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NOKIA MICROSOFT DEAL
Tax issue not to impact new Nokia phone business: ICAThe income tax department has tentatively raised a Rs 10,000-crore demand from Nokia, which the company has contested.- Nokia all set to suspend operations at Chennai plant todayIn a separate tax case, the Supreme Court had ordered Nokia India on March 14 to give a Rs 3,500 crore guarantee before it transfers the pl...
- Nokia may keep Chennai plant out of $7.2 billion Microsoft dealFinnish handset maker Nokia is likely to exclude its India factory from the USD 7.2 billion deal concluding tomorrow to sell its mobile pho...
- Nokia Chennai unit may be made contract manufacturing facilityNokia 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 to close its acquisition of Nokia’s devices and services business on April 25'The transaction is now subject only to certain customary closing conditions,' Espoo, Finland-based Nokia said in a statement.
- End of an era: Nokia phone division to be renamed Microsoft MobileMicrosoft is buying Nokia's mobile phones division, including the teams that make feature phones. But it is not buying the divisions that a...
- Nokia may complete handset business deal with Microsoft by month endNokia today said it expects US $ 7.2 bn deal with Microsoft for sale of its mobile devices and services business to complete by the end of ...
- Nokia likely to leave India plant out of Microsoft dealNokia India has offered to put Rs 2,250 cr in an escrow account, plus pay an additional Rs 700 cr in instalments to free up the plant.
- Nokia employees to go on one-day hunger strike on March 31Employees of Finnish handset maker Nokia's plant at Sriperumbudur near here have decided to go on one-day hunger strike here next week.
- Nokia expects closure of Microsoft deal to be delayed until AprilNokia said it expected the 5.4 billion euro ($7.5 billion) sale of most of its phone business to Microsoft will close in April.
- Finland welcomes Delhi High Court order on Nokia tax caseWelcoming the Delhi High Court's decision in the Nokia tax case, Finland has said it would help in expeditiously executing the sale of the ...
- Nokia employees to move Delhi HC in Rs 6,500-crore tax dispute rowEmployees at the Finnish handset major's facility in Sriperumbudur near here have decided to move the Delhi High Court which is hearing the...
- Nokia fears Chennai plant may be excluded from deal if tax issues are not resolvedFinland fears that Nokia could be forced to close its Chennai plant if the company's tax dispute in India is not resolved and its assets no...
- Nokia offers to pay part of Rs 3,000-cr tax payment demand to unfreeze its Chennai factoryShortly after Nokia announced a deal to sell its devices & services business to Microsoft, India's tax department froze the handset maker's...
- Microsoft to take over Nokia's iconic headquarters next yearMicrosoft will take over Nokia's landmark headquarters in Espoo (Finland) after the software giant completes the acquisition of Nokia.
- Microsoft-Nokia deal receives CCI's green signalSeen as one of the significant global M&A deals, software giant Microsoft would acquire Finnish major Nokia's devices and services business.
- Nokia can't license brand 'Nokia' post Microsoft dealNokia would have right to continue and maintain Nokia brand except for certain period as per the agreement.
- Stephen Elop to get $25.5 mn post Microsoft-Nokia dealElop, who earlier served as CEO of Nokia, after the closing of the $7.2 billion deal is expected to join the US-headquartered software gian...
- Nokia to seek shareholders nod on Microsoft deal on Nov 19Nokia will seek its shareholders approval on November 19 this year to its $7.2 billion deal to sell devices and services business to US sof...
- Microsoft talked with Nokia about buying devices unit: ReportMicrosoft recently talked with Nokia about buying the phone maker's devices unit, but the discussions faltered, the report revealed.
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