Goa scientist arms women with pepper spray

January 8, 2013

Panaji, Jan 8: Even as the country debates ways to rein in sex offenders, a pharmacology research scientist here has hit the streets of Goa equipping women with a weapon to beat perverts at their own game.peper

Lanky Sudeep Dalvi has started a campaign in the state to sell cans of pepper spray to women at cost price. The cans, Dalvi says, will be made available at all bus stations and colleges across Goa and will be sold only to women and girls.

"It's not all about handing over pepper spray cans to women. If they cannot use it at the right time, the purpose will be defeated," Dalvi said, adding that live demonstrations would also be conducted whenever a can of pepper spray is sold.

The charged Dalvi has called this pepper spray campaign 'Operation Dusht Daman'. And Dalvi takes "vanquishing the evil" seriously. "Along with pepper spray cans, the counter will also have video screening of precautions women and girls can take to handle potential molesters," he said.

"Pepper spray is very effective. Its stun effect is such that an assaulter can be effectively put out of action for a good 20 minutes, during which his victim can slip away or call for help," he said.

"There should not be a situation where the girl should have to go through the ordeal of visiting a police station to file a complaint about rape and molestation. Instead, the offender should be sent to hospital. The pepper spray can do that," Dalvi said.

Aditi Naik studies at the Dhempe College of Arts and Science located near Panaji. She just bought the pepper spray and admitted that as a weapon, it has given her a sense of confidence. "At least I can respond effectively against some of the harassment meted to us by street romeos. I think if we use the spray once, everyone else will fall into place," Aditi said.

Pepper spray cans are normally available for over Rs.500, but at cost price, Dalvi's products are being offered for Rs.300. "It's only aim and shoot kinda spray. But we are taking down the details of every can sold so that the spray cans are not misused and do not fall in wrong hands," Dalvi said.

The pharmacology scientist said he was one of the million of Indians moved by the plight of the New Delhi gang-rape victim, but decided that something had to be done at a personal level to redeem one's conscience.

And making cheap pepper spray available to women and girls was his way of dealing with personal demons. The sprays will be available at bus stands and public areas Jan 28-30.

But Dalvi has planned another event Jan 26. He will swim across the Mandovi river to secure attention to the cause. The swim across the river, which is about a kilometre in breadth, he hopes, will help create enough buzz about Operation Dusht Daman.

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Agencies
March 8,2020

New Delhi, Mar 8: In order to spread awareness, a special COVID-19 mobile phone caller tune was launched by all telecom operators with basic infection prevention messages played when a caller dials-out, Ministry of Health and Family Welfare said on Saturday.

"In order to spread awareness about COVID-19, a special COVID-19 mobile phone caller tune was launched by all telecom operators. Over 117.2 crore subscribers of BSNL, MTNL Reliance Jio, Airtel and Vodafone-Idea are being progressively reached out to through SMSs and Call Backs," Ministry of Health and Family Welfare said in a press statement.

"As many as 52 laboratories are now operational across the country for testing the COVID-19 virus. An additional 57 laboratories have been provided with Viral Transport Media and swabs for sample collection," the statement added.

India has 39 confirmed cases of deadly coronavirus so far. The disease has caused deaths of 3200 people globally. 

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News Network
February 5,2020

Feb 5: Tesla is making Elon Musk a lot richer without paying him a dime.

A blistering stock rally has bolstered the value of CEO Musk's 19% stake in the electric car maker by $16 billion since the start of 2020, to $30 billion.

Tuesday's steep climb in the share price could sweeten Musk's payday under his record-breaking compensation package, which is built on stock options that rely on market value targets. Two milestones have now been achieved that could see Musk unlock options worth $1.8 billion.

The controversial chief executive, who is also the majority owner and CEO of rocket maker SpaceX, recently testified that he did not have a lot of cash as he successfully defended himself in a defamation lawsuit. He previously has taken loans using his Tesla shares as collateral.

Musk does not take a salary, choosing instead a risky options package that envisions the stock market value of Tesla rising to $650 billion over 10 years, a prospect that was derided by some investors when the deal was announced in 2018.

That target now looks less crazy. Shares of Tesla have rallied over 50% since the company posted its second consecutive quarterly profit last Wednesday, which was viewed as a major accomplishment for a company competing against established automotive heavyweights including General Motors Co  and BMW.

Tesla shares have climbed about 400% since early June, helped by the company's better-than-expected financial results and ramped-up production at its new car factory in Shanghai.

On Tuesday, Tesla surged as much as 24% before falling back in the final minutes of the trading session to end the day up 13.7%. That put its market capitalization at $160 billion, almost twice the combined value of Ford Motor and General Motors.

The shares had also rallied on Monday, partly fueled by Panasonic Corp's 6752.T saying its automotive battery venture with Tesla was profitable for the first time.

The options Musk was awarded in 2018 vest incrementally based on targets for Tesla's stock market value and its financial performance. The market capitalization would have to sustainably rise by $50 billion increments over the agreement's 10-year period, with the full package payout reached if the market cap reaches $650 billion, as well as the company's meeting revenue and profit targets.

Musk is on his way to seeing his first two tranches of options vest. He achieved operational targets on revenue and adjusted earnings last year.

The rise in Tesla's market capitalization last month to a target of $100 billion opened the way for Musk's first tranche of options to vest. With Tuesday's surging share price, the market capitalization blew past the second target of $150 billion, opening the way for the second tranche to vest. Tesla's market capitalization must stay at or above each target level for one- and six-month averages for each set of options to vest.

Tesla was valued at about $52 billion when shareholders approved the pay package in March 2018, a time when the company faced a cash crunch, production delays and increasing competition from rivals.

A full payoff for Musk would surpass anything previously granted to U.S. executives, according to Institutional Shareholder Services, a proxy advisor that recommended investors reject the pay package deal at the time.

Musk currently owns about 34 million Tesla shares, and his compensation package would let him buy another 20.3 million shares if all his options tranches vest.

When Tesla unveiled Musk’s package, it said he could in theory reap as much as $55.8 billion if no new shares were issued. However, Tesla has since awarded stock to employees and last year sold $2.7 billion in shares and convertible bonds, diluting the value of the stock.

Musk has transformed Tesla from a niche car maker with production problems into the global leader in electric vehicles, with U.S. and Chinese factories. So far it has stayed ahead of more established rivals including BMW and Volkswagen.

Many investors remain skeptical that Tesla can consistently deliver profit, cash flow and growth. More Wall Street analysts rate Tesla "sell" than "buy," and the company's stock is the most shorted on Wall Street.

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Agencies
February 26,2020

Unnao, Feb 26: Ever heard of someone wishing a 'bright future' for the dead? In a bizarre incident in Uttar Pradesh's Unnao district, a village head issued a death certificate with the wish for an elderly man who had died last month.

The incident took place in the Sirwariya village in Asoha block where an elderly person Laxmi Shankar died after a prolonged illness on January 22.

His son went to the village head Babulal and requested him to issue a death certificate that he needed for some financial transactions.

Babulal not only issued the death certificate, but also 'wished' 'a bright future for the deceased' on the document.

The village head wrote in the death certificate -- "Main inke ujjwal bhavishya ki kaamna karta hoon (I wish him a bright future)."

The letter went viral on the social media on Monday after which the village head apologised for the error and issued a new death certificate.

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