PSU Watch logo

| PFC & REC to offer 10-year loans to state discoms at 9.5% |   | Union Bank of India cuts External Benchmark Lending Rate (EBLR) by 40 bps |   | Centre to sell stake in certain pharma PSUs: Goyal |   | NHAI to develop 57 stretches as model national highways |   | BEML to firm up partnerships with Czech, Japanese firms for setting up joint manufacturing facilities in India |  

Ashutosh Gupta set to be Director (HR) of NCT Ltd

Ashutosh Gupta, who is currently serving as General Manager in BSNL, has been recommended for the post of Director (HR) of NCT Limited
New Delhi: Ashutosh Gupta is set to be the next Director (HR) of National Textile Corporation (NCT) Limited, a government-owned company under the Ministry of Textile. Gupta has been recommended by the Public Enterprises Selection Board (PESB) on Friday. He is currently serving as General Manager in Bharat Sanchar Nigam Limited (BSNL), a PSU under the Department of Telecommunications (DoT).
Ashutosh Gupta has been recommended for the post of Director (HR) of NCT Limited by a PESB panel on Friday. He is currently serving as General Manager of BSNL
Gupta has been recommended for the post of Director (HR) from a list of three candidates who were interviewed by the selection panel. There were two candidates, including Gupta, from BSNL and another from NTPC Limited.

National Textile Corporation (NCT) Limited

The National Textile Corporation Limited (NTC) is a Public Sector Undertaking (PSU) under the Ministry of Textiles which was incorporated in April 1968 for managing the affairs of sick textile undertakings in the private sector taken over by the government. The company owns 23 working textile mills which produce yarn and fabric. The company was incorporated in April 1968. NTC had made a turnaround within a short span to emerge as a debt-free company with a highly competitive revival strategy. Apart from re-branding, NTC Limited had developed a new marketing and corporate strategy that included the revamping of all NTC stores and setting up of new stores.