Industry News

United Bank of India, after the agency carried out raids at multiple cities and recovered cash, jewellery and investment of over Rs13.5 crore. Allegedly, Bhargava had abused her official position, first as an executive director of Canara Bank and later as the boss of UBI for making money for herself and/or for a..."/>
Mint, New Delhi, Tamal Bandyopadhyay column [Mint, New Delhi]
Israel Discount Bank is selling five properties for NIS 100 million. Sources inform "Globes" that after selling properties separately over the past two years, the bank has now initiated the simultaneous sale of several of its properties in Tel Aviv, Jerusalem, Haifa, and Herzliya, which it plans to complete within six weeks. The most valuable property being sold is 70% of an office building on Lilienblum Street in Tel Aviv, in which part of the bank's headquarters are located,..."/>
Discount selling Jerusalem, Tel Aviv, Haifa branches [Globes, Tel Aviv, Israel]
National Grid's gas distribution arm, leaving the way open for a Chinese-led bid to snap up the pounds sterling 11? The move comes despite calls this weekend for the sale to be put on hold until the Government's proposed rule changes on' critical infrastructure' are in place. Bids for the gas pipe network owned by National Grid were due on Friday and offers are..."/>
Ministers won't bar a Chinese bid for national grid [Financial Mail on Sunday, London]
Startups out to build a mindful Miami [The Miami Herald]
Hennessy Advisors, Inc. has acquired assets related to management of The Westport Funds, the company said. Terms of the deal were not disclosed. As a result, the Westport Fund and the Westport Select Cap Fund will be reorganized into the Hennessy Cornerstone Mid Cap 30 Fund."/>
Hennessy Advisors Acquires The Westport Fund Assets

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