India's Shapoorji Pallonji group in talks to raise debt from Brookfield

India's Shapoorji Pallonji group in talks to raise debt from Brookfield

Mumbai. Photo: Sergio Souza/Unsplash

India’s Shapoorji Pallonji Group is in preliminary talks with Brookfield Asset Management Inc. to raise as much as $400 million in structured debt to help repay maturing obligations, according to people with knowledge of the matter.