On this day, 27 Feb...
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1803 - Great fire raged through Mumbai (comprising seven islands), destroying almost a third of the city’s houses. Densely populated, it was devastated, and in its aftermath authorities pushed through major changes, greatly altering the urban landscape and uprooting communities. Ironically, considering the post-fire desire for space and expansion, Mumbai today is one of the most densely populated cities in the world.
1867 - Dr. William G. Bonwill of US invented the dental mallet while watching a telegraph key sounder operate in a Philadelphia hotel.
1869 - John Menard is 1st black to make a speech in US Congress.
1874 - Baseball 1st played in England, at Lord's Cricket Grounds.
1879 - Saccharin, the artificial sweetener, was discovered by Constantin Fahlberg. He was researching coal tar compounds. With hands unwashed since leaving his laboratory work, during a meal, he accidentally discovered its intensely sweet taste when his fingers touched his lips. He subsequently started a factory to produce and market it. Fahlberg became wealthy by taking the outcome of a laboratory experiment and pursuing a commercial path for it.
1892 - With the comparative scarcity of water power in many parts of England, attention was paid to producing electricity from wind power. A small experimental plant was set up at a flour-mill near London, the wind-mill supplying sufficient power to charge a storage battery, from which a number of the arc and incandescent lamps were lighted nightly. Although the current obtained was small, the experiment demonstrated the possibilities.
1900 - German chemist Felix Hoffmann was issued a U.S. patent for “Acetyl Salicylic Acid”. He had discovered the chemical compound on 10 Aug 1897 while a researcher at the Bayer company. It was marketed as Aspirin, the familiar pain reliever, which at the time was a trademarked name. It was first sold in Germany in powder form, from 1 May 1899, and later in the more convenient tablet form, from 1 Jan 1915.
1932 - The neutron was discovered by Dr. James Chadwick.
1942 - J S Hey discovers radio emissions from Sun.
1947 - The first closed-circuit broadcast of a surgical operation showed procedures to observers in the classroom by Dr. Alfred Blalock.
Born
1932 - Elizabeth Taylor, English-American actress.
1952 - Prakash Jha, screenwriter.
RIP
1931 - Chandra Shekhar Azad. He was an Indian revolutionary who reorganized the Hindustan Republican Association under the new name of Hindustan Socialist Republican Association. He is considered to be the mentor of Shaheed Bhagat Singh.
You may have known....
The word astronaut comes from the Greek word “Astron” which means star and “Nautes” which means sailor. The Russian cosmonaut has a similar meaning to ‘kosmos’ meaning universe and again “Nautes” sailor.
Economic news
The Govt Plans to cut red tape and ease rules for foreign portfolio investors(FPI) to attract more investment in the economy.
The Delhi HC ordered the attachment of assets held by two investment cos of Singh Brothers, former owners of Ranbaxy Ltd.
The income tax debt has filed Six charge sheet against Rotomac owner Vikram Kothari for alleged tax evasion.
IT Dept notifies scheme which aimed at eliminating physical interface between taxpayers and the department.
IT dept has introduced a new form for trusts availing exemptions, for new registration or modification of existing ones.
Markets at 3 weeks high, Sensex gained over 300 points, as volatility eases.
The Director General of Safeguards has asked HUL to clarify the methodology it used to arrive at Rs119 crore that the co offered to the govt after it could not pass on the entire benefits of GST.
The Govt has asked all PSB’s to ensure strict compliance with all regulatory norms and proper audit of their foreign branches.
The Govt has created an alternative offline mechanism to address the issue of delayed GST refunds to exporters.
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