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Amount of Reebok fraud appears inflated: SFIO
An initial probe by the Serious Fraud Investigation Office (SFIO), the investigative arm of the Ministry of Corporate Affairs, into the Reebok India scam suggested the amount of Rs 870 crore as alleged by the company’s German parent, appeared “exaggerated”. “We have started investigation and from the initial inquiry, it looks like the amount of fraud, as quoted by the company,

Reebok probe will take 4-5 months: SFIO

The Serious Fraud Investigation Office (SFIO) would give a report in four to five months on its scrutiny of the controversial Reebok India case, allegedly involving Rs 870-crore fraud by two former

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Moily says Reebok not cooperating in probe, case referred to SFIO

Stating that Reebok India Company was not cooperating in the investigation of a commercial irregularities case against it, the Ministry of Corporate Affairs on Tuesday decided to refer the matter to

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No further concrete gains, cement stocks under pressure

After hitting a 52-week high in February, shares of cement companies are back in reverse gear. At a time when the benchmark indices have lost a little more than three per cent after their latest

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Banks, cap goods firms dominate BSE Greenex

The Bombay Stock Exchange (BSE) on Wednesday launched the first environmental-friendly equity index, BS Greenex, which would enable investors to take more informed decisions in the country's green

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Moily, Modi condole VS Acharya death
New Delhi, Feb 14 (IBNS) Union Minster for Corporate Affairs M. Veerappa Moily and Gujarat chief minister Narendra Modi have condoled the death of Karnataka Minister for Higher Education and senior Bharatiya Janata Party (BJP) leader V.S. Acharya, who died in Bangalore on Tuesday.

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