Jai Corporation

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vikramkorde

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Maharashtra to develop six small airports

28 firms including Reliance Airport & GVK evince interest.

The Maharashtra government뭩 plan to convert airstrips in six smaller cities into airports has evoked good response from the corporate sector.

Around 28 companies have submitted their request for qualification (RFQ), which include ADAG뭩 Reliance Airport Developers Ltd, Anand Jain-promoted Jai Corporation Ltd, GVK, Lanco Infratech Ltd, Maytas Infrastructure Ltd, and Essel Infraprojects Ltd.

The government plans to upgrade airstrips of Nanded, Osmanabad, Latur, Yavatmal, Baramati and Jalgaon.

The Maharashtra Industrial Development Corporation (MIDC), state government뭩 industrial infrastructure arm, is the nodal agency for the project while Mumbai-based Darashaw Ltd is the consultant.

Speaking with Business Standard, MIDC뭩 chief executive officer Rajiv Jalota said the shortlisting of the companies was expected to be over by the end of January after which the companies would be required to submit request for proposal (RFP) within one month.

The bid process is likely to be completed by mid-2008.

These airports can be used as a maintenance and parking facility to run aviation academies, and can eventually be turned into commercial airports,?said Jalota
 

sudoku1

Well-Known Member
Yeah to get baby delivered it takes 9 months..if it gets before time you know what happens.. :)
THE BULL GAME IN JAICORP IS STILL INTACT on a technically med term basis....only a sustained close below 950 will alter the bullish outlook.:D
 

jnj333

Active Member
Jai Corp Ltd has informed BSE that with effect form December 10, 2007, Jai Realty Ventures Ltd has become wholly-owned subsidiary of the Company on accounts of the Company acquiring shares in this Company.
 
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