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Microsoft calls on Foxconn to build phones locallyFoxconn is also revving its India plans after Nokia’s exit from phone manufacturing shut down its plant in Sriperambudur, Tamil Nadu.
IT dept to see if offer for Nokia Chennai plant acceptable: Delhi High CourtThe offer was placed before the court and handed over to IT dept during hearing of Nokia's plea seeking permission to sell the assets.
Lava drops out of race to buy Nokia’s Chennai handset unitLava was the first Indian phone vendor to introduce its own user interface or skin, Hive, riding on the Android OS.
Rising unemployment: Foxconn still holds ray of hope for jobless staffThe slew – begun when Nokia slipped into a tax net and had to forgo its largest unit in deal with Microsoft– now has one of its supplier un...
Exim Bank takes Latha Rajinikanth's landIn September this year, it had issued a notice to Latha about the dues. On Friday, it had put up a possession notice for the land in newspa...
Foxconn employees try to gate-crash into factory, arrestedFoxconn factory, which occupied about a fifth of 210-acre Nokia Telecom SEZ, is on the brink after Nokia stopped manufacturing phones at it...
Foxconn India begins negotiation with workers, offers settlement packageThe Assistant Commissioner of Labour Dharmaseelan had in the meeting advised Foxconn to desist from taking any decision till December 18.
Madras High Court tells tax authorities to desist from drawing money from Nokia's attached accountTwo bank accounts of Nokia, in State Bank of India and Bank of America, were seized and the company was given 15 days of time to settle the...
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 Chennai plant shutdown a descent into darkness for some, new path for othersLife after Nokia has gained momentum only for a select few like Ebenezer who benefited from Nokia’s cushions for the hard-landing.
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.
- Budget 2013: What does setting up a semiconductor wafer fabrication unit means for India
For the first time since Independence, the possibility of setting up a semiconductor wafer fabrication unit in India was made by Finance Mi...
Railway Budget 2013: Full text of Railway Minister Pawan Kumar Bansal's speechBansal, on Tuesday, presented his maiden Railway Budget in the Lok Sabha announcing a slew of measures to improve passenger experience and ...
- Value & Budget Housing Corporation launch affordable homes in Chennai
Value & Budget Housing Corporation (VBHC) has launched VBHC Vaibhava, its maiden project in Oragadam, Chennai, spread over 30 acres of land.
- Sriperambudur corridor to employ 2 lakh by ’10
Ten years ago, the sleepy Sriperambudur corridor, in Kanchi district of Tamil Nadu, was totally disconnected from the capital. But, the sta...