As per Bloomberg reports, SEBI has discovered a discrepancy of over $240 million in the accounts of Zee Entertainment Enterprises Ltd.
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… accounting discrepancy within the company. These reports also suggested that SEBI's investigation into ZEE's founders revealed potential diversion
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Zee Entertainment Enterprises shares plummeted due to a $241 million accounting issue and the failed merger with Sony. Sebi investigation into Zee
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Tech consulting is becoming an important business for accounting and consulting firms, but conflicts of interest can arise when clients seek out
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Sebi's findings add to Goenka's woes, as the Zee CEO tries to reassure investors after its $10 billion merger plan with Sony fell apart.
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