Shapoorji Pallonji Faces High Borrowing Costs

The Shapoorji Pallonji Group, one of India's oldest business groups, is facing high borrowing costs.

They recently raised debt at very high interest rates, which surprised lenders.

The group owns a large stake in Tata Sons, but they can't easily sell it.

This makes it hard for them to get money when they need it.

They have a lot of valuable assets, but they don't have enough cash to pay their debts easily.

Lenders are charging high rates because the group is struggling with money.

Despite this, lenders believe the group is too big to fail.

The group is trying to refinance their debts and hopes to get lower borrowing costs soon.