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Lufthansa terminates services of 103 India-based flight attendants

Image Source : AP Lufthansa terminates services of 103 India-based flight attendants Lufthansa has terminated the services of 103 India-based flight attendants after they allegedly sought “job assurance” from the management while the German airlines group had offered them leave without pay option for two years,sources close to the developments said. These employees had been working on a…

Amazon leads $12M investment in India-based digital insurance startup Acko

Amazon appears to be restarting its funding efforts in India after Acko, the digital insurance startup in India, confirmed that the U.S. retail giant led a new round of funding for its business.

Amazon — which has been linked with an Acko investment since the start of this year — backed lending startup Capital Float last month, and now it has led a $12 million funding round for Acko…

India-based music streaming service Gaana raises $115M led by Tencent

 Chinese internet giant Tencent is continuing to put its money in India and in music streaming services after it agreed to lead a $115 million investment in India’s Gaana. Gaana is a music streaming service that was started by Times Media, the company behind the Times of India newspaper and tech incubator Times Internet among other things, seven years ago. Gaana didn’t reveal its… Read More