By , NEW DELHI/BENGALURU (Reuters) - A $20 billion fund raising spree may take India’s Reliance closer to its dream of becoming a digital giant, further threatening the ambitious plans U.S. companies like Amazon, Walmart and Zoom have for India.Stake sales in Reliance’s digital unit Jio Platforms attracted not just private equity and sovereign wealth funds but also Google and Facebook, a strong endorsement for an enterprise that until a few years ago focussed largely on oil refining.Some industry watchers equate Reliance’s digital plans - which extend from online shopping and cloud...…By , NEW DELHI/BENGALURU (Reuters) - A $20 billion fund raising spree may take India’s Reliance closer to its dream of becoming a digital giant, further threatening the ambitious plans U.S. companies like Amazon, Walmart and Zoom have for India.Stake sales in Reliance’s digital unit Jio Platforms attracted not just private equity and sovereign wealth funds but also Google and Facebook, a strong endorsement for an enterprise that until a few years ago focussed largely on oil refining.Some industry watchers equate Reliance’s digital plans - which extend from online shopping and cloud...WW…

By , NEW DELHI/BENGALURU (Reuters) - Alphabet Inc’s Google has extended its deadline for Indian app developers to comply with a new billing system for commission fees by six months, it said on Monday, days after local startups voiced anger about the charges.Google will now enforce its global policy more strictly and charge a 30% commission fee for in-app purchases from Indian developers from March 31, 2022, the company said, saying it was “being mindful of local needs and concerns”.The move comes after many startups in India banded together to consider ways to challenge the company by...…By , NEW DELHI/BENGALURU (Reuters) - Alphabet Inc’s Google has extended its deadline for Indian app developers to comply with a new billing system for commission fees by six months, it said on Monday, days after local startups voiced anger about the charges.Google will now enforce its global policy more strictly and charge a 30% commission fee for in-app purchases from Indian developers from March 31, 2022, the company said, saying it was “being mindful of local needs and concerns”.The move comes after many startups in India banded together to consider ways to challenge the company by...WW…