Corporate India faces governance risks

A MSCI report has raised corporate governance concerns at top Indian companies that are also part of its global investment index, the MSCI ACWI, an investment compass for institutional investors worldwide. Calling Indian companies "underperformers" relative to the overall MSCI ACWI Index, the report flags issues of feuds and succession-planning at family conglomerates, royalties-over-dividends strategy among multinationals and weak minority-shareholder protection at state-owned behemoths. Here's a look...