Religare alleged that InGovern, founded by Shriram Subramanian, had published a defamatory report on its website without any verification and without studying information available in the public domain. "What is even more astonishing is that InGovern did not even bother to reach out to Religare for feedback or to have an understanding of the correct facts, which would have ensured that the report projected a true and balanced picture," said Religare Enterprises chairperson Rashmi Saluja.
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