Though Nokia's Chennai plant is under freeze over a tax dispute, it has sought permission to sell the plant and keep the sale amount in an ...

Counsel for Income Tax department said that it has no objection to any valuer appointed by company but the valuation should be done 'on goi...

The IT department told the Delhi HC that the amount offered by an "arm's length buyer" for Nokia India's Chennai mobile making plant is "ve...

The offer was placed before the court and handed over to IT dept during hearing of Nokia's plea seeking permission to sell the assets.

Government may allow Finnish telecom firm Nokia to sell its Chennai plant with a condition that the money realised will be kept in escrow a...

In a bid to improve investor sentiment, the electronics department has suggested to Finance Minister Arun Jaitley that some measures be tak...

Facility in Chennai was Nokia's largest plant in the world and producing some of the basic GSM handsets and was serving the local market, b...

The company in a statement said that several "prospective buyers" have been approaching it and the asset freeze is impeding the process.

With just 90 remaining employees, the company will have to spend only about Rs 1 lakh to obtain the factory and allied licences.

Nokia had yesterday said it expects the deal to conclude on April 25 and hoped it would continue to operate the Chennai plant under a "serv...

Microsoft and Nokia haven’t yet revealed their future course of action but time is running out for Nokia to resolve the dispute.

Employees of Nokia's manufacturing facility at Sriperumbudur near here are expected to convey their stand on the uncertainty over the futur...

Add to that staff of component suppliers who operate in the SEZ and it comes to 30,000 people. In short, all of them rely on Nokia for thei...

News of Satya Nadella becoming the new boss of Microsoft brought hope to the 10,000 workers at Nokia India’s Chennai plant.

A top FinMin official asserted that Nokia, which is being acquired by Microsoft, will have to clear a tax liability estimated at around Rs ...

Employees at the Finnish handset major's facility in Sriperumbudur near here have decided to move the Delhi High Court which is hearing the...

Income-tax officials raided the factory and office of Nokia in Chennai as part of an investigation into suspected tax evasion by the Finlan...