Nokia's telecom network profit drops in first quarter
Overall revenue held up well to come in slightly ahead of forecasts, but Nokia said profits dropped due to lower software sales, higher research and development costs and challenging conditions in Europe and Latin America.
Apr 30, 2015, 13:07 PM IST
Microsoft starts Nokia re-branding, with India store
US-based software giant Microsoft has got down to re-branding Nokia stores worldwide, with India being the first country to get off the block.
Apr 28, 2015, 20:09 PM IST
HC appoints Ernst & Young India as valuer for Nokia's plant
The Delhi High Court Monday appointed Ernst & Young India Pvt Ltd as valuer for Nokia India's Chennai mobile making plant, frozen over an alleged Rs 10,000 crore tax dispute with the Income Tax department.
Apr 27, 2015, 20:41 PM IST
Nokia denies return to phone manufacturing
Finland`s Nokia denied reports in Chinese media that it planned to return to manufacturing phones.
Apr 26, 2015, 18:02 PM IST
Offer for Nokia's Chennai plant very little: Tax dept to HC
The Income Tax department on Friday told the Delhi High Court that the amount offered by an "arm's length buyer" for Nokia India's Chennai mobile making plant, frozen over an alleged Rs 10,000 crore tax dispute, is "very little".
Apr 24, 2015, 16:59 PM IST
Nokia's Alcatel buy: India to account for 18% revenue
This will create an entity with a combined market cap of about 45 billion euro (close to USD 49 billion) and a revenue base of around 26 billion euro (about USD 28 billion).
Apr 19, 2015, 15:12 PM IST
IT dept to see if offer for Nokia Chennai plant acceptable: HC
The Delhi High Court on Friday asked the Income Tax department to examine the offer by an independent buyer for Nokia India's mobile manufacturing plant in Chennai and to sell the asset, which has been frozen over an alleged Rs 10,000 crore tax dispute, if the amount is acceptable.
Apr 17, 2015, 19:13 PM IST
Nokia CEO says French jobs pledge is business as usual
Nokia has pledged not to cut French jobs for two years after the closure of the deal, beyond what Alcatel had already planned.
Apr 17, 2015, 13:18 PM IST
Nokia-Alcatel deal may force Ericsson to expand fixed line range
Sweden`s Ericsson , the world`s biggest maker of mobile telecoms equipment, will probably have to expand its range of fixed line products to defend its turf following Nokia`s purchase of Alcatel-Lucent.
Apr 16, 2015, 00:50 AM IST
Nokia says too early to say how many job cuts in Alcatel deal
"There will be some impact on headcount but we don`t know the number yet," he said, adding that procurement and other costs could come down to achieve the synergy target, in addition to headcount.
Apr 15, 2015, 15:46 PM IST
Nokia to buy Alcatel-Lucent for $16.6 billion in an all-stock deal
Finish telecom network equipment maker Nokia on Wednesday announced acquisition of French firm Alcatel-Lucent in an all-stock deal valued at 15.6 billion euros (USD 16.6 billion).
Apr 15, 2015, 14:53 PM IST
Nokia to buy Alcatel-Lucent in all-share deal
The deal will be finalised in the first half of 2016, the companies said.
Apr 15, 2015, 11:26 AM IST
Nokia in talks to buy Alcatel-Lucent; France backs deal
Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent, a deal combining the industry`s two weakest players that is backed by the French government but could pose challenges in cutting costs.
Apr 14, 2015, 13:39 PM IST
Nokia considers sale of map business HERE: Report
Nokia is considering selling its maps business HERE, a report by Bloomberg News said, pushing up shares in the Finnish company as well as its network gear rival Alcatel-Lucent.
Apr 10, 2015, 23:41 PM IST
'Nokia has identified "serious" buyer for Chennai plant'
Finnish telecom equipment maker Nokia has identified a "serious" buyer for its manufacturing plant in Chennai, a top Tamil Nadu government official said Friday.
Apr 10, 2015, 22:38 PM IST
Govt to ensure that Nokia-like plant closure doesn't repeat
The government is working to ensure there is no repeat of Nokia-like plant closure and is trying to get justice for workers of the Finnish company's India unit, Commerce and Industry Minister Nirmala Sitharaman said today.
Mar 23, 2015, 18:59 PM IST
HC orders notice to TN govt, Nokia
Justice M Duraiswamy, before whom the petition filed by the five men committee headed by R Veerasekaran came up for admission, issued notice to the state government and Nokia and adjourned the case for two weeks.
Mar 18, 2015, 22:50 PM IST
Nokia plant in Chennai likely to restart again, indicates PM
The Nokia plant, based near Chennai, had started operations in 2006 and shut down operations on November one last year.
Mar 03, 2015, 22:47 PM IST
TN Govt blames UPA tax policy for Nokia plant shutdown
Tamil Nadu Government today blamed the erstwhile Congress led UPA Government's tax policies for the suspension of production by Finnish mobile handset maker Nokia at its plant here but said it was trying to find a solution to the issue.
Feb 14, 2015, 16:09 PM IST
India is a strategic market for Nokia: Rajeev Suri
India, which accounts for the largest employee base for Nokia, is a "strategic" market for the telecom equipment maker, its India-born President and CEO Rajeev Suri said on Tuesday.
Feb 10, 2015, 17:39 PM IST
