0
Wireless

Nokia offers voluntary retirement to Chennai plant workers

Wednesday 16 April 2014 | 02:09 CET | News
Nokia India has said that its voluntary retirement scheme for employees of its Chennai plant is entirely optional. The plant employs around 8,000 workers but has been scaling down operations. Employees at the plant claimed Nokia is forcing them to accept the voluntary retirement scheme. Recently, the Supreme Court rejected Nokia's appeal and did not allow the company to transfer its assets to Microsoft as part of the two companies' USD 7.2 billion deal. Nokia is in a tax dispute which has stopped its plan to sell the factory to Microsoft. If the facility is not transferred, the plant will

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Microsoft / Nokia
Countries: India
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Nokia finds 'very serious' buyer for Chennai plant - report

Published 13 Apr 2015 07:38 CET | India
Nokia has identified a "serious" buyer for its manufacturing plant in Chennai, The Economic Times reports, citing Tamil Nadu ...

Nokia to halt operations in Chennai

Published 07 Oct 2014 21:25 CET | India
Nokia is suspending manufacturing at its cellphone factory in Chennai, India, as a result of its dispute with the country's tax ...

Microsoft appoints Mehta as head of Nokia India ops - report

Published 29 Sep 2014 09:30 CET | India
Ajey Mehta will take over the position of head of Microsoft Devices India (formerly Nokia India), as managing director, Business ...

Nokia seeks arbitration in Indian tax dispute

Published 15 May 2014 11:02 CET | India
India is seeking international arbitration with India's government over the tax dispute that prevented the transfer of its main ...

Nokia excludes Indian phone factory from deal with Microsoft

Published 24 Apr 2014 17:20 CET | India
Nokia will exclude its India mobile phone factory from a EUR 5.44 billion agreement to sell its mobile phone business to US ...

Nokia closes branch in Kazakhstan - report

Published 21 Apr 2014 10:19 CET | Kazakhstan
Nokia has closed its branch office in Kazakhstan, reports Profit.kz. Nokia Kazakhstan official accounts on social networks, as ...

Nokia plant employees stage hunger strike

Published 28 Mar 2014 01:50 CET | India
Employees at Nokia's handset plant in Chennai will go on a one-day hunger strike on 31 March. The employees are concerned about ...

Nokia defends Tamil Nadu sales tax claims

Published 22 Mar 2014 17:12 CET | India
Nokia has filed a writ to the Madras High Court to contest a claim from the Tamil Nadu tax department, which has moved to assess ...

Supreme Court rejects Nokia's appeal

Published 17 Mar 2014 02:55 CET | India
India's Supreme Court has rejected Nokia's appeal against a Delhi High Court order which directed the company to give a guarantee ...

Court seeks valuation of Nokia India assets in tax case

Published 14 Mar 2014 02:23 CET | India
India's Supreme Court is seeking a valuation of the assets of Nokia India before examining the dispute between Nokia and the ...

Nokia told to solve India tax dispute

Published 04 Mar 2014 10:19 CET | India
The Indian Supreme Court today asked Nokia India to bring out a concrete proposal to settle its tax dispute with the income tax ...

Nokia says India tax case to not affect Microsoft deal close

Published 17 Feb 2014 09:01 CET | World
Nokia said it's recent setback in a tax case in India would not affect the planned closing of the sale of of its mobile phone ...

Nokia loses court ruling in Indian tax dispute

Published 12 Feb 2014 15:18 CET | India
Nokia faces a setback in plans to transfer its Indian handset assets to Microsoft, after a new court ruling set additional ...

Court rejects order for Nokia to put INR 35 bln in escrow

Published 27 Jan 2014 01:43 CET | India
The Delhi High court has rejected the request of India's income tax department to order Nokia to deposit INR 35 billion into an ...

Nokia wins reprieve in India tax battle

Published 12 Dec 2013 13:26 CET | India
Nokia has won a crucial reprieve in its tax battle with India's government, with a court in New Delhi ruling that the group can ...





Calendar   /   Industry Events

25 Jan Ericsson Q4 2021
25 Jan Verizon Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Uniti Group Q4
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Crown Castle Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan MTN Nigeria Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Elisa Q4 2021
27 Jan Comcast Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
28 Jan Charter Communications Q4
::: More Calendar Items