In a surprising move Union Ministry of Commerce & Industries has sacked M G Gupta, Director (Finance) in MMTC. Indianmandarins has reliably learnt many top shots in Central PSUs are in queue to face the music for their misdeeds, poor performance and lack-luster affair in business transaction which have been adding to the plights of Central PSUs for years.
Reportedly, Gupta became the casualty of his tenure as CGM in Mumbai (MMTC). If some well-placed sources are to be believed it pertains to the mishandling of consignments in Mumbai.
Gupta is the third top shot, after the CMDs of FACT and PDIL, to be sacked in the month of November.
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