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EY finalises valuation process for Air India, bids to be in by mid-Sept

EY finalises valuation process for Air India, bids to be in by mid-Sept
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Air India looking to hire CEOs for its subsidiaries : Bulletin: Business Today

Loading the player. Air India looking to hire CEOs for its subsidiaries National carrier Air India has sought applications for the post of chief executive officer (CEO) for its subsidiaries Air India Engineering Services Ltd (AIESL), Air India Airport Services Ltd (AIASL) and Alliance Air Aviation Ltd (AAAL). The selected candidates will be hired for a contract period of three years, extendable by two years based on performance. Flipkart to take over Cleartrip in distress sale Flipkart will acquire embattled travel and booking platform Cleartrip, one of the oldest Indian players in the segment. This will be the latest addition to the list of acquisitions by the Walmart-owned Indian e-commerce major in various sectors. The deal is likely to be a mix of cash and equity and will see Cleartrip valued at $40 million.

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