Microsoft sees end to Nokia losses, shares rise after hours
Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years.
Jul 23, 2014, 08:55 AM IST
Microsoft revenue rises, profit falls as Nokia absorbed
Microsoft reported quarterly profit of $4.61 billion, or 55 cents per share, compared with $4.96 billion, or 59 cents per share, in the year-ago quarter.
Jul 23, 2014, 08:41 AM IST
Microsoft scrap off Nokia X ; replace it with window phone
The phone is expected to launch next year.
Jul 18, 2014, 23:07 PM IST
Microsoft Corporation to cut 18,000 jobs, majority from Nokia
Microsoft said Thursday it would slash 18,000 jobs from its global workforce over the next year, the majority from the integration of the Nokia unit acquired this year.
Jul 17, 2014, 18:14 PM IST
Microsoft expected to announce job cuts this week: Report
The reductions, expected to be announced as soon as this week, could be in the Nokia unit and the parts of Microsoft that overlap with that business, as well as in marketing and engineering.
Jul 15, 2014, 09:15 AM IST
'UPA regime responsible for Nokia plant troubles'
Tamil Nadu Government Friday blamed previous UPA regime for the troubles faced by Nokia's Chennai plant which was kept out of Microsoft acquisition pact in the wake of Rs 21,000 crore tax dues raised by the I-T Department.
Jul 11, 2014, 22:11 PM IST
Microsoft CEO signals changes, defers talk on job cuts
Microsoft Corp Chief Executive Satya Nadella deferred any comment on widely expected job cuts at the software company on Thursday, after circulating a memo to employees promising to "flatten the organization and develop leaner business processes."
Jul 11, 2014, 00:59 AM IST
Nokia officials meet Sitharaman over tax issue
Nokia Group Executive Vice-President and Group CEO Timo Ihamuotila, along with other company officials, met Sitharaman.
Jun 25, 2014, 17:38 PM IST
Microsoft unveils Nokia X2 for 99 euros
India is the fastest growing smartphone market globally with over 44 million smartphones sold last year.
Jun 24, 2014, 16:57 PM IST
Nokia to repurchase shares worth up to $1.7 bn starting July
The firm will repurchase a maximum of 370 million shares. The repurchase is scheduled to commence on July 24, 2014 and will be valid till December 17, 2015.
Jun 18, 2014, 21:19 PM IST
India-origin Vivek Badrinath on Nokia board
He has worked in India from 2000 to 2003 as the CEO of consumer electronics firm Thomson India.
Jun 17, 2014, 22:16 PM IST
Mozilla to bring Rs 1,500 Firefox smartphones to India
Mozilla showcased a smartphone prototype costing as little as USD 25 at the Mobile World Congress in Barcelona in February, targeting developing countries including India and China.
Jun 12, 2014, 15:58 PM IST
Mozilla to bring Rs 1,500 Firefox smartphones to India
Mozilla showcased a smartphone prototype costing as little as USD 25 at the Mobile World Congress in Barcelona in February, targeting developing countries including India and China.
Jun 12, 2014, 15:58 PM IST
Nokia tax issue: hearing posted to June 25
Madras High Court on Wednesday adjourned to June 25,further hearing of appeals filed by Finnish handset maker Nokia as well as Government of Tamil Nadu over the issue of Rs 2,400 crore of tax demand by the state government.
Jun 11, 2014, 20:36 PM IST
Nokia achieves 4G speed 400 times faster than offered in India
Finnish telecom firm Nokia on Wednesday said it demonstrated a record 4G speed that enables a high-definition movie to be downloaded in only 11 seconds.
Jun 11, 2014, 20:30 PM IST
