Microsoft has agreed to acquire Nokia's Devices & Services business for 5.44 billion euros, making Microsoft the largest Windows Phone hardware vendor. This will integrate Microsoft's Windows Phone OS with Nokia's hardware, bringing home Nokia's Lumia smartphones featuring Windows Phone. The deal will see Microsoft take control of Nokia's smartphone business and license Nokia's patents.

2. The home country of the world’s no.2
sports goods maker Adidas is…

3. Ans :Germany

4. The Tatas are planning to enter which segment of Business?

5. Ans : Helicopter servicing Business

6. First Flight Couriers, the country’s largest
domestic courier company plans to foray itself
in which segment?

7. Ans : Logistics

8. Which Indian Car Company became the 1st to design & make
a Sports utility vehicle in an American Market?

9. Ans : Mahindra & Mahindra

10. Discount retailer Subhiksha has tied up with which networks company to
deploy in out of home media network for its retail stores?

11. Ans : Jive Networks

12. Microsoft to buy Nokia handset business
for 5.44 bn euros, bring home Lumia

13. Nokia Lumia 920 featuring Windows Phone
It has finally happened. Nokia Corporation has
announced that it has "signed an agreement to enter
into a transaction" whereby it will "sell substantially
all of its Devices & Services business and licence its
patents to Microsoft for 5.44 billion Euros in cash,
payable at closing". This will integrate the Microsoft's
Windows Phone operating system with its largest
hardware vendor by far.