Nokia to pay more money to restore its factories in India

 

We all know that occur kaleidoscope of Nokia in India about the taxes, and that does not read its still a Finnish company and Microsoft alike. Since the Supreme Court ruled on Nokia to pay $ 571 million to be approved on the transfer of ownership of the plant to Microsoft, after the court rejected the appeal Nokia, which prompted the manufacturer to provide $ 367 million for the guarantee in order to secure the factory from the government.

 This comes because of what it requested the Indian government of taxes owed over the years, and this transaction is not received by Nokia alone, but shared by other international companies. Originally consequent Nokia pay is $ 326 million, but the fines and benefits inflated the amount of $ 3.4 million. For its part, Nokia announced its disappointment because of this decision, but if you can not transfer ownership of the Nokia factory to Microsoft, the plant will work to Microsoft's service for a period of time under a contract signed by both parties.

There is the option of last resort, which is the closure of the plant, what will make the 8 thousand Indian expelled outside the factory, and Microsoft will lose the factory is very important and the market is also important, as that Nokia itself will lose some of the money from the deal and is expected to be completed Inhih this month, I believe that this option is not Ward, because it is a loss for all parties.

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