Author: FWM

Investment to support continued growth and European expansion LONDON, UK & ATHENS, GREECE – 11 May 2026 – Blackstone (NYSE: BX), the world's largest alternative asset manager, announced today that funds managed by its private equity business have entered into a definitive agreement to acquire a majority stake in Skroutz (the "Company"), the leading online marketplace in Greece, from CVC Capital Partners Fund VII.Skroutz is the leading e-commerce platform in Greece, offering more than 12 million products from approximately 9,000 merchants to around 2.5 million active users. Founded in 2005, the Company operates a vertically integrated platform that combines its marketplace with proprietary last-mile logistics, fulfilment services, a licensed fintech offering, and a growing retail m...

Expects to Support Construction of over 50,000 New Homes Annually New York – May 11, 2026 – Blackstone (NYSE: BX) today announced that Blackstone Real Estate Debt Strategies (“BREDS”) has launched a lending platform that will provide much needed capital and flexibility to homebuilders, and expects to enable the construction of over 50,000 for-sale homes across the United States annually.This lending platform is supported by BREDS portfolio company, Brio Homebuilder Solutions, as well as partnerships with third parties. This commitment comes at a time when the U.S. is facing a critical housing shortage. Fewer homes are being built today than in 1960, despite the U.S. population nearly doubling.Tim Johnson, Global Head of Blackstone Real Estate Debt Strategies, said: "America needs ...

Bengaluru Central City CorporationBengaluru, May 10:Remove Fallen Trees and Branches Caused by Rain and Wind at the Earliest: Daljit KumarRapid Clearance Operations of Uprooted Trees Carried Out Across Central City Corporation LimitsInstructions Issued to Remove Dangerous and Dried Trees and Branches as a Monsoon Precautionary MeasureDue to the recent heavy rain accompanied by hailstorms and strong winds in Bengaluru city, several trees and branches were uprooted, causing major inconvenience to public movement.In this context, the Forest Division of the Bengaluru Central City Corporation has been continuously working on a war footing to clear all uprooted trees and fallen branches.Trees and branches that had fallen on roads were immediately cut and moved to the ...

PHOTOS CREDIT- Bengaluru North City Corporation (BNCC)Bengaluru, May-11:BNCC Commissioner Pommala Sunil Kumar has instructed all Census officials to carry out re-verification of locked and vacant houses to ensure comprehensive completion of the first phase of House Listing and Household Census for Census 2027 before the stipulated date of 15-05-2026.In this regard, special “Mop-Up Round” operations are being conducted every evening and during holidays to revisit locked and vacant houses and ensure that no household is left out of the Census process.As part of this activity, all Charge Officers, Assistant Charge Officers, Supervisors, and Enumerators are actively participating in verifying Enumeration Block (EB) boundaries, locked houses, and vacant houses.This special r...

Union Health Secretary Smt. Punya Salila Srivastava Leads Nationwide Pledge on “Fire Safety in Health Facilities” Ministry of Health Unveils National Guidelines on Fire and Life Safety in Healthcare Facilities (2026), Strengthening Comprehensive Safety Frameworks Across Healthcare Institutions New Guidelines Introduce Enhanced Protocols for High-Risk Areas Including ICUs, NICUs, PICUs, and Operation Theatres Fire Safety Week to Feature Nationwide Audits, Mock Drills, Evacuation Exercises, Demonstrations, and Webinars to Strengthen Preparedness and Awareness: 04 MAY 2026 12:56PM by PIB Delhi- Reinforcing its commitment to ensuring safe healthcare environments, the Union Ministry of Health and Family Welfare, in partnership with all States and Union Territories and in coordination wi...

To effectively prevent and respond to potential flood situations during the pre-monsoon and monsoon seasons, Bengaluru East City Corporation Commissioner D.S. Ramesh convened an inter-departmental coordination meeting and announced the immediate formation of Sub-Division Level Urban Flood Management Teams across all sub-divisions.The Commissioner stated that these teams, led by the respective Assistant Executive Engineers (AEE) of each sub-division, will function as key field-level units responsible for preparedness, flood prevention, emergency response, and restoration of infrastructure.Multi-Department Coordinated TeamThe Assistant Executive Engineer (AEE) of the respective sub-division will function as the overall nodal officer for the sub-division-level urban flood manageme...