wordpress blog stats
Connect with us

Hi, what are you looking for?

Telco digest: Nokia; CAG audits; Reliance Jio; MTN; BSNL-ISRO; TRAI

Prakash Katama, Director of Nokia India’s Chennai plant has quit and the position is being taken up by V Sembian, head of product and process engineering, reports Business Standard. Sources also told the publication that about 200 of the 700 trainees at the factory had accepted the voluntary retirement package offered by Nokia. The package to trainees includes the gross salary for three months and compensation of Rs 2 lakh. There have also been allegations these employees were forced to opt for VRS. The plant is stuck in a legal dispute as of now in Supreme Court and at Madras High Court following its purchase by Microsoft. The company has filed a write at the Madras High Court and it said in a statement that it considers the claim to be completely without merit and counter to domestic tax laws. Supreme Court had ordered the Finnish company to give a Rs 3,500 crore guarantee and waive off some of its rights to legal defence before it transfers the factory to Microsoft. Due to these issues there have also been rumours of Nokia leaving out the plant from Microsoft deal. This is a possibility since the company is contractually obliged to transfer all its assets to Microsoft by the end of this month. However, it doesn't look like the company will be able to meet that deadline. * SC okays CAG audit The Supreme Court ruled that the Comptroller and Auditor General (CAG) was empowered to examine the accounts of private telecom companies, reports Indian Express.  The…

Please subscribe/login to read the full story.
Written By

I'm passionate about technology and gaming. You can follow me <a>@chupchap</a>

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ