logo
Modi, Marcos Pledge Closer Defense Ties Amid Rising China Threat

Modi, Marcos Pledge Closer Defense Ties Amid Rising China Threat

Bloomberg17 hours ago
Indian Prime Minister Narendra Modi and Philippine President Ferdinand Marcos Jr. met in New Delhi on Tuesday and agreed to deepen their military partnership, at a time when China is becoming increasingly assertive in the Indian Ocean.
'We have agreed to continue leveling up our collaboration in defense and security,' Marcos said at a briefing in New Delhi, adding that the 'expanding capabilities and footprint' of India's domestic defense manufacturing industry would support the Philippines' ongoing military modernization.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

NSDL Set to Debut After $464 Million India IPO Oversubscribed
NSDL Set to Debut After $464 Million India IPO Oversubscribed

Bloomberg

time2 minutes ago

  • Bloomberg

NSDL Set to Debut After $464 Million India IPO Oversubscribed

National Securities Depository Ltd. 's shares are set to begin trading in Mumbai on Wednesday, following an initial public offering that was oversubscribed more than 41 times amid a resurgence in capital markets. The IPO, which raised about 40.1 billion rupees ($464 million), drew bids for 1.44 billion shares against 35.1 million on sale. Shares were priced at 800 rupees apiece, the top end of the marketed range.

STEELCASE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Steelcase Inc.
STEELCASE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Steelcase Inc.

Business Wire

time31 minutes ago

  • Business Wire

STEELCASE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Steelcase Inc.

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of Steelcase Inc. (NYSE: SCS) to HNI Corporation (NYSE: HNI). Under the terms of the proposed transaction, shareholders of Steelcase will receive $7.20 in cash and 0.2192 shares of HNI common stock for each share of Steelcase that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit Kahn Swick & Foti, LLC 1100 Poydras St., Suite 960 New Orleans, LA 70163

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store