Nokia withdraws plea from HC for urgent sale of its Chennai unit
Nokia India on Tuesday decided to withdraw from the Delhi High Court its plea for urgent sale of its Chennai mobile manufacturing unit which was frozen over a tax dispute.
May 26, 2015, 09:53 AM IST
Essar pulls out of race to buy Nokia's Chennai mobile plant
Nokia's Chennai plant is under freeze over an estimated Rs 10,000 crore tax dispute with the Income Tax department.
May 21, 2015, 13:14 PM IST
HC agrees to urgent hearing of Nokia plea to sell Chennai unit
The tax dispute between Nokia India and Income Tax department, which has raised a claim of Rs 10,000 crore on the telecom firm, would be taken up by the Delhi High Court for an urgent hearing next week.
May 20, 2015, 22:38 PM IST
Chennai plant has potential to make 5G gears: Nokia Networks
Telecom equipment maker Nokia Networks Wednesday said that its manufacturing plant here has capability to make 5G network equipment, but at present the company is focussed on firming up technical standards.
May 13, 2015, 22:05 PM IST
Nokia Networks' Chennai plant crosses 2 mn units milestone
Telecom gear maker Nokia Networks' Wednesday said that production of network components at its plant here has crossed over 2 million units.
May 13, 2015, 22:01 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
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 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
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
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
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
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
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
Nokia wants permission to sell off its Chennai plant
Finnish mobile manufacturer Nokia wants permission to sell off its plant in Chennai and put the money from the deal in escrow account till the time its tax dispute with Indian government is resolved.
Oct 14, 2014, 17:34 PM IST
Nokia said to abort handset production in India as Microsoft cuts orders
Nokia will reportedly stop production at its mobile handset manufacturing facility near Chennai in south India after a deal with Microsoft to manufacture phones fell through.
Oct 08, 2014, 14:05 PM IST
Govt will look into Nokia plant suspension issue, says Nirmala
Nokia Corp yesterday announced suspension of operations at its Chennai mobile handset plant from November 1.
Oct 08, 2014, 13:22 PM IST
Nokia employees' Union mulling legal action
A day after Nokia announced its decision to suspend operations at its facility in Sriperumbudur near here, the employees' Union is looking at "legal options".
Oct 08, 2014, 12:42 PM IST
Nokia to shut down its Chennai factory from November 1
In September 2013, Nokia announced it would sell its devices and services (D&S) business, including assets in India, to Microsoft for USD 7.2 billion by March 2014.
Oct 07, 2014, 15:14 PM 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
