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Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
Nokia, HMD Global extend licence deal over sale of Nokia branded feature phonesNokia has prolonged its licensing agreement with HMD Global, allowing the continued sale of Nokia feature phones for another two to three y...
HMD to make smartphones in India; export to other overseas markets: ChairmanHMD Global announced that its new self-branded smartphones, under the 'HMD Crest' series, would be made in India. The company plans to expo...
Maker of Nokia-brand phones sees India as base for exporting devicesKochhar said HMD will continue using the old Nokia logo for its handsets and other category products even though telecom equipment maker No...
Dixon Technologies arm inks deal with HMD India for manufacturing Nokia smartphones"Dixon's wholly-owned subsidiary - Padget Electronics, has entered into an agreement with HMD India for manufacturing of Nokia smartphones....
HMD Global plans to export handsets from IndiaNokia in amongst the top three feature phone makers in the country with around 8.5-9% share, while in smartphones it has around 3-3.5% shar...
HMD in talks with parts companies for India operationsThe company’s country head for India, Ajey Mehta, said the plan is to finalise an agreement to this effect as soon as possible.
Nokia launches three new smartphones - and an online storePowered by Android One, Nokia 8 Sirocco, Nokia 7 plus and new Nokia 6 were unveiled at Rs 49,999, Rs 25,999 and Rs 16,999, respectively.
Phone companies including Panasonic, Lava to scale up local productionPCB makes up 40-50% of the cost of making a phone, so a duty on the import of the component will increase prices in the near term, but push...
Nokia launches its first 4G feature phone, Android Go smartphone; says 2018 a critical yearHMD has also joined hands with Google to launch its first Android Go (Oreo) Edition smartphone, Nokia 1, which is targeted at emerging mark...
Florian Sieche named HMD Global CEOThe Finnish company’s board which took the decisions on Monday, gave additional responsibility of executive vice president to its chief mar...
Nokia phones to be launched in India by June-end, will be available offlineThe company plans to launch both feature and smartphones powered by Google’s Android operating system.
Nokia phones to be launched in India by June end, to be available offlineHMD said the company plans to rope in over 400 distributors who can reach out to the nook and corner of the country and set up 300 service ...
Nokia, HMD Global to partner in India for health device saleHMD Global has licence to sell Nokia-branded phones which recently re-launched Nokia's 17-year-old feature phone Nokia 3310.
HMD Global to make Nokia 3310, other models in IndiaApart from Nokia 3310, it will also bring in Android-powered Nokia 6, Nokia 5 and Nokia 3 to India during the second quarter itself.
Sub-Rs 2,000 Nokia feature phones to hit Indian market in January-MarchThe handsets will be rolled out in India around the same time at a price less than Rs 2,000.
Nokia smartphones to make a comeback in 2017Espoo, Finland-based HMD Global has signed a 10-year brand licensing contract with Nokia where it will create new Nokia branded phones, and...
'HMD to have full operational control over Nokia branded devices'"Nokia has made no investment in HMD and will hold no equity. Nokia will have no-one in the business and no-one will transfer from Nokia to...
Microsoft India mobile business head,Ajey Mehta to move to HMD GlobalMicrosoft India’s head of mobile division Ajey Mehta, along with 60-70 sales and marketing staff, will move to HMD Global, the newly-create...
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.