creativity to influence world affairs for the good of all
Chinese foreign ministry spokesman Zhao Lijian told reporters during a daily briefing that India has a responsibility to uphold the rights of Chinese businesses.
The government said it had "received many complaints from various sources, including several reports about misuse of some mobile apps… for stealing and surreptitiously transmitting users’ data in an unauthorised manner to servers located outside India".
Most of the apps were providing utility services like cleaning unused apps, virus protection, scanning, there are multiple alternative apps available in the Play Store which can get the same work done.
The government has banned these apps invoking its power under Section 69A of the Information Technology Act and the provisions of the Information Technology Rules 2009.
The Ministry of Information Technology, on June 29, banned 59 mobile apps, saying they are engaged in activities which are "prejudicial to the sovereignty and integrity of India, defence of India, security of state and public order.