Anupam Rasayan inked a long term binding contract worth Rs135cr with a Japanese multinational customer for supplying an existing life science-related speciality chemical. The speciality chemicals major is manufacturing products for over 66 domestic and international customers, including 23 multinational companies. The company has an illustrous history of high customer retention.

Larsen & Toubro's construction arm secured a 'large' order from the Uttar Pradesh government to implement rural water supply projects. The mentioned deal is a repeat order for L&T Construction from the State Water & Sanitation Mission (SWSM), Uttar Pradesh. It is concerning the implementation of rural water supply projects & providing functional house tap connections under the Jal Jeevan Mission.

TVS Motor Company stocks surged on December 15 intraday after reports of the two-wheeler major possibly partnering with German multinational BMW for electric vehicles surfaced. TVS Motor Company has been on an electric vehicle overdrive. In November, TVS Motor had signed a contract with the Tamil Nadu government for an investment of Rs 1,200 crore in future technologies and electric vehicles.

Maini Precision Products filed draft papers for an IPO with the market watchdog Sebi. The public issue consist a fresh issue of Rs 150 crore and an offer for sale of 2,54,81,705 shares by shareholders including promoters who will offload 60,20,765 shares and individuals who will sell 6.45 lakh shares. Sandeep Kumar Maini, Gautam Maini, and Chetan Kumar Maini are promoters of the company.

Juspay Technologies, on December 15, confirmed the garnering of $60 million in a Series C funding round led by SoftBank Vision Fund 2. This investment marks Softbank's second big bet after Paytm in the Indian fintech space. The digital payments player will use this funding to expand in India and internationally. Post this funding, Juspay's valuation now stands at $87 million.

Six women have filed independent lawsuits against Tesla. The ladies declared that the work culture in the automaker's office subjects them to sexual harassment. They further reported that male colleagues on the team frequently made, "lewd comments towards their bodies or clothes, as well as engage in abusive behaviour like catcalling and inappropriate touching."

Tokyo-based financial services giant SBI Holdings declared a joint investment in Coinhako. The latter is Singapore’s first licensed crypto exchange approved by the Monetary Authority of Singapore (MAS). The mentioned investment in Coinhako went ahead through a fund jointly set up by SBI and Swiss-based Sygnum Bank, namely, the SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) Fund.

GoodDot appointed Olympics gold medallist Neeraj Chopra as its brand ambassador. The athlete will help the Company in developing awareness about the category of plant-based meats to encourage people to make compassionate food choices. The plant-alternative meat firm was founded in 2016 with a vision to provide its consumers with an alternative to meat that is ethically and sustainably produced.

Pristyn Care, on Wednesday, confirmed the garnering of $96 million (around Rs 730 crore) in Series E round. Post this funding, the valuation of the health-tech startup more than doubled in the last seven months and it now stands at $1.4 billion. The latest round of funding was led by Sequoia Capital, Tiger Global, Winter Capital, Epiq Capital, Hummingbird Ventures and Trifecta Capital.

The Bank of Thailand eyeing to put forward a comprehensive framework to guide the activities of traders and companies by 2022. The main objective of the report is to specify the red tapes that the country will be drawing around crypto trading. Since Thailand is recording massive surges in crypto investment, the Bank want to caution investors regarding the associated risks.

Plix, a D2C plant-based nutrition brand, has raised $5 Mn in Series A funding from Guild Capital and RPSG Ventures. The company was founded in 2019 and sells plant-based nutritional supplements like gummies, ‘superfood’ powders and effervescent tablets. The startup will utilize the capital to launch over 85 SKUs in the next twelve months and hire senior leadership talents.

On Wednesday, Digit Insurance announced that it will start offering one of the industry’s lowest waiting periods – of one year – for pre-existing diseases and specific illnesses. Most common specific illnesses like arthritis, gastric and duodenal erosions/ulcers, fibroids, etc, which typically have a waiting period of two years, will now be covered after a waiting period of one year.

On Wednesday, Toyota Motor stated that it has planned to build 800,000 vehicles globally in January, a record for the month, as it ramps up production to make up for output lost to parts shortages. The production plan for January represents an increase of 60,000 vehicles from a year earlier. The company has been affected by parts shortage supplied by COVID-19 hit factories in Malaysia & Vietnam.

The prices of the world’s largest cryptocurrency by market capitalization, Bitcoin, were down 99% on the crypto tracking site CoinMarketCap. The extreme drop in prices was due to a glitch on the website, which surfaced during the early hours of Wednesday. Pricing data has since come back to normal at press time, but data for all-time highs for cryptocurrencies remains faulty.

On Wednesday, Tata Motors announced that it has inked a retail finance MoU with Bandhan Bank to offer financing options to all its passenger vehicle customers. Customers can also enjoy the benefit of special EMI options with a repayment tenor of up to seven years and the bank has also designed certain exclusive features like zero charges on foreclosure and part payment.