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Why Is Zee Stuck In A Legal Battle With Its Foreign Investor: Explained

Why Is Zee Stuck In A Legal Battle With Its Foreign Investor: Explained

NDTV
Saturday, October 09, 2021 09:20:49 AM UTC

Zee Entertainment is locked in a legal battle with one of its biggest foreign investors, Invesco, after it called for ouster of the TV network's CEO citing concerns around corporate governance.

Zee Entertainment is locked in a legal battle with one of its biggest foreign investors, Invesco, after it called for ouster of the TV network's CEO citing concerns around corporate governance.

Zee has said it has tightened its governance processes. But the dispute comes at an fraught time for one of India's biggest news and entertainment TV groups as it recently started merger talks with the local unit of Japan's Sony Group Corp.

What Are Invesco's Demands?

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