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The  event highlighted the need for early genetic screening to prevent childhood blindness due to glaucoma and premiered the short film 'Ripples of Light' NATIONAL, July 1 st , 2025:  The University of Salford (UK), in collaboration with CSIR-Institute of Genomics and Integrative Biology (CSIR-IGIB) and the Organization for Rare Diseases India (ORDI), hosted a national workshop titled  “Towards Equitable and Early Genetic Care for Glaucoma”  in New Delhi on 30 th  June. Premas Life Sciences and Shroff Eye Hospital were the event partners. The event brought together leading clinicians, scientists, genetic counsellors, policy advocates, non-profit charities and media representatives to spotlight the urgent need for early genetic diagnosis in managing inherited forms of glaucoma in India. The workshop opened with a welcome address by the Director, CSIR-IGIB, highlighting the need for such events and its alignment with IGIB’s mission. The event also featured present...

National,  July 1, 2025  −  Shell Lubricants has successfully completed the acquisition of a 100% equity interest in Raj Petro Specialities Pvt. Ltd. from the Brenntag Group.   The acquisition of Raj Petro Specialities supports Shell Lubricants as it strives to grow its portfolio and customer base in India, which is one of its key growth markets.  The transaction strengthens Shell Lubricants’ presence in the market by supplying customers in the power transmission, personal care and pharmaceutical sectors, as well as helping to realise new synergies and economies of scale across the lubricants value chain. “The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification”, said Jason Wong, Shell’s Executive Vice President for Global Lubricants.

South Asia Growth Invest backed Hero Motors, offering comprehensive solutions including services for designing, prototyping, validating, developing, and delivering system-level powertrain solutions for both electric as well as non-electric powertrains, has refiled its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,200 crore through an initial public offering (IPO). The IPO with a face value of Rs 10 is a mix of fresh issue of up to Rs 800 Cr and an offer for sale up to Rs 400 Cr by promoters. The OFS includes Rs 390 crore worth shares by O P Munjal Holdings, and Rs 5 crore each by Bhagyoday Investments and Hero Cycles each. Proceeds from the fresh issue of shares will be used to the extent of Rs 285 crore for repayment/prepayment/redemption in full or in part, of certain outstanding borrowings availed by the Company; Rs 237 crore for capital expenditure of the Company through purchase of equipment requi...

The Initial Public Offering of Indogulf Cropsciences Limited was subscribed 25.98 times on the final day of bidding. The issue received bids of 34,72,66,170 shares against the offered 1,33,65,710 equity shares, at a price band of ₹105-111, according to the data available on the stock exchanges. Non-Institutional Investors Portion and Qualified Institutional Buyer Portion and were subscribed 48.39 times and 33.26 times respectively, whereas Retail Portion and Employee Portion was subscribed 14.78 times and 1.09 times respectively . Systematix Corporate Services Limited is the sole book-running lead manager, and Bigshare Services Private Limited is the registrar of the issue. Company Information Indogulf Cropsciences commenced its operations in 1993 and primarily operate under three business verticals namely crop protection, plant nutrients and biologicals, to retail and institutional customers focused on improving the crop yield. It is engaged in the business of manuf...

Gujarat-based German Green Steel and Power Limited has filed its draft red herring prospectus (DRHP) with capital market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).  The IPO, with a face value of ₹10 each, is a mix of fresh issue of up to Rs 450 crore with an offer for sale up to 10,00, 000 equity shares by Inamulhaq Shamsulhaq Iraki and 10,00,000 equity shares by Abdulhaq Shamsulhaq Iraki. The proceeds from its fresh issuance to the extent of Rs 325.21 crore for funding the capital expenditure requirements of the company towards expansion of its manufacturing facility at Samakhiyali, Kutch, Gujarat and hybrid wind and solar power plant (“Project”); Rs 55.01 crore for prepayment or repayment, in full or part, of certain outstanding borrowings availed by the Company; general corporate purposes. The company, in consultation with the book-running lead managers, may consider a pre-IPO placemen...

New Delhi–  The Government of India launched Operation Sindhu on 18th June as a major rescue initiative to evacuate Indian nationals stranded in West Asia amid rising tensions between Israel and Iran. As of  28th June , a total of 4,415 Indian citizens have been safely brought back home from conflict-affected areas in Iran and Israel. The large-scale evacuation was carried out through 19 special flights, including three Indian Air Force (IAF) C-17 aircraft. In a gesture of regional solidarity, the Government of India also extended humanitarian assistance to citizens from neighboring countries. Among those evacuated from Iran were 14 OCI cardholders, 9 Nepali nationals, 4 Sri Lankan nationals, and 1 Iranian spouse of an Indian national. According to an official statement by the MEA, Indian embassies in Tehran, Yerevan, and Ashgabat coordinated closely to facilitate the safe passage of evacuees, including via land border crossings. The majority of evacuations from Iran were rout...