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Nokia may be planning to shift production from Chennai to Vietnam plant.
Nokia just suffered a setback in its legal tussle against India's Income Tax department in Supreme Court. This ruling made Nokia counsel dare IT department to attach its assets and sell. Now, it seems...
Supreme court dismisses Nokia’s appeal in the tax case. Nokia dares IT to attach...
Nokia India has suffered a setback in the tax case with Indian IT department. India's Supreme court has dismissed its appeal against Delhi high court's order, which directed Nokia India to give a guarantee...
Report: Rajeev Suri may be the next Nokia CEO.
Rajeev Suri, the NSN CEO has been one of the likeliest candidates to lead the new Nokia along with Nokia CFO Timo Ihamuotila. But if the latest report from Finnish news paper Helsingin Sanomat...
Nokia-Microsoft deal to be closed within 20 days, as hitches in China get resolved.
During the hearing of Nokia vs Indian IT department tax row in Supreme Court today, the Nokia counsel has revealed that Nokia-Microsoft deal will get closed within 20 days and even the Chinese government...
Chennai plant transfer to MS stalled again. Nokia appeals to the Supreme court.
And the uncertainty over Chennai plant transfer to Microsoft is back with Delhi High court imposing a new condition and practically stalling the transfer. In its order last week, Delhi High Court has asked...
Delhi High Court: Nokia doesn’t need to deposit $557 million, just give simple undertaking.
Delhi High court has provided a favorable ruling to Nokia India in the latest hearing of Income tax case. The court has declined the request of the Income Tax Department to direct Nokia India...
China may approve MS-Nokia deal soon. Delhi Court defers Tax case hearing till January...
We reported, China taking its sweet time in providing approval for Nokia-MS deal. The reason behind this delay was cited to be the apprehension of local vendors about Nokia getting aggressive with its patent...
IT department says Nokia’s guarantee serves no purpose. Asks court for directions.
Some one month back, Delhi High Court has lifted the freeze on Nokia India assets thereby allowing transfer of Chennai manufacturing plant to Microsoft as part of global Nokia-MS deal. Delhi High Court has also...
Delhi High Court lifts Nokia’s Chennai plant freeze paving way to its transfer to...
Delhi High Court has ordered Nokia to deposit 22.5 billion rupees ($367 million) in an escrow account, as a condition for lifting the freeze from Nokia India's attached assets. Due to an ongoing tax...
Microsoft-Nokia agreement involved MS buying Nokia’s shares & was only changed later to assets...
A surprising revelation in a recent report by Financial Times, which covers Nokia's tax woes in India draws one's attention. It seems, Nokia-MS deal initially was set to "Microsoft buying Nokia corp's equity shares...
MS-Nokia deal gets approval of Both US department of justice and European Commission.
Green signal has been given to Microsoft-Nokia's deal by two of the toughest regulators in the world. Earlier US department of justice and now European commission has provided their approvals. The notice of approval...
Nokia’s Chennai plant may be excluded from MS deal if tax issues remain unresolved.
Back in March, Nokia India had been slapped with a big tax demand by Indian IT department and subsequently its assets were frozen by IT authorities. If this dispute doesn't get resolved before December...
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