World's largest cell phone maker Nokia on Wednesday said up to 300 jobs would be cut in India by end of 2012, as the company embarks on restructuring that would affect 7,000 employees worldwide.
Microsoft also took a charge of $940 million related to job cuts announced this month and last year.
Nokia, the Finnish mobile handset major, is planning to locate its Network Operations Centre, for Asia operations, in Chennai, Union Minister for Communications and Information Technology, Dayanidhi Maran, said on Monday.\n\n
While 89 per cent of executives in India said innovation was key to economic growth, in the US, only 72 per cent said innovation was important.
BlueRun Ventures and Nokia Growth Partners, two venture capital firms supported by Nokia Corporation, hope to invest in one or two Indian start-up companies every year, senior executives said on Tuesday.
Nokia has expanded the range of its smartphones with the launch of two new devices - Lumia 1320 and Lumia 525.
Mobile device firm Nokia on Wednesday opened its 120-seater India call centre here to serve local customers in Indian languages.
Check out some of the most exclusive handsets by two of the leading mobile manufacturing companies.
Finland's Nokia on Wednesday announced opening its first satellite design studio, in Bangalore, signalling the growing importance the world's biggest mobile handset maker attaches to India.
Telecom equipment provider Nokia Siemens Networks (NSN) bagged a $700-million network expansion deal from the country's top service provider, Bharti Airtel.
Nokia has officially revealed its first Windows Phone 8 handsets, the Lumia 920 and 820. Pricing and release dates were not shared at the event, but more details can be expected in the fourth quarter.
Terming India as the fastest growing mobile market in the world, Nokia chairman and CEO Jorma Ollila said he saw over 80% of global mobile subscription growth coming from new growth markets like India, China, and Russia in the next five years.
This studio will explore a range of design trends and themes, including detailed research into colour and material trends in India.
State-run telecom major BSNL's plans to expand the GSM network has again come across a hurdle with Nokia Siemens Networks (NSN) refusing to accept its share of the 22.5-million-lines contract due to price differences.
The Nokia Lumia 1320 is for someone who is comfortable with huge devices and of course Windows Phone operation system. Samsung Galaxy Grand 2 though looks attractive than the Lumia 1320 in terms of camera and processor.
The Finnish handset maker is out of the top spot globally, but is still going strong in India, courtesy 'Asha'.
Nokia, the phone handset manufacturer, on Wednesday announced an investment of up to $150 million over next four years to set up a manufacturing facility in India, which would also give employment to about 2,000 people.
Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.
India is hopeful of attracting about $900 million investment from global telecom suppliers, including Nokia, Alcatel, Motorola and Ericson to set up manufacturing facilities in the country.
Effectively priced, the new series will heat up the mid-level phone market. Samsung Rex beware
The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.
Cellular service provider Airtel on Wednesday extended BlackBerry wireless services to select Nokia and Sony Ericsson mobile handsets, extending the 'e-mail on phone' facility to a larger user base.
Nokia Siemens Networks plans to increase manpower at its Global Network Solutions Centre (GNSC) in Chennai to 1,800 from 1,000 by the end of 2011 to meet growing demand.
Making the Pixel 8 in India will not necessarily bring the price down -- witness iPhones made in India that are more expensive than those in the US and Dubai.
Price before taxes and subsidies is Rs 17,300.
How Motorola climbed from No. 5 to No. 2 in 12 months?
The government on Wednesday granted approval to Nokia, Wipro, Hewlett Packard, Reliance, Biocon, Ranbaxy Laboratories, Mahindra and Mahindra, Reliance energy and Adani Group's to set up Special Economic zones.
The nokia defective battery controversy having come in handy, the grey market is cashing in on the the opportunity, pushing up sales of new Chinese phones that have hit the market lately.
Nokia, which shipped 25 million handsets from its Chennai handset plant last year, is readying itself for a bigger expansion that includes increase in exports and ramping up of its ecosystem at its special economic zone in Chennai.
As many as 15 multi-national firms like Nokia, Sony, Samsung and Ericsson have been found guilty of violating foreign exchange regulations and a penalty of over Rs 42 crore (Rs 420 million) has been imposed on them.
Nokia Money works with basic feature phones. It allows most basic monetary transactions ranging from mobile top-ups to ticket booking, without the necessity of having a bank account. But are we ready?
Putting to rest speculations over the price of its recently launched Mini booklet 3G, Finnish handset major Nokia on Wednesday said it will retail globally the personal computer at 575 euro (about Rs 40,000).
The world's largest handset maker, Nokia on Monday launched new version of flagship N97 smartphone - N97 Mini - in the Indian market priced at Rs 30,939.The N97 Mini features a tilting 3.2" touch display, qwerty keyboard and fully customisable homescreen. Though N97 Mini has less in-built memory than its big brother N97, but the selling point of the new version is 'lifecasting'.
Gearing up to meet the challenges of next generation mobile services -- 3G, the world's largest handset maker, Nokia, on Wednesday announced a slew of new services like music online and location based services to be made available on its new phones, to be launched shortly.
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