TopNews

Today the Gujarat NRE Coke recorded a plunge over five times in its net profit to Rs 20.04 crore in the first quarter closed by June 30, ending the subsequent period a year ago.

The overall income plunge to Rs 452.15 crore in the April-June quarter during this fiscal year from Rs 310.04 crore last year.

According to an investigation report, the firm "Next" has violated the refund rules of the consumer law for online deliveries. The firm has been failing to refund the delivery charges applied for the goods which are bought online but returned within seven days.

The report has also found that the staffs of various mail order firms are disclosing wrong information about the refund policies of their companies.

As per the Distance Selling Regulations (DSRs), a customer who returns the goods within seven days of delivery should get the full refund and the delivery charge also.

Japanese automaker, Toyota is considering the plans to open quality fields in Houstan and three other centers in US. It is also studying the prospects in Canada while US is going to be on the top of the list. Names of the other places are- Jacksonville, FL and Denver.

All the four cities already have Toyota's sales and distribution offices.

These centers are going to concentrate only on trucks and chassis components, the company said. A similar kind of operations was started in New York last year.

After providing the crystal clear hint the European Central Bank expressed that its contentious government bond buy might conclude as financial market anxiety could sooth and economic projections could turn out to be better.

The bond purchase by the Government, the ECB commenced at the elevation of the euro zone debt catastrophe in the month of early May, when the liquidity situations depreciated harshly for many nation's bonds and approximately left Greece dehydrated.

H&R Blocks Inc is expecting that it would be able to keep itself as an independent company and for that the company is trying every bit to win over newer customers for digital filings. The largest tax preparer in the US has been facing tough competition for quite some time now.

Talking to the media, Chief Executive Officer Alan Bennett said that he has been trying very hard to make the firm stand tall. He added that after Russ Smyth resigned from the company, he is now going to focus more on branding and marketing as retail customers become important for it.

The subsidiaries of SAR group, Wynn Telecom has declared that it is going to set up a mobile manufacturing unit in Himachal Pradesh. The investment for this venture is coming around Rs. 270 crore with a production capacity.

The company is looking forward to produce around one million handsets per month form this facility. This will be their first made-in-India mobile form the company. As per the company officials, by August 2011 the unit will be operative.