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Amazon’s “Public Notice” Newspaper Ads Accuse Future, Reliance Of “Fraud”

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Amazon’s “Public Notice” Newspaper Ads Accuse Future, Reliance Of “Fraud”

Amazon has been contesting the planned $3.4 billion sale of Future Group’s retail assets to Reliance, first announced in 2020. The case is currently before the Indian Supreme Court. Amazon accuses the two retailers of fraud in newspaper ads after Reliance Industries suddenly took over many of Future Retail stores.

Online retail giant Amazon has accused Reliance Industries of “playing a fraud on the constitutional courts in India” by taking control of Future Retail chain stores. The company’s staff showed up at many of Future biggest stores to assume control, sources have told Reuters. Internet retailer Future and its owner Reliance did not immediately respond to requests for comment.

Future has said in filings this month that it could not pay rent at many outlets given its distressed financial situation and that Reliance, which had taken over many of its leases, had issued it with termination notices. Amazon’s public outcry comes even though on March 3 it offered to hold talks.

Online retail giant Amazon has taken out newspaper ads in India to alert stakeholders, including lenders, that the transfer of assets to Reliance Retail is legally prohibited. Amazon is concerned that Reliance is continuing to take over Future stores even as talks continue, a source with direct knowledge of the matter said.

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10 best activities hacks for the better lifestyle for Business Managers.

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10 best activities hacks for the better lifestyle for Business Managers.

Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.

Mindfulness at Work lifestyle

Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.

Regular Exercise Breaks

Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.

Nutrition and Healthy Eating

Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.

Time Management Workshops

Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.

Skill Development Seminars

Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.

Flexible Work Arrangements

Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.

Social Engagement

Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.

Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.

Pursuing Hobbies and Interests

Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.

Encouraging Employee Wellness

Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.

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