Last Friday, the apex court had ordered Nokia to give a Rs 3,500-crore (Rs 35-billion) guarantee before it transferred its Sriperumbudur facility, one of its biggest plants globally.
It's planning to offer unique apps such as Office 365, One Drive and X-Box Games.
The device is being labelled as the phone for 'selfies and skype'.
All future smartphones from Microsoft will be under the Microsoft brand, which means Nokia brand will now be phased out.
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