DIRS.INFO The most relevant business & tech news

☆ Fact Check: UK government page does not show Israel is a British company
▼ + stars: | 2023-11-15 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Writing a caption to accompany the screenshot, the X user said: “Yet another proof that Israel is owned by British elites. There is no listing for “The State of Israel” as a company on Companies House. Companies House told Reuters in an email that this includes foreign governments. The State of Israel is identifiable as an overseas entity on the Companies House registry by its unique ID, beginning with “OE”, Companies House told Reuters. The screenshot shows Israel registered as an overseas entity owning property in the UK, not a registered UK company.

Persons: Israel ”, ROE, Israel, Read Organizations: Social, Twitter, Facebook, Companies House, OF ISRAEL, House, Overseas, Companies, THE, Overseas Entities, Reuters, Thomson Locations: Israel, British, The State, ., London, Ukraine, State

☆ India court orders Jet Airways founder to remain in custody until Sept. 11
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +1 min

Sept 2 (Reuters) - An Indian court on Saturday decided that Jet Airways (JET.NS) founder Naresh Goyal will remain in India's financial crime agency's custody until Sept. 11, the agency said in a press statement. The case relates to an alleged 5.38 billion Indian rupees ($65.06 million) bank fraud case filed by state lender Canara Bank (CNBK.NS). The losses to a consortium of nine lenders is much larger, at 59.6 billion Indian rupees ($720.78 million), ED said. The bank had filed a complaint in May against the airline, Goyal, his wife and a former airline director for "causing wrongful loss" to the lender. Goyal founded Jet Airways in 1992 but shut down operations in April 2019 after running out of cash.

Persons: Naresh Goyal, Goyal, Goyal hasn't, ED, Jayshree, Aditya, Tomasz Janowski, Ros Russell Organizations: Jet Airways, . Jet Airways, Canara Bank, Goyal, Thomson Locations: India, Dubai, Ireland, British Virgin

Shares of companies of the coal-to-airports conglomerate, controlled by billionaire Gautam Adani, were up between 1.2% to 7% in late trade on Friday in a largely flat wider market. The group's listed companies lost more than $100 billion in market value earlier this year after U.S.-based Hindenburg Research raised several governance concerns. The court on Wednesday granted SEBI additional time until Aug. 14 to complete its investigation into possible violation of securities law and regulatory disclosures by the Adani group. Beside flagship Adani Enterprises (ADEL.NS), other group companies include edible oils business Adani Wilmar (ADAW.NS), Adani Ports (APSE.NS), Adani Green Energy (ADNA.NS), Adani Transmission (ADAI.NS), Adani Total Gas (ADAG.NS), Adani Power (ADAN.NS), broadcaster NDTV (NDTV.NS) and cement units ACC Ltd (ACC.NS) and Ambuja Cements (ABUJ.NS). The panel said, citing SEBI, there was evidence of a build-up in short positions on Adani group stocks ahead of the Hindenburg report.

☆ India market regulator probe into Adani violations drew a blank - panel report
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +1 min

MUMBAI, May 19 (Reuters) - An committee constituted by India's Supreme Court to oversee investigations into the Adani group said India's markets regulator had “drawn a blank” on alleged violations by the group’s overseas entities, according to a report seen by Reuters on Friday. But the expert committee said that there was evidence of a build-up in short positions on Adani group stocks ahead of a report by the U.S based short seller Hindenburg Group, according to the report, which has not been made public. It was not possible to conclude whether there has been regulatory failure regarding price manipulations, the committee said in the report. The court formed the panel to examine the regulatory framework and allegations levelled against billionaire Gautam Adani's conglomerate. In January, U.S.-based short-seller Hindenburg Research raised several governance concerns around the Adani group, alleging improper use of tax havens and stock manipulation by the ports-to-energy conglomerate.

☆ Katy Perry loses a trademark battle with a fashion designer called Katie Perry
▼ + stars: | 2023-04-30 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Pop singer Katy Perry lost a 15-year trademark battle with a clothing designer named Katie Perry. The "Teenage Dream" singer partially infringed the trademark of the designer's business. "This is a tale of two women, two teenage dreams and one name," the judge said in her ruling. The trademark battle spanned 15 years as the performer attempted to block the designer from registering the trademark and sought to stop her using it before dropping the move, Katie Perry claimed. The clothing designer registered her brand name Katie Perry in 2008, a year after she started selling clothes under that name.

☆ Katy Perry loses trademark fight with Australian fashion designer
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, April 28 (Reuters) - An Australian court has ruled that pop superstar Katy Perry infringed the trademark of a Sydney-based fashion designer who has sold her products locally under a label with her birth name "Katie Perry". The judge dismissed a bid by the popstar seeking to cancel the Katie Perry trademark. Taylor, whose birth name was Katie Perry, called the verdict a "David and Goliath" win for small businesses. Representatives of Katy Perry could not be immediately reached. The tussle between the popstar and the Australian fashion designer over the homophonous name began in 2008 when Taylor registered the "Katie Perry" brand in Australia.

Qaem-5 precision-guided munition, documented by Conflict Armament Research in Ukraine. Shahed-131 UAV documented by Conflict Armament Research in Ukraine. Circuit boards of four different items of Russian military equipment found in Ukraine by Conflict Armament Research investigators. Electronic components documented by Conflict Armament Research investigators in Ukraine. Source: Conflict Armament Research

Downing Street referred requests for comment to the business ministry, which oversees Companies House, Britain’s public registry of companies. And, in most cases, if foreign companies purchased the property before 1999 or hold UK property in a trust they don’t need to publicly disclose the beneficial owners. The Cyprus-based company, A. Corp Trustee Limited, wasn’t listed on Britain’s new property register as of Tuesday morning. A listing on the UK’s new property register for Hanley Limited identifies the beneficial owner as a Swiss company called Pomerol Capital Sa. Ravellot also wasn’t on the new property register.

☆ Inside TikTok's push to win over the global sports community, from setting up concerts for the NHL to sponsoring a women's rugby championship
▼ + stars: | 2022-11-01 | by ( Colin Salao | Dan Whateley | ) www.businessinsider.com time to read: +10 min

The company has leaned in, setting up sponsorship deals with teams and leagues. Tune into a professional rugby match in one of Europe's Six Nations leagues and it's impossible to miss TikTok's branding plastered all over the field. Twelve of the top 25 fastest growing brands on TikTok between March 2021 and March 2022 were sports teams or leagues. The company has even tested streaming live games that are shot vertically to match TikTok's video format. Enya Breen of Ireland kicks a late try conversion during a TikTok Women's Six Nations match on April 30, 2022.

Ben Stansall/Pool via REUTERS/File PhotoLONDON, Sept 22 (Reuters) - Britain is moving ahead with plans for a sweeping overhaul of its public registry of companies in a bid to transform it into an active gatekeeper of corporate information and crack down harder on "dirty money", a government source said. Companies House is Britain's public registry of companies, their directors, significant shareholders who control the business and their financial filings. Anti-corruption groups have long called for reforms to the registry to improve transparency and tackle corruption through shell firms. At the moment, companies can be owned by nominees and many do not file full financial statements. ($1 = 0.8825 pounds)Register now for FREE unlimited access to Reuters.com RegisterWriting by Kirstin Ridley, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "Overseas Entities"

10 mentions found