Explainer: Why is Invesco entangled in a legal dispute with Indian TV giant Zee

By Reuters

India's 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. WHAT ARE INVESCO'S DEMANDS? Invesco's legal filings reviewed by Reuters – which are not public – show it wants changes at Zee in light of corporate governance and financial irregularities that have plagued the company, and have even been flagged by India's market regulator.

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Via:: Sports Headlines

      

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