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US Secretary of State Rex Tillerson arrives in New Delhi as part of his five-nation tour that would also take him to Pakistan, Saudi Arabia, Qatar and Switzerland. In New Delhi, Tillerson will meet senior Indian leaders to “discuss further strengthening of our strategic partnership and collaboration on security and prosperity” in the Indo-Pacific region.
Afghanistan President Ashraf Ghani is in New Delhi on a day-long working visit. The visit will build upon the recent high level bilateral exchanges between the two countries. He will hold talks with Prime Minister Narendra Modi on furthering the shared objective of promoting security and stability in Afghanistan, and efforts to combat terrorism.
The bi-annual naval commanders conference will begin in New Delhi. Top Navy commanders will hold extensive deliberations over four days on security challenges facing India on the sea front with a focus on China’s rising naval prowess and the surge in its military presence in the Indian Ocean region. The conference will be addressed by Defence Minister Nirmala Sitharaman and top defence ministry officials are expected to attend its various sessions.
IDBI Bank employees will go on a 2-day nation-wide strike to protest the ‘inadequate response’ to the long-pending demand for a wage hike. The latest offer amounts to a hike of 7-8 per cent against a demand of 15 per cent, due from as far back as November 1, 2012.
Infosys will report its results for the second quarter ended September 30, 2017. In a departure from its usual practice, Infosys has delayed the announcement of results by a couple of days — it typically announces its financial numbers at the beginning of the earnings season. Moreover, the company has opted to release results after the trading hours, against usual drill of a morning announcement. The Bengaluru-based firm had been in the eye of a storm over the past few months, with founders and erstwhile board members clashing over allegations of corporate governance lapses and irregularities in Infosys’ USD 200-million Panaya acquisition.
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