Tag: tax
Nokia’s Chennai Plant may start functioning again, hints GOI
Nokia's Chennai Plant had stopped functioning in November due to ongoing Tax issues in India and also because of Microsoft refusing to use Chennai plat for production of its phones. Microsoft decided to kill...
Foxconn willing to buy Nokia’s Chennai plant. Nokia gets USD 21 mn tax relief...
If it comes true, you may frankly imagine a Nokia N1 manufactured in Nokia's now closed Chennai plant. Foxconn, the ODM that will be manufacturing and selling Nokia N1 has shown interest in buying...
Nokia’s Chennai plant may go to Indian manufacturer Lava
ET reports that Nokia's Chennai plant, that has been officially closed on November 1, may soon get a new lease of life, but under a new master. Indian manufacturer Lava is reportedly in talks...
No more “Made in India” Nokia phones, as Nokia stops production in Chennai plant
It was supposed to happen on November 1, but seems Nokia has stopped producing phones in the Chennai plant already. As per the reports, Nokia announced `No production day' from Friday until October 31...
Nokia wants to sell Chennai plant early, seeks nod.
Nokia is planning to sell Chennai plant, where it will stop production from November 1, after Microsoft terminated the service agreement. The service agreement was signed earlier at the time of deal-closure between Nokia...
Nokia will shut down Chennai Plant on November 1, as Microsoft terminates service agreement
Nokia has informed that it will suspend handset production at Chennai plant from November 1, as Microsoft has decided to terminate the service agreement signed earlier at the time of deal-closure between Nokia and...
2000 Chennai plant staff already opt for VRS. Nokia may need only 1300 workforce
Nokia's D&S division has changed hands to Microsoft, but the Chennai plant is left out of deal due to ongoing Nokia-IT department tax tussle. Nokia will run this plant for Microsoft under a service...
HTC shows interest in buying Nokia’s Chennai plant, if it is up for sale!
HTC, which considers India to be one of its crucial markets has shown interest in buying Nokia's Chennai plant, in case it is up for sale. The plant in question may not make it...
Nokia to keep making phones in Chennai plant, if it doesn’t get transferred to...
It seems the realization is slowly setting in that due to ongoing Tax tussles with Indian IT (Income Tax) and Tamil Nadu state IT departments, the Chennai plant may not make to Microsoft as...
Chennai plant employees to convey their stand tomorrow on possible job losses
Nokia India tax case has reached to such a stage where the Chennai plant is reportedly seeing erosion in production volume and seems at a risk of job cuts as well. The matter has got...
Indian Cellular Association supports Nokia, terms the new tax demand unconstitutional.
Nokia faced a new tax bill in India, this time slapped by the Income tax officials of the state in which Chennai plant is located. Nokia has filed a writ against this new tax...
Nokia files writ against new Tax claim by Tamil Nadu state government.
Nokia has today released a press statement in regards to a new "Tax claim" against it in India, this time by the Tamil Nadu state government, though. Chennai plant was built on Government provided...