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Tag: indian
Investkonsult sets up Indian JV
2014-02-13 06:00:00| Nonwovens Industry Breaking News
Nokia loses court ruling in Indian tax dispute
2014-02-12 15:18:00| Telecompaper Headlines
(Telecompaper) Nokia faces a setback in plans to transfer its Indian handset assets to Microsoft, after a new court ruling set additional conditions on the deal. In December, Nokia appeared to win an important reprieve in the group's USD 1.1 billion tax dispute in India, when a court in New Delhi ruled that company could transfer the Chennai factory. However, last week another court ruling imposed extra conditions on the company, which it said were "unacceptable", the Financial Times reports. Nokia said it would not be able to transfer the assets and the ruling puts the continuity of its operations in India in jeopardy. It has filed an appeal with the Supreme Court in the hope of reversing the ruling. The court asked Nokia to make an open-ended guarantee that the company would meet any future tax claims relating to the dispute. Nokia said this would stop the group defending itself against claims, a step it is unwilling to take. Nokia's original dispute related to tax allegedly due on payments by the group's Indian subsidiary to its Finnish parent.
GSK's $1 billion share tender offer for Indian unit to start February 18
2014-02-10 16:55:57| Biotech - Topix.net
The British parent company is looking to buy up to 20.6 million shares of the Indian unit at 3,100 rupees a share.
Tags: start
february
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Indian Navy eyes new sonar system for warships
2014-02-10 01:00:00| Naval Technology
The Indian Navy plans to install Atlas Elektronik-developed sonar systems on the domestic-built Mazagon Dock-built Delhi-class and Russian-origin Talwar-class warships to boost anti-submarine warfare capabilities
Perstorp to Introduce Capa Range of Products to Indian Coatings Market
2014-02-07 06:00:00| Coatings World Breaking News
Tags: products
range
market
indian
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