I would like to point out that Aishwarya Rai is not a generic talentless Bollywood actress but a former Miss World:

And this much said, if she still remotely looked like it did in 1994, she would be sexier than Angelina and many others (though I doubt she would win).
However today Aishwarya Rai has turned into this:

Soft, unattractive and frankly quite a bit overweight, untrained and totally incapable of beating anything including Ariana Grande.
That is my opinion