Fintech major PhonePe on Wednesday announced the launch of its homegrown Indus Appstore specifically for the Indian market, in a bid to compete with global incumbents like Google Play Store and Apple's App Store. The Indus Appstore is PhonePe's attempt at creating a more competitive and localised mobile app store economy for India, which is already the world's largest market for mobile apps.
According to sources, developers of many of the 59 banned apps had taken down their apps from Google Play Store voluntarily.
"The Government of India has issued an interim order for the blocking of 59 apps, including TikTok, and we are in the process of complying with it. We have been invited to meet with concerned government stakeholders for an opportunity to respond and submit clarifications," Nikhil Gandhi, head of TikTok India, said.
The Telecom Regulatory Authority of India on Thursday launched a channel selector application which will facilitate consumers to view their TV subscription and choose the channels of their interest while removing the unwanted ones.
Meanwhile, TikTok said it has faith in the Indian judicial system.
Continuing with his business ventures beyond the cricket field, MS Dhoni has now invested in 360 degree sports ecosystem Run Adam, and will serve as its endorser
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
In April, RBI had to issue a warning about a mobile application.
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