Duty sop in GST holds key to Foxconn's Nokia unit takeoverAs GST will subsume all state taxes, retention of the duty differential becomes key for Foxconn to survive, expand in India
Foxconn, Nokia agree to revive Chennai plantIn its first formal communication to governt on the issue, Foxconn proposed to convert the Nokia plant into a global manufacturing hub for ...
Essar says no longer interested in buying Nokia's Chennai plantThough 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 ...
Delhi High Court asks EY to value Nokia’s production plant in ChennaiHC directed consulting firm EY India to value Nokia’s manufacturing plant in Chennai within two months, as the Finnish telecom gear maker s...
Tamil Nadu approaches Centre over Nokia plantNokia suspended operations at the facility from November 1, 2014 after it was excluded from the Nokia-Microsoft $7.2 billion deal due to ta...
Nokia may be allowed to sell Chennai mobile plantGovernment may allow Finnish telecom firm Nokia to sell its Chennai plant with a condition that the money realised will be kept in escrow a...
Nokia plant in Tamil Nadu likely to restart again, indicates PM Narendra Modi"Your concern is right. 25000 people were rendered jobless there," Modi said in Rajya Sabha while responding to the issue highlighted by Si...
Electronics department for steps in Budget 2015 to revive Nokia plantIn a bid to improve investor sentiment, the electronics department has suggested to Finance Minister Arun Jaitley that some measures be tak...
Budget 2015: Electronics department asks FM Jaitley to take steps to revive Nokia plantFacility 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...
Efforts on to reopen Nokia plant: P ThangamaniHe indicated the company was not planning to recommence operations anywhere else in the country. "The company is not going anywhere," he sa...
Nokia plant closure: European Union blames Tamil Nadu government for 'lack of support'Finland-based Nokia sold its worldwide handset business for $7.2 billion to Microsoft, but its Sriperumbudur plant was left out of the deal.
Tamil Nadu minister blames UPA's tax policy for Nokia's plant closureThe Tamil Nadu government today blamed the Congress-led UPA and its ally DMK for the closure of Nokia's manufacturing plant near here by ma...
Government will look into Nokia plant suspension issue, says Commerce Minister Nirmala SitharamanThe Finnish firm was forced to keep the factory out of a $7.5 billion deal with Microsoft Corp, due to tax dispute with Indian authorities.
Nokia plant dilemma may impact India's telecom exports by 40 per cent: ReportIndia's telecom exports may drop by about 40 per cent if uncertainty about Nokia's plant near Chennai continues and production is affected.
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 Chennai plant workers welcome Delhi High Court orderWorkers of Nokia plant near here welcomed the Delhi High Court order that defroze the assets of the Finnish firm in India.