Blackstone and Hiranandani Group to form a joint venture.

Blackstone and Hiranandani Group, a housing services provider, agreed to form a joint venture. Financial terms were not disclosed. “We have a very bullish view on the economy in the long term. Logistics and warehousing will be one of the major beneficiaries of this growth. The joint venture’s investment will also contribute to economic growth as well as employment generation in the relevant locations,” Hiranandani.