SEBI Uncovers $240 Million Discrepancy in Zee Entertainment’s Accounts
Highlights: Securities and Exchange Board of India (SEBI) reveals a discrepancy exceeding $240 million in Zee Entertainment’s accounts. Investigation implicates Zee Group’s founders, Subhash Chandra and CEO Puneet Goenka, in alleged fund diversions. Discrepancy ten times higher than initially estimated, underscoring the severity of findings. Zee Entertainment’s attempts to revive failed merger with Sony Group…