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COO VISHNU BHAGAT
Despite Hit, Adidas to revive troubled Reebok BrandAdidas said the fraud in India in 2011 made a dent of about Rs 1,500 cr, in its balance sheet for that year, much more than its last year's...
Adidas gets a new MD, Reebok India a New LifeReebok India is bracing for revival under a new leader and perhaps investing in retail operations after being stung by a 870-crore fraud la...
German sportswear major Adidas brings ex-China head Erick Haskell to lead India operationsAdidas group today announced a top management change in India with Erick Haskell, ex-COO of its China operations, coming in to head the bus...
Adidas fraud case: Sacked Reebok executives own 29 properties, says E&YAccording to the report, Prem and Bhagat separately own properties ranging from premium residential apartments to commercial properties.
Reebok's ex-MD, COO among five arrested for fraudReebok India's sacked MD Subhinder Singh and former COO Vishnu Bhagat were today arrested along with three others for their alleged involve...
- SFIO finds dubious deals between Reebok India & parent Adidas AG
870-crore fraud at Reebok India to include certain transactions between the Indian subsidiary and the parent Adidas AG.
Reebok India scales down reported loss on fictitious salesReebok India has told the govt's SFIO that the loss on account of fictitious sales is less than half of what it had originally alleged in i...
Britannia probing staff for supply contract malpracticesBiscuits major Britannia Industries has launched an investigation into suspected employee malpractices in granting of supply contracts.
SFIO 'quickly' coming out with Reebook fraud report: Corporate Affairs Minister Veerappa MoilyThe Serious Fraud Investigation Office (SFIO) is "quickly" coming out with its probe report on the alleged fraud in Reebok India.
Reebok India fraud case: Company may not be able to provide evidenceThe annual accounts of Adidas AG, the German sports goods maker that owns Reebok globally, did not mention any financial irregularities.
Veerappa Moily warns Reebok India against holding back informationReebok India, part of the Germany-based Adidas group, has been holding out on the government's demand of handing over its books.
- Serious Fraud Investigation Office to Scrutinise Reebok India's accounts
The country's fraud detection agency, the Serious Fraud Investigation Office (SFIO), will scrutinise Reebok India's accounts, which is alle...
MCA refers Reebok India fraud case to SFIOCorporate Affairs Minister said "something wrong" has been found in the books of Reebok India, which has accused two of its former execs of...
- Court rejects ex-Reebok MD’s bail plea
A Gurgaon court has rejected an anticipatory bail plea by Subhinder Singh Prem, Reebok India’s former managing director.
- Court rejects bail plea of former Reebok India honchos
A local court today rejected the anticipatory bail plea of Reebok India's former MD Subhinder Singh Prem and COO Vishnu Bhagat in connectio...
Adidas India confiscates goods from warehousesAdidas has confiscated goods from three of the four warehouses where it alleged that its former top executives had stashed products worth R...
- I-T probes Reebok India; police say fraud amount would be less
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.
I-T scanner on Reebok India; dept issues notices to executivesThe I-T department has launched a probe into its finances and has begun issuing notices to its executives after an alleged Rs 870-crore fra...
- Reebok India: Corporate Affairs Ministry orders scrutiny of books
The Corporate Affairs Ministry ordered a scrutiny of the books of accounts of Reebok's Indian arm over complaints of an alleged Rs 870-cror...
- Reebok India alleges Rs 8,700 crore fraud by sacked MD Subhinder Singh Prem and COO Vishnu Bhagat
Reebok India alleged its former MD & COO of stealing products & fudging accounts. If allegations found correct, this would be 2nd biggest c...