GUWAHATI: Institute of Advanced Study in Science and Technology (IASST), Guwahati is going to observe its 40th Foundation Day on November 3. The foundation day lecture will be delivered by Professor Subeer S. Majumdar, Director, National Institute of Animal Biotechnology (NIAB), Hyderabad followed by a lecture by Professor Arun Kumar Tiwari, Adjunct Professor, School of Management Studies, University of Hyderabad, a communiqué said.