Explained: Why Rashmi Saluja’s ouster from Religare is a hard lesson in corporate governance for senior leadership?

Rashmi Saluja, former executive chairperson of Religare Enterprises, was ousted after shareholders voted against her reappointment. Corporate governance issues and disagreements with the largest shareholder, the Burman family, led to her departure. The forced exit of Saluja is a tough lesson for corporate leadership of India Inc, one that reaffirms that it’s the shareholders who matter in the end

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