Markets Weekahead

A broker reacts while trading at a stock brokerage firm in Mumbai September 29, 2008. REUTERS/Arko Datta/Files

Too good to last much longer

The markets have run up too fast too soon to sustain without a healthy correction. In the near term, global markets cues, FII activities and rupee movement remain the key, writes Ambareesh Baliga.  Full Article 

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Defence Pact

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Dassault Aviation, Reliance in defence pact.  Full Article 

Selling Citizenship

Selling Citizenship

SPECIAL REPORT - Passports... for a price.  Full Article 

A petrol bomb explodes near riot police during a huge anti-austerity demonstration in Athens' Syntagma (Constitution) square February 12, 2012. REUTERS/Yannis Behrakis

Greek Debt Crisis

Protesters battle Greek police as parliament decides austerity.  Full Article 

Bharti Fined

Bharti Fined

Burkina Faso fines telcos including Bharti over service faults.  Full Article 

Analysing Facebook

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Video: Jack & Suzy Welch: IPO hangover may change Facebook forever.  Video 

DLF Results

DLF Results

DLF Q3 net falls 45 pct, sees more gloom ahead.  Full Article 

Oil Demand

Oil Demand

IEA cuts 2012 oil demand growth forecast yet again.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Stock recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Nokia Siemens to spend $70 mln on new India plant

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PICTURE GALLERY

A Hindu devotee with a pierced tongue takes part in a procession during the Thaipusam festival in Kochi February 7, 2012. REUTERS/Sivaram V

India this week

A selection of the best photos from the past seven days from India.  Slideshow 

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NEW DELHI | Thu Oct 16, 2008 5:10pm IST

NEW DELHI Oct 16 (Reuters) - Telecoms network gear maker Nokia Siemens Networks [NSN.UL] said it will invest $70 million over three years in a new Indian factory that will make and distribute mobile communication equipment.

The new facility is near the southern city of Chennai. Nokia Siemens also has a manufacturing facility in Kolkata in eastern India, where it makes fixed network equipment.

Nokia Siemens is the second-largest network gear provider in India, trailing only Ericsson (ERICb.ST), according to data compiled by technology publication CyberMedia. (Reporting by Devidutta Tripathy; Editing by John Mair)

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