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Why Ixigo CEO Aloke Bajpai is reinstating his employees' salaries to pre-COVID packages

Updated : July 11, 2020 02:21 PM IST

Along with reinstatement of pay, Ixigo will also issue 2.3 percent of the company's shares as ESOPs to all employees, at a steep discount.
The Ixigo boss has now predicted a recovery in domestic travel over the course of the next six months.
Aloke believes that hotels, when they eventually reopen fully, will begin witnessing a change in consumer preferences too.

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