Business & Markets: India — Today

₹17,200 crore — the enterprise value of Shell's Sprng Energy acquisition by the Aditya Birla Group, now being financed by a syndicate of domestic lenders.

Money Moves

• Third Wave Coffee raises ₹408 Cr — A funding round led by WestBridge Capital will fuel geographic expansion and new dessert verticals for the homegrown QSR brand.
• Vishal Mega Mart shares surge ~12% — Stock hit ₹115.40 after the board reappointed MD & CEO Gunender Kapur for a...