Mining baron plans air cargo foray

Bangalore: Mining baron Santosh Lad is planning to expand his Rs 3,000-crore business by foraying into the air cargo space. Larsen & Toubro (L&T) may come in as a partner in the project.
Lad plans to revamp his recently acquired Chennai-based cargo company Crescent Air Cargo.
Operations are scheduled to begin from November 1 on the Chennai-Vizag-Kolkata route.
06/11/07 Mini Joseph Tejaswi & Anshul Dhamija/Times of India

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Categories: Cargo Nov 2007, New Nov 2007