Tag Archives: $3.5

Commerce Minister Says India Aspires To Reach 3.5% Of Global Trade By 2020

Commerce Minister Nirmala Sitharaman said India’s share is 2% of total global trade. Commerce Minister Nirmala Sitharaman said India’s share is 2% of total global trade. New Delhi: Commerce Minister Nirmala Sitharaman on Saturday said that India should reach 3.5 per cent of total global trade by 2020 from its current share of two per cent. “Our share is 2 ... Read More »

Uber to make investments ‘sizable component’ of $3.5 Billion investment on India

online taxi aggregator Uber will invest in India a “big portion” of the $three.5-billion (roughly Rs. 23,213 crores) funding raised from Saudi Arabia’s sovereign wealth fund, as the us-based company is looking to overtake nearby rival Ola. Uber has raised $three.5 billion from Saudi Arabia’s sovereign wealth fund, valuing the company at $62.5 billion (kind of Rs. four,20,544 crores) and ... Read More »

Foxconn Seals $3.5 Billion Takeover of Sharp as Execs Seek to Shake Off Doubts

Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp can turn around its ebbing fortunes. At a packed news conference following the signing of the $3.5 billion deal, Foxconn CEO Terry Gou ducked questions about ... Read More »