Air India to hire law firm for assessing labour issues, business contracts

National carrier Air India has invited bids from law firms to assess labour issues, possible liabilities arising out of litigation and group companies’ contracts with various business partners ahead of disinvestment in three of its entities—Air India Ltd., Air India Express Ltd. and Air India SATS Airport Services Pvt. Ltd. (AISATS). The due diligence will cover a range of issues such as existing arrangements with employees, employee benefits and labour disputes along with Air India group’s contracts with a host of business partners valued above ₹50 crore, including aircraft lease and fuel supply arrangements. It…

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90% Companies in India Looking to Hire: Survey

The job market in India is improving. About 90 per cent of companies are looking to hire, says Sambhav Rakyan, data services practice leader for Asia Pacific at Towers Watson, a global HR consulting firm. Mr Sambhav Rakyan says its hiring survey showed that strong demand is being seen for graduates from top-tier business schools, research jobs in pharma, technical areas like social, mobile, analytics and cloud computing (SMAC) and SharePoint. The top sectors where the companies would be hiring are sales and engineering, he added. Entry-Level Salaries Recently the…

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