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Not much known about the southern partner

Source : BUSINESS_STANDARD
Last Updated: Sun, Oct 07, 2012 20:04 hrs

K Sreenivasan, who replaced Priyanka Gandhi Vadra on the board of charter services provider Blue Breeze Trading, which is facing Team Kejriwal’s allegations of receiving favours in the form of inter-corporate loans, had his association with North-based politics a while earlier.

Based in this city, he is managing director of a recruitment agency, Ashwin Enterprises. It hires people for construction and other companies based in West Asia.

An email to the company elicited no response. However, his web profile says he graduated from the Indian Institute of Management Bangalore, in 1989. Soon after, he was appointed officer on special duty to Kerala chief minister K Karunakaran. He held this post for a little over a year. In 1995, when Karunakaran moved to Delhi as a Union minister, he went along as an OSD.

He is also a trustee in the Thrissur-based Thejus Engineering College. However, he is not known to Congress leaders here, where he lives with wife and son in the posh Panampilly Nagar area.

There has been much activity in the realty market here, with hundreds of acres in the vicinity of the city, especially the Chathanad, Varapuzha, Kadamakkudi, Kothad, Pizhala and Parur areas. Most of the deals are for Delhi and Mumbai-based firms, say brokers. There is a proposal to build three bridges connecting Kochi to hinterland pockets, to reduce the distance between North Parur and this city from the current 26 km. The road will be over the backwaters which has a vibrant tourism business value, thanks to its scenic beauty.

This is also important as Kochi is supposed to be on the way to becoming a major trans-shipment hub. Backwater tourism will be a prime business vertical when the three bridges are built. Land prices are going up, as is business in the segment in and around Kochi and the neighbouring Ernakulam district; there has been a doubling of prices in about 15 months.




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