Nokia's network unit beats on N. America growth
The unit`s fourth-quarter operating profit rose to 470 million euros ($530 million) or 14 percent of sales, from 397 million euros in the previous quarter.
Jan 29, 2015, 16:33 PM IST
Microsoft profit falls on sluggish Windows demand, tax charge
Microsoft Corp said on Monday fiscal second-quarter profit fell, as sluggish personal computer sales dampened demand for Windows software and the company had a one-time tax expense relating to an audit in the United States.
Jan 27, 2015, 03:39 AM IST
Foxconn employees to go on hunger-strike on Jan 23
Trouble began at the manufacturing facilities of Foxconn situated at Sriperumbudur near here after it decided to suspend production from December 22, 2014. Fearing job losses the employees have been resorting to agitations since then.
Jan 13, 2015, 11:14 AM IST
Foxconn Chennai plant suspends ops from Monday: Workers union
Ahead of a proposed suspension of production from Foxconn's plant here from December 24, employees union Monday said they were not allowed to enter the facility as the company has declared holiday till Tuesday.
Dec 22, 2014, 19:55 PM IST
Workers threaten to launch protest if Foxconn stops operations
As Taiwan-based contract manufacturer Foxconn prepares to suspend operations at its facilities here, employee unions have threatened to launch a protest if the company stops production from Monday.
Dec 21, 2014, 17:17 PM IST
Nokia exit brings Tamil Nadu back to drawing board
It may have taken years for Tamil Nadu to emerge as a major industrial hub, but it's just one deadly blow served by global giant Nokia's exit that has sent it back to the drawing board to regain its lost glory.
Dec 19, 2014, 12:57 PM IST
Nokia seeks lifting of asset freeze by I-T authorities
The company in a statement said that several "prospective buyers" have been approaching it and the asset freeze is impeding the process.
Dec 16, 2014, 19:17 PM IST
Foxconn to halt India operations
It is said that the company will shut down its Indian operations on December 24. The fate of around 1,700 employees will now be uncertain.
Dec 12, 2014, 09:00 AM IST
Hit by Nokia shut down, FOXCONN mulling layoff: Trade union
After suspension of production at Nokia's plant near here, an employee union fears lay-offs or production halt by the handset maker's major supplier FOXCONN.
Dec 11, 2014, 21:48 PM IST
Nokia bags Tata Docomo's 3G network expansion contract
The company, however, did not share financial details of the deal.
Dec 10, 2014, 19:29 PM IST
Nokia plant closure: EU blames TN govt for 'lack of support'
European Union on Monday put the blame on "lack of support from the state" for loss of jobs arising from suspension of Nokia's plant near here, a charge rejected by the Tamil Nadu government.
Dec 08, 2014, 19:22 PM IST
TN Minister blames UPA's tax policy for Nokia's plant closure
Tamil Nadu Government Friday blamed the Congress-led UPA and its ally DMK for the closure of Nokia's manufacturing plant near here by making a Rs 2,080 crore tax demand.
Dec 05, 2014, 22:43 PM IST
Lava may acquire Nokia's Chennai plant
If the deal happens, it would increase the possibility of thousands of former workers getting a chance at re-employment at the plant.
Nov 27, 2014, 11:27 AM IST
Microsoft launches Lumia 535 in India for Rs 9,199
Microsoft Devices Wednesday launched its first Lumia handset without the iconic Nokia brand name in India for Rs 9,199.
Nov 26, 2014, 21:02 PM IST
Smartphone sales in India to cross 53 mn in 2014
In value terms, revenue sales of total mobile phone market is forecast to be about Rs 75,000 crore, of which Rs 52,000 crore would be smartphones.
Nov 26, 2014, 19:13 PM IST
Microsoft Lumia 535 launched in India at Rs 9,199; to be available from Friday
Featuring the Microsoft logo, the Lumia 535 has a 5-inch display, 1.2GHz quadcore processor and 1GB RAM.
Nov 26, 2014, 12:02 PM IST
Nokia enters devices biz again, unveils Android tablet N1
Nokia's first tablet since sale of its devices business to Microsoft in about USD 7.2 billion in April this year is built on the latest Android platform Lollipop.
Nov 18, 2014, 17:46 PM IST
Nokia says vanishing consumer brand may return
Don`t call it a comeback yet. But Nokia is thinking about how to revive its brand name in consumer markets just months after selling off its former flagship mobile phones business to Microsoft for more than $7 billion.
Nov 14, 2014, 23:09 PM IST
Nokia lifts long-term profitability target
Nokia sold its struggling handset business in April to Microsoft in a 5.6 billion euros ($7 billion) deal that transformed it into an almost pure play network equipment maker.
Nov 14, 2014, 15:20 PM IST
Nokia Networks bags 3G contract from Airtel
Nokia Networks Thursday said it has bagged 3G contract from Bharti Airtel for telecom circles of Mumbai, West Bengal and Bihar.
Nov 13, 2014, 19:21 PM IST
