E-PaperLucent News
Nokia to cut a third of jobs at French arm Alcatel-Lucent
Nokia says the staff reduction was needed because of significant cost pressuresThe announcement has political resonance in France as Nokia bought the unit five years ago on condition it would keep jobs
1 min read22 Jun 2020Nokia makes loss on low demand and costs of Alcatel-Lucent deal
Combined net sales of Nokia and Alcatel-Lucent were 5.6 billion in the second quarter, compared with Nokia's 2.9 billion last year before the merger
1 min read4 Aug 2016Nokia moves to finalise acquisition of Alcatel-Lucent
Nokia expects to cross 95% ownership in Alcatel-Lucent, announces its intention to file a public buy-out offer in cash for the remaining securities
1 min read16 Jun 2016Why is Warren keen to ‘Cook’ an ‘Apple’ ‘Buffet’?
Warren Buffett's money in Apple may signal that it is no more the high-growth stock it used to be; instead it falls in the boring investments category Berkshire prefers
8 min read2 Jun 2016Nokia cuts over a thousand jobs
Layoffs in Finland part of cost-cutting programme after Nokia's Alcatel-Lucent acquisition
1 min read21 May 2016Nokia revenue misses estimates amid waning carrier spending
Sales in the first quarter fell 9% to 5.6 billion euros
1 min read10 May 2016Sandeep Girotra named head of Nokia India
Girotra to oversee Nokia and Alcatel-Lucent's customer operations across India, driving the execution of strategy and ensuring superior customer service
1 min read16 Nov 2015Nokia-Alcatel appoints Sandeep Girotra as India head
Girotra would oversee the combined company's customer operations across India, driving the execution of strategy and ensuring superior customer service
1 min read16 Nov 2015Nokia’s Alcatel approvals ahead of plan as Suri meets Macron
Rajeev Suri says govt approvals for the $17.6-billion takeover of Alcatel-Lucent SA are progressing faster than expected
3 min read23 Sep 2015Uber bids for Nokia’s mapping service: report
Uber has submitted a bid for Nokia's map business, HERE, for as much as $3 billion, according to the report
1 min read8 May 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared