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News: Indian court rejects Nokia appeal over asset transfer to Microsoft

India's Supreme Court on Friday ordered Nokia to give a 35 billion rupee ($572.5 million) guarantee before it transfers one of its biggest handset plants to Microsoft Corp. The ruling upheld a lower court verdict over the plant in Chennai, which is the subject of a tax dispute, and had been challenged by the Finnish company. Nokia's case is one of several high-profile tax disputes involving foreig...

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Yahoo!News (Date:03/14/2014 11:44)

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India: India , officially the Republic of India [c], is a country in South Asia. It is the seventh-largest country by area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the south-wes
- India Wikipedia
Microsoft PhotoMicrosoft: Microsoft Corporation is an American multinational software corporation headquartered in Redmond, Washington that develops, manufactures, licenses, and supports a wide range of products and services related to computing
- Microsoft Wikipedia
Nokia PhotoNokia: Nokia Corporation is a Finnish multinational communications and information technology corporation that is headquartered in Espoo, Finland. Its principal products are mobile telephones and portable IT devices. It also offers Internet services including applications, games, music, media and messagi
- Nokia Wikipedia - Nokia Videos
Vodafone PhotoVodafone: Vodafone Group plc is a British multinational telecommunications company headquartered in London and with its registered office in Newbury, Berkshire. It is the world's second-largest mobile telecommunications company measured by both subscribers and 2011 revenues , and had 439 million subscribers a
- Vodafone Wikipedia
Royal Dutch Shell PhotoRoyal Dutch Shell: Royal Dutch Shell plc , commonly known as Shell, is an AngloDutch multinational oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the biggest company in the world in terms of revenue and one of the six oil and gas "supermajors
Friday: Friday is the day between Thursday and Saturday. In countries adopting Monday-first conventions as recommended by the international standard ISO 8601, it is the fifth day of the week. It is the sixth day in countries that adopt a Sunday-first convention, as in the Abrahamic tradition. In other coun
Chennai: Chennai itna is the capital city of the Indian state of Tamil Nadu. Located on the Coromandel Coast off the Bay of Bengal, it is a major commercial, cultural, economic and educational center in South India. The area around Chennai had been part of successive South Indian kingdoms through centuries.
Supreme Court: A supreme court is the highest court within the hierarchy of many legal jurisdictions. Other descriptions for such courts include court of last resort, instance court, judgment court, apex court, and highest court of appeal. Broadly speaking, the decisions of a supreme court are not subject to furth
Microsoft Corp: Coordinates: 473822.55N 122742.42W 47.6395972N 122.12845W 47.6395972 -122.12845
Royal Dutch PhotoRoyal Dutch: Royal Dutch Shell plc , commonly known as Shell, is an AngloDutch multinational oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the second largest company in the world in terms of revenue and one of the six oil and gas "sup