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National Textile Corporation

Future Enterprises invite bids for insurance business, apparel manufacturing unit

The company, a flagship firm of Kishore Biyani-led Future Group, is going through the Corporate Insolvency Resolution Process (CIRP)New Delhi: The resolution professional of debt-ridden Future Enterprises Ltd (FEL) has invited expression of interest (EOI) for the company's assets,...

NTC Promises 8% Net Margin to India Republic Franchisees

Indian Republic, the menswear store by the National Textile Corporation Limited is all set to see its first set of openings in two months time."With a store each in Hyderabad, Chennai, Bangalore and New Delhi by August, NTC is...

Government Worried About the Indian Handloom Sector

The heritage of Indian textile sector is on a downstream as the Indian handloom sector has been experiencing negative growth. This is a serious concern for the goverment. As Zohra Chatterji, Textile Secretary puts it, during the recently held...

NTC to retail Rosebys’ home furnishing products

Rosebys Interiors India, a 100% subsidiary of GHCL, has entered into a partnership with National Textile Corporation (NTC) for retailing home furnishing products.Under the agreement, NTC stores will be rebranded as Rosebys@NTC. While NTC will provide material input from...

Pantaloon in textiles deal with NTC

Pantaloon Retail has entered into a joint venture (JV) with the National Textile Corporation (NTC) to revive and modernise the latter’s two mills in Mumbai. While NTC will hold 51 per cent in the venture, the rest will be...

Pantaloon demerges sports business

Pantaloon Retail India Ltd, a part of the Future Group, today decided to split fashion and sports business of the joint venure entiy, Planet Retail Holdings Private Ltd.The decision taken by the company’s board of directors was conveyed to...

NTC to sell 1000 acres at prime locations

National Textile Corporation (NTC) has planned to sell 1,000 acres at prime locations throughout India from March 2008. NTC has marked land in cities like Kolkata, Mumbai, Bangalore, Kanpur and Indore.NTC has set a minimum target of Rs 1,500...
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Fashioning rural India

One of the early entrants in the country’s value-retail space, V-Mart is today a 448-store strong chain with its...
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