On this day, 22 May...
1841 - Henry Kennedy, a cabinetmaker, and upholsterer of Philadelphia was issued the first U.S. patent for a reclining chair.
1849 – Future U.S. President Abraham Lincoln has issued a patent for an invention to lift boats over obstacles in a river, making him the only U.S. President to ever hold a patent.
1888 - Architect Leroy S. Buffington patented the system for building skyscrapers using a metal skeleton frame. Although Buffington claimed to be the originator of the metal skeleton frame that made building tall structures feasible, his claim to be the inventor of the skyscraper was refuted. However, using the designs created by Harvey Ellis, Buffington is credited with playing a pivotal role in refining the new method of construction. The invention of the skyscraper lies with George A. Fuller, who worked on solving the problems of the load bearing capacities of tall buildings.
1892 - Dr. Washington Sheffield, a dentist of USA, invented the collapsible metal toothpaste tube, which was later manufactured by his Sheffield Tube Corp. (The idea of collapsible metal tubes, however, dates back to a patent by American artist John Rand on 11 Sep 1841, but these packages were first commercially used for oil-paints. The first collapsible polythene tubes were produced in the US for skin-tanning lotion in 1953).
1894 - Black American inventor S. Newson has issued a patent for an "oil heater or cooker".
1899 - Plain Dealer reporter Charles Shanks first used the French word "automobile". (The word thereafter became accepted in the US).
1961 - Top Of The Needle restaurant in the Space Needle in Seattle, was dedicated. It was the first revolving restaurant in the US, 500 feet above the ground. A 14-foot ring next to the windows carrying 260 seats rotated 360 degrees in one hour on a track and wheel system driven by a 1 horsepower motor.
1963 - Rohini, Glider, became the first to successfully fly at Kanpur.
1973 - Robert Metcalfe wrote a memo describing a way to transmit data from the early generation of personal computers to a new device, the laser printer. He called his multipoint data communications system Ethernet, and today it continues to dominate as the standard computer network.
1989 - IRBM 'Agni' Missile launched successfully from Chandipur, Orissa.
1996 - United Front prime ministerial candidate H.D. Deve Gowda unanimously elected leader of the Front's parliamentary party.
Born
1772 – Ram Mohan Roy, philosopher, and reformer.
1859 - Sir Arthur Conan Doyle, Scottish author, and physician whose fictional detective, Sherlock Holmes, emulates the scientist, diligently searching through data and to make sense of it. “It is a capital mistake to theorize before one has data.” Later in life, he was a convert to spiritualism and requested burial in an upright position in the garden of his home.
1940 - EAS Prasanna, cricketer.
1959 – Ms. Mehbooba Mufti, politician.
RIP
1545 - Sher Shah Suri. He was fatally wounded in an explosion on Kalanjara fort while preparing for an attack. {He introduced the new silver rupee-coin "Rupiya" based on the ratio of 40 copper coin pieces (paisa) per rupee and built several roads including the longest road of India known as Grand Trunk Road, which is one of Asia's oldest and longest major roads. It runs from Chittagong, Bangladesh west to Howrah, West Bengal in India, then across Northern India through Delhi to Amritsar. From there, the road continues towards Lahore and Peshawar in Pakistan, finally terminating in Kabul, Afghanistan}.
You may have known...
The Atacama desert in northern Chile is the driest desert in the world. Average rainfall in this region is about 1 mm per year. Some locations within the desert have never had any rainfall.
Business News
GST Council has urged the Central Govt and various States to expedite setting up Appellate Authorities for Aggrieved Entities to Appeal Against the Orders of the Authority for Advance Rulings (AAR). Out of the 29 States, only 12 have so far issued notifications to set up authority.
Income Tax Dept informed the Taxpayers that ITR-5 and ITR-7 have been enabled in the e-portal for filing. Till now, all Forms except ITR 6 are available on the portal.
Shell Firms: Income Tax department to File Pleas in NCLT as an "Aggrieved Creditor" to many De-registered Shell Companies to Recover Tax Dues of Crores of Rupees
PNB fraud: Enforcement Directorate took fresh action against Nirav Modi and attached assets worth Rs 170 crore
Potomac Fraud: CBI files charge sheet Against Co. Rotomac Global Pvt. Ltd. And its Owner Vikram Kothari and Bank Officials in connection with the Rs 456.63-crore alleged loan default towards Bank of Baroda, which is part of A Total Default of Rs 3,690 crore towards a Consortium of Seven Banks
Online Sellers Body, The All India Online Vendors Association, moves CCI against Flipkart for allegedly abusing its dominant position
NSE to delist Vijay Mallya-promoted Kingfisher Airlines, Plethico Pharmaceuticals and 16 other companies from 30 May
NCLAT declines to stay Bhushan Steel sale to Tata Steel, issues notices to Tata Steel, the Resolution Professional and CoC of Bhushan Steel on a petition filed by its promotor Neeraj Singal challenging the sale
Reliance Communications and its Subsidiaries moves NCLAT to Halt Insolvency Proceedings Against Them on a petition filed by network vendor Ericsson.
Bank of Baroda(BoB) launches its first integrated SME Loan Factory in Gurgaon to cater the needs of MSME segment in the NCR.
Fortis faces MCA Probe; Director-General to look into Mismanagement Charges.
Govt to Divest 12.72% in RITES next month, the plan is to raise Rs 400-450 Crore through the listing of RITES.
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