Shapoorji Pallonji Group weighs stake sale to raise $2 bn: Report

Shapoorji Pallonji Group is considering selling its assets, including a controlling stake in Mumbai-based Afcons Infrastructure, to raise about $2 billion, Bloomberg reported. The group is also reportedly weighing a sale of some ports, with company's Gopalpur port being a likely candidate. The group has been seeking ways to free up cash to tackle high interest rates, the report added.