Latest News Updates From Baiju Kalesh and P R Sanjai

BusinessLogistics

Blackstone Nears Deal to Invest in Warehousing in India

Blackstone Group Inc. has agreed to buy a stake in the warehousing unit of India鈥檚 Allcargo Logistics Ltd. for $54 million (3.8 billion rupees) as the U.S. firm seeks to capture the demand in the world鈥檚 fastest growing e-commerce market.

January 13, 2020