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PFS CEO R Balaji addressed the recent resignations of three independent directors, denying knowledge of any issues or difficulties in impartial functioning cited by them. He maintained board meetings were harmonious and the company boasts an independent board. Balaji confirmed ongoing communication with former directors while outlining PFS's four-pillar transformation plan, expressing confidence despite emerging governance questions.
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If no deal is struck by the end of Tuesday, the US will have its first shutdown in nearly seven years.
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The health secretary says "it's not happening", as ministers face questions about the prospect of tax rises.
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