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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 Gurgaon Police, which is investigating the alleged Rs 870-crore fraud in Reebok India by former MD Subhinder Singh Prem and COO Vishnu Bhagat, on Thursday said the company's claim is "far from reality" and the amount "would be less". "The amount ...
May 24, 2012 at 12:44 | Source: Daily News and Analysis
A local court 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 had filed a bail ...
May 27, 2012 at 04:05 | Source: MoneyControl.com
The Corporate Affairs Ministry, on Wednesday, ordered a scrutiny of the books of accounts of sportswear maker Reebok's Indian arm over complaints of an alleged Rs.870-crore fraud. “We have ordered an enquiry under Sec. 234 of the Companies Act ...
May 22, 2012 at 23:52 | Source: The Hindu
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
Mumbai : 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 Rs8.7 billion (Dh580 million). According to local media reports, the company alleged that ...
May 24, 2012 at 05:42 | Source: Gulf News
New Delhi/Gurgaon: In more trouble for Reebok India, the I-T department has launched a probe into its finances and has begun issuing notices to its executives after an alleged Rs 870-crore fraud case was detected by the company against two of ...
May 24, 2012 at 12:16 | Source: zeenews.india.com
New Delhi: The Corporate Affairs Ministry ordered a scrutiny of the books of accounts of sportswear maker Reebok's Indian arm over complaints of an alleged 870-crore fraud. "We have ordered an enquiry under section 234 of the Companies Act, which is a non ...
May 24, 2012 at 04:38 | Source: Silicon India
It was a zero too many. It rocketed Reebok India fraud next to the Rs. 14,000-crore Satyam scam that tops India’s ‘blacklist’ of corporate misdemeanour and inflated the scale of the swindle 10 times over —from Rs. 870 crore to Rs.
May 23, 2012 at 20:09 | Source: Hindustan Times