blackstone

While generative AI impacts white-collar jobs, blackstone's Jon Gray highlights a surge in blue-collar employment driven by AI infrastructure investments. Massive spending on data centers is creating lucrative opportunities for skilled trades, though a significant talent shortage looms. Companies are now investing in training initiatives to address this growing demand.

AI giants OpenAI and Anthropic are intensifying their competition by launching new ventures aimed at boosting enterprise AI adoption. Both companies have secured significant funding from major financial institutions to help businesses integrate their AI tools into daily operations. This strategic move prioritizes real-world usage and revenue growth as both firms reportedly explore public listings.

President Trump is leading a delegation of top American CEOs, including Elon Musk and Tim Cook, to Beijing for high-stakes trade talks. The visit aims to secure massive deals, with a potential blockbuster order for Boeing aircraft being a key focus. Notably absent is Nvidia CEO Jensen Huang, as the trip prioritizes agriculture and commercial aviation over high-end semiconductors.

Investment part of broader $730 million round; valuation up 30% since last secondary transaction.

US President Trump expressed optimism for his upcoming visit to China and meeting with President Xi Jinping, anticipating positive outcomes for both nations. Accompanied by prominent business leaders, Trump aims to discuss trade, Iran, tariffs, and AI, seeking to strengthen US economic and national security interests.

Donald Trump has landed in Beijing with 17 American companies in tow, worth a combined $16.47 trillion—roughly 90% of China's entire 2025 GDP. Jensen Huang joined at the last minute, boarding Air Force One in Anchorage. Nvidia and Apple alone account for $9.7 trillion of that, while Meta sent its policy chief after Beijing blocked its $2 billion Manus deal.

JPMorgan Chase CEO Jamie Dimon cautioned that the booming private credit market faces significant challenges when the next credit cycle hits, citing the sector's size and uneven standards. He also highlighted cybersecurity risks, geopolitical instability, and potential inflationary pressures as key concerns for the global economy.

IPL teams’ sharply rising valuations are thanks to a smart business model, upgrade in ownership quality & real earnings potential. Expect another boom if media rights see competition again

A consortium including Aditya Birla Group, The Times of India, Bolt Ventures, and blackstone has agreed to acquire Royal Challengers Bengaluru for $1.78 billion. The deal, subject to regulatory approvals, will see Aryaman Vikram Birla as chairman and Satyan Gajwani as vice-chairman post-IPL 2026. This acquisition makes RCB the most valuable IPL franchise to date.

A consortium including Aditya Birla Group, The Times of India, Bolt Ventures, and blackstone has acquired Royal Challengers Bengaluru (RCB) for $1.78 billion. This landmark deal encompasses both the men's and women's IPL and WPL franchises from United Spirits. Aryaman Vikram Birla will chair the team, with Satyan Gajwani as vice-chairman, following the 2026 IPL season.

Satyan Gajwani is part of the consortium comprising Aditya Birla Group, Times Group, David Blitzer's Bolt Group and American Private Equity firm blackstone, which bought a 100 percent stake in RCB for $1.78 billion (Rs 16,600 crore).

IIM Ahmedabad's PGP Class of 2026 achieved 100% final placements across 26 cohorts. Consulting firms led hiring, with BCG, McKinsey, and Bain extending numerous offers. The process involved a cluster-cohort system and dream applications. Investment banking, private equity, and technology sectors also saw significant participation, with new recruiters joining the placement cycle.

US entrepreneur Kal Somani, backed by the Walton and Hamp families, has secured ownership of the Rajasthan Royals franchise for $1.63 billion. This significant acquisition marks a new chapter for the IPL team.

Former RCB owner Vijay Mallya expressed his emotions following the franchise's record sale, stating it remains in his DNA. He recalled his initial INR 450 crore investment in 2008, which has now grown to an astounding INR 16,600 crore. Mallya highlighted his decision to pick a young Virat Kohli as a significant memory, thanking fans for their unwavering support.

Vijay Mallya's initial purchase of Royal Challengers Bengaluru for $111.6 million was driven by brand promotion, not cricket passion. Now, after an 18-year journey under Diageo's ownership and a name change to Royal Challengers Bengaluru, the franchise has been sold for a staggering $1.78 billion, marking a colossal 1495% value increase.