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HDFC Bank Denies Charges By US Law Firm

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HDFC Bank Denies Charges By US Law Firm

Private sector lender HDFC Bank on Monday denied allegations of wrongdoing under its lending business. The bank said it would vigorously defend a lawsuit filed against it in the US.

In the information given to the stock exchange, the bank said, ‘The suit has been filed by the sole small shareholder who wants to represent a section of the bank’s shareholders. This is based on the allegations that the bank’s ADR share price declined in July 2020 due to a shareholder claim. The bank denies those allegations and wants to vigorously defend itself in the suit.

The bank said it expected its response to the lawsuit in early 2021. The bank said in its filing, “Since the case is still in a preliminary stage and there is no need to disclose anything at the moment.”

Class action against US law firm Rosen Law Firm and Scal Law for allegedly making misleading public disclosures and failing to inform investors about internal control of borrowing activities in the operation of its vehicle financing unit Has filed suit.

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News Source: EconomicTimes

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Lifestyle

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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