Nokia says wins favourable ruling from court on assets freeze

NEW DELHI (Reuters) - Nokia Corp, which is in a $333 million tax dispute with Indian authorities, said the Delhi High Court last week ruled in the company's favour in a case where the tax office froze some of its assets.

"We are now working closely with the tax authorities to ensure that the parties will find a comprehensive solution to the remaining open issues, and discussions have been constructive," the Finnish company said in a statement, declining to comment further.

Nokia, which has agreed to sell its handset business to Microsoft Corp , said it had sufficient assets in India to meet its tax obligations and would share details of it with tax authorities to allay any concern. (Reporting by Devidutta Tripathy; Editing by Anand Basu)