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Reebok India

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Rs 1,087 crore: That's how much Reebok India fiasco cost Adidas

Mar 07, 2013

Rs 1,087 crore: That's how much Reebok India fiasco cost Adidas

German sportswear giant Adidas today said its balance sheet for 2011 is negatively impacted by euro 153 million (over Rs 1,090 crore) due to 'commercial irregularities' at its arm Reebok India Co. #Numbers #Adidas #Reebok India #Commercial Irregularities
Reebok India 'scam' is really financial mismanagement: Agencies

Sep 23, 2012

Reebok India 'scam' is really financial mismanagement: Agencies

Agencies probing an alleged Rs 870 crore corporate fraud in the operations of Reebok India, have said they have detected a systemic "mismanagement" in the business planning and running of the company. #finance ministry #ConnectTheDots #Income tax #Serious Fraud Investigation Office #Reebok India #Economic Offences Wing
Reebok ex-MD and COO arrested in Rs 870 cr fraud case

Sep 20, 2012

Reebok ex-MD and COO arrested in Rs 870 cr fraud case

Reebok India's sacked MD Subhinder Singh and former COO Vishnu Bhagat were arrested along with three others for their alleged involvement in a Rs 870-crore fraud in the company. #NewsTracker #Reebok #Reebok India #MD Subhinder Singh #Rs 870 cr fraud case
Reebok asks unhappy partners to sell items at 50% off and exit

Aug 31, 2012

Reebok asks unhappy partners to sell items at 50% off and exit

Sportswear major Reebok India has asked its franchisees, who are unwilling to move to a 'new business model', to liquidate products at discounts of up to 50 percent, while giving them time till November-end to exit. #CorporateStrategy #Reebok India #Scam #Franchisees
Here's what Reebok's restructuring plan looks like

Aug 14, 2012

Here's what Reebok's restructuring plan looks like

Reebok will position itself as the 'fitness' brand in India with a clear intention of growing the brand here. #CorporateStrategy #Adidas #VRS #Reebok India #CNBC-TV18Exclusicve
Reebok probe delayed due to lack of details: ICAI

Jul 11, 2012

Reebok probe delayed due to lack of details: ICAI

Chief accounting regulator ICAI has hit a major hurdle in the Reebok fraud case as the company and its auditors are unwilling to share proper details about the probe. #Fraud #ICAI #CNBCTV18Exclusive #Reebok India
Reebok's auditors give co clean chit, say no accounting fraud

Jul 02, 2012

Reebok's auditors give co clean chit, say no accounting fraud

Reebok's auditors have informed that there was no accounting wrong doing in the company which has filed Rs 870-crore fraud case against two of its former employees. #CompanyWatch #Reebok India #Chartered Accountant #accountant #sportswear maker
Another Satyam? Reebok's sacked MD,COO booked for Rs 8,700 cr fraud

May 23, 2012

Another Satyam? Reebok's sacked MD,COO booked for Rs 8,700 cr fraud

Reebok India has alleged a Rs 8,700 crore fraud by its former Managing Director Subhinder Singh Prem and former Chief Operating Officer Vishnu Bhagat or siphoning off the company's money to ghost companies. #NewsTracker #Byrraju Ramalinga Raju #Adidas #Reebok India #Shahim Padath