IIIT-Dharwad to hold 7th convocation tomorrow
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Indian Express
35 minutes ago
- Indian Express
Crizac IPO allotment date next week; know how to check status online via PAN
Crizac IPO: Following the close of the subscription of initial public offering (IPO) of Crizac Limited, all eyes of the investors will now be on the finalisation of the allotment of shares. The Crizac IPO allotment will take place next week. The Crizac IPO was opened on July 2 (Wednesday) and closed on July 4 (Friday). The Rs 860-crore initial share sale received bids for 154,56,79,488 shares against 2,58,36,909 shares on offer, as per NSE data, reports PTI. According to the PTI, Crizac Ltd got subscribed 59.82 times on the closing day of the final bidding on Friday. The portion for Qualified Institutional Buyers (QIBs) got subscribed a whopping 134.35 times while the quota for non-institutional investors fetched 76.15 times subscription. Retail Individual Investors (RIIs) part received 10.24 times subscription. The price band of Crizac IPO has been fixed at Rs 233-245 share. According to the details available, the Crizac IPO is slated to be finalised on July 7. The allotment status will be released online on the official website of the registrar — MUFG Intime India Private Limited. Additionally, the allotment status will also be made available on the official websites of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). – – –
Hans India
37 minutes ago
- Hans India
Second-hand car prices in Delhi drop heavily
New Delhi: Prices of second-hand cars in the national capital have witnessed a sharp fall in recent days, with traders reporting a decline of 40 to 50 per cent, the Chamber of Trade and Industry (CTI) said on Friday. CTI Chairman Brijesh Goyal has said the market for overage vehicles in Delhi has been severely affected, with nearly 60 lakh vehicles impacted by the sudden downturn. He attributed the price crash to restrictions related to End-of-Life (EOL) vehicles, which have crossed the permissible age limit for operation in Delhi. Goyal, also an automobile businessman, claimed that traders were being forced to sell cars at significantly lower prices. "In the last five days, the prices of second-hand cars have dropped by 40 to 50 per cent. Businessmen in Delhi are now compelled to sell vehicles at one-fourth of their original price," he said. He said that second-hand cars from Delhi were usually sold in Punjab, Rajasthan, Uttar Pradesh, Bihar, Tamil Nadu, Karnataka and Kerala. However, the demand from outside states was now accompanied by aggressive bargaining. "Luxury used cars that earlier fetched Rs six to seven lakh were now being sold for barely Rs 4 lakh to Rs 5 lakh. 'Buyers from other states are aware of the challenges faced by Delhi-based traders and are negotiating accordingly," Goyal said. He further added that over 1,000 traders in areas like Karol Bagh, Preet Vihar, Pitampura, and Moti Nagar were involved in the business of selling second-hand vehicles. Car dealers have also raised concerns over difficulties in obtaining the No Objection Certificate (NOC) from the Transport Department, which is required to sell used vehicles in other states. Earlier, the process was relatively smooth, but now traders say they were facing delays and complications. The Delhi government had banned fuel for end-of-life vehicles -- 10 years or older for diesel vehicles and 15 years or older for petrol vehicles -- that are deregistered and not allowed to ply on the roads from July 1, following a court order. However, on Thursday, the government requested the Commission for Air Quality Management (CAQM) to put the ban on hold with immediate effect, arguing that the fuel ban on overage vehicles was not feasible due to technological challenges.
India.com
42 minutes ago
- India.com
This is world's most expensive tear; one drop can neutralize 26 snake venoms, it is worth Rs..., it is of...
This is world's most expensive tear; one drop can neutralize 26 snake venoms, it is worth Rs..., it is of... Tears may seem like merely small drops of water but are quite meaningful and important. For centuries, people have talked about tears. People have used phrases like 'crocodile tears' to show that some tears are fake or false. But tears are not always about sadness or pretending. Tears can show feelings, tell stories, and can even have amazing health impacts. Do you know which is the world's most expensive tear? One drop of tear can… What makes camel's tear so powerful against snake venom? In Rajasthan's dry desert land, camels have always been known as the 'ship of the desert' because they help farmers commute long miles through tough lands. Now, these wonderful animals are revealing something even more astounding. Scientists at the National Research Centre on Camel (NRCC) in Bikaner have discovered that the antibodies derived from the camel tears and its immune system could be used to combat snake venom. This is an exciting finding that may eventually lead to improved treatments for victims of snakebites and also yield improved quality of life for farmers who raise camels. Who conducted the study revealing the medicinal power of camel tears? As per a Moneycontrol report, researchers from the NRCC staged a series of experiments in which they immunized camels (Camelus dromedarius) with venom from the saw-scaled viper (Echis carinatus sochureki), which is an extremely venomous snake species. Their findings indicated that antibodies from the camels' blood serum and tears provided effective neutralization of the effects of the venom; most importantly, the venom's effects related to hemorrhage and coagulopathy were greatly abated. Camel-based antibodies also had fewer allergy issues, and effects were more potent than those derived from traditional antivenoms made from horse immunoglobulin (IgG), which are expensive for production and complex to collect. Why is this tear considered the most expensive in the world? India is experiencing a serious snakebite crisis, with nearly 58,000 deaths per year and another 140,000 people with disabilities—the highest-burden worldwide. The NRCC's camel-derived antibodies could lead to lower-cost, safer, and easier-to-produce treatments. This is ultimately great for patients in rural areas, where snakebites are common and timely medical care is more difficult to obtain. This work shows economic transformation for camel-rearing groups in areas such as Bikaner, Jaisalmer, and Jodhpur. The NRCC has worked to convince local farmers to give them access to their camels for quick and safe collection of tears and blood samples; in exchange, farmers are compensated lavishly. According to the report, Pharmaceutical companies such as the Serum Institute of India and other private drug companies are building business models around the camel-derived antibodies, with estimates that farmers can cash additional income of Rs 5,000 to 10,000 per camel each month; this can give the farmers a new, sustainable, and scientifically lucrative source of cash.
