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V Thulasidas, the managing director of Kannur International Airport Limited (KIAL) has resigned

V Thulasidas, the managing director of Kannur International Airport Limited (KIAL) has resigned from the post. He handed over the resignation to Minister K Babu, in charge of the airport. The government had the other day cancelled the consultancy deal of the company. The controversies which broke out following the cancellation of the consultancy is the reason cited for the resignation. V Thulasidas, the managing director of Kannur International Airport Limited (KIAL) has resigned from the post. He handed over the resignation to Minister K Babu, in charge of the airport. . It is stated that he submitted the resignation owing to the news report related to the cancellation of consultancy contract of Kannur aiport. The government had the other day cancelled the consultancy deal of the company which was signed with Mumbai based Stup consultancy private limited when it was found that they have not fulfilled the contract conditions. Stup is a company which was included in the black lis
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What is KIAL?

KIAL is Kannur International Airport Limited is a public limited company set up by the Kerala government to build and operate the upcoming Kannur International Airport. was registered in December 2009 as a private limited company and converted into a public limited one in August 2010. Once the land acquisition completed , it will be transferred to KIAL , which is implementing the airport project. The paid up capital of KIAL has been contributed by Kerala government 's public sector , Kerala Tourism Development Corporation (KTDC). Now the registered office of the company is at Thiruvananthapuram.
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