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Less than ten days after Reebok India lodged an FIR against two of its former employees for allegedly masterminding a scam to the tune of Rs 870 crore, its parent Adidas had already been silently conducting private investigations of its own ...
May 29, 2012 at 17:32 | Source: MoneyControl.com
New Delhi: Corporate affairs minister Veerappa Moily on Tuesday said “something wrong” has been found in the books of Reebok India, which has accused two of its former top executives of a Rs 870-crore fraud. The minister also said the matter has now ...
May 29, 2012 at 09:04 | Source: Livemint.com
New Delhi: The case of alleged financial irregularities at the Indian arm of Adidas AG’s Reebok unit was referred to the Serious Fraud Investigation Office (SFIO) by the government on Monday. The move follows scrutiny of Reebok India’s accounts by the ...
May 29, 2012 at 17:25 | Source: Livemint.com
Reebok India has lodged a police complaint against former managing director Subhinder Singh Prem and ex-chief operating officer Vishnu Bhagat accusing them of commercial and financial irregularities. The firm alleged that the two set up secret warehouses ...
May 23, 2012 at 12:38 | Source: BBC News
Reebok India, owned by Germany's Adidas, lodged a police complaint against two former top executives accusing them of fraud that had led the company to lose Rs 8,700 crore (USD 157 million). The alleged fraud would be the most high-profile ...
May 23, 2012 at 08:13 | Source: MoneyControl.com
The Rs. 870-crore Reebok scam seems to be drawing attention of multiple investigating agencies as they would be looking into various aspects — from tax evasion to money laundering, while the company is likely to face a dent in its financials.
May 25, 2012 at 18:20 | Source: Hindustan Times
Gurgaon: Reebok India, owned by Germany's Adidas, lodged a police complaint against two former top executives accusing them of fraud that had led the company to lose Rs 870 crore ($157 million). The alleged fraud would be the most high-profile ...
May 23, 2012 at 12:38 | Source: NDTV
The I-T department has launched a probe into the finances of Reebok India, which has filed a fraud case against its two former employees, even as the Gurgaon Police said the company’s claim of Rs 870 crore deceit is “far from reality” and ...
May 25, 2012 at 01:23 | Source: firstpost.com
While Reebok India has only named two senior company officials in the alleged fraud complaint which has cost the company Rs 870 crore, an Economic Times  report today says that many more Reebok India employees may face investigation for the ...
May 24, 2012 at 03:40 | Source: firstpost.com
Gurgaon, May 26 (PTI) A local court today rejected the anticipatory bail plea of Reebok India''s former MD Subhinder Singh Prem and COO Vishnu Bhagat in connection with the Rs 870 crore alleged fraud in the company. The two top former executives'' counsel ...
May 26, 2012 at 16:24 | Source: MSN India