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NOKIA FACTORY
PM Modi strengthens India-Nordic ties with focus on clean energy, trade, digitalization focus at 3rd summitAhead of the 3rd India-Nordic Summit, Narendra Modi held key meetings with leaders from Iceland, Finland, and Denmark to strengthen coopera...- Europe risks falling behind US, China on AI data centre build-up, Nokia CEO saysNokia's CEO raises an alarm about Europe's lagging status in the development of AI data centers, warning that inadequate infrastructure and...
- Nvidia stock price today surges: Why NVDA jumps after $2 billion Marvell deal sparking massive AI growth buzzNvidia Stock Price: Nvidia shares saw a significant jump after announcing a substantial $2 billion investment in Marvell Technology. This s...
- Nokia resumes operations at its Sriperumbudur facility after employees test positiveET wrote to Nokia to find out how many employees from the Sriperumbudur plant had tested positive and is awaiting a response from the Finni...
- Many units in Nokia Telecom SEZ may reopen by March 2020Last week, Finnish company Salcomp, acquired by Chinese firm Lingyi iTech, sealed a deal to buy the one million sq ft Nokia factory inside ...
- Jobs back at Tamil Nadu's Sriperumbudur cluster post Nokia shutdownAccording to a letter, Taiwanese phonemaker Foxconn, Finnish manufacturer Salcomp and US-based Flex currently make up for 25,000 electronic...
- Possible joint bid for key tech could hurt Nokia plant's sale appealA draft of the Request for Price proposal from the Centre, seen by ET, invites quotations from manufacturers; the target is to expedite the...
- Foxconn wants to keep off Nokia's legal, financial issuesFor fructifying a deal with Foxconn, Nokia will need to reach out to the Indian government, specifically the departments of revenue, income...
- Foxconn, Government move ahead for a deal on Nokia's Chennai factoryCompanies like BYD, Lite-On Mobile and notably Foxconn as vendors for the Nokia plant followed suit, snuffing out jobs in tens of thousands...
- India, Nokia focus on settling tax rowNokia had last year approached the Delhi High Court seeking directions to de-freeze the attachment made by the Income Tax department in Sep...
- It seems, no one wants to pick sale call from NokiaRevival plans look far from reassuring, task force set up to help revive the phone unit.
- No output, but Nokia to keep Chennai factory in working condition for future buyersWith just 90 remaining employees, the company will have to spend only about Rs 1 lakh to obtain the factory and allied licences.
- Nokia's Sriperambudur plant workers' stir endsWith this deal, the last batch of workers from a workforce that once boasted strength of over 25,000 will leave the factory.
- Nokia India employees union chief attempts suicideThe union has been demanding that the company and the government take some steps to protect their jobs.
- Chennai Nokia factory to be contract manufacturing unit of MicrosoftThe Nokia factory in Chennai will become a contract manufacturing unit for Microsoft, the management of the handset maker told employee rep...
- Tax case not expected to affect deal with Microsoft: NokiaLast year in September, the US-based firm had announced it will acquire almost all of the Devices and Services business of Nokia for $7.2 b...
- Chennai plant may shut down if tax issue unresolved: NokiaFinnish handset major Nokia today warned that its Chennai factory may shut down unless a Rs 21,153 crore tax issue is resolved.
- Nokia offers government Rs 2,250 crore to save Microsoft deal; to keep Chennai proceeds with third partyNokia has offered to pay about Rs 3,000 crore to government to resolve the tax row so that its Chennai manufacturing plant can be de-frozen.
- Nokia's Chennai workers get poor salaries: FinnwatchMeanwhile, Nokia has also pointed out that its sub-contractors and external labour force companies pay above the minimum requirement.
- Chennai unit top producer for nokiaChennai has edged past China as a unit-wise volume producer of Nokia cellphones. In fact, Nokia’s Chennai factory is now the company's larg...
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