"The exhilaration lies in building and creating. I am embarking all over again on another great journey… there is great adventure in store for the future."
These are great lines with which Gorur Ramaswamy Gopinath concludes his autobiography, Simply Fly.
The writer had launched India's first low-cost airline, Air Deccan, in 2003, and the "great journey" he was referring to was the taking-off of his next venture, Deccan 360, India's first dedicated cargo airline, and Deccan Cargo and Express Logistics, an express cargo and logistics company.
That was May 2009, but the spirit of unquenchable optimism and zest was similar to the days of 2003, when Air Deccan was launched and the history of Indian aviation rewritten.
Four years later, notices have appeared in major dailies across India. One invites bids for 54,000 shares of Deccan Cargo and Express Logistics held by State Bank of India as collateral for 9000 ft of commercial space in central Bangalore.
Another calls attention to the sale on Thursday of "all that piece and parcel of the property presently bearing Corporation No 32, Vittal Mallya Road.... belonging to Smt Bhargavi Gopinath W/o Capt. GR Gopinath" or, in other words, the Gopinaths' beautiful residence in the heart of the city.
SBI executives in the e-auctions department later confirmed that the auction of the residence has been postponed because no bids were received.
They added that the bank may reinvite bids for the property.
Text: Indulekha Aravind, Business Standard
Images Courtesy: Captain Gopinath, Air Deccan, PTI, AFP and Reuters