On this day, 31 May...
1678 - Lady Godiva rode naked through Coventry in a protest of taxes.
(She was an 11th-century Anglo-Saxon noblewoman who, according to a legend dating at least to the 13th century, rode naked – covered only in her long hair – through the streets of Coventry to gain a remission of the oppressive taxation that her husband imposed on his tenants. Incidentally, the name "Peeping Tom" originates from later versions of this legend in which a man named Tom watched her ride and was struck blind or dead).
1884 - A patent for “flaked cereal” was applied for by Dr. John Harvey Kellogg. He was trying to improve the vegetarian diet of his hospital patients, by searching for a digestible bread-substitute by the process of boiling wheat. Kellogg accidentally left a pot of boiled wheat to stand and become tempered. When it was put through a rolling process, each grain of wheat emerged as a large, thin flake. When the flakes were baked, they became crisp and light, creating an easy to prepare breakfast when milk was added. His brother Will Keith Kellogg began his cereal-making career in the 1890’s when he assisted his brother, then saw the potential, and on 19 Feb 1906, he created the Battle Creek Toasted Corn Flake Co.
1907 - Taxis 1st began running in New York City.
1941 - Electric eye detectors were first used to measure high-jumping height attained. A light source, which could be moved up or down the vertical pole stand on one side, produced four parallel light beams, an inch apart, focussed on four electric eyes on the other vertical stand. A control box indicated with red lights any beams broken as the jumper passed over the pole, making the measurement of the height the athlete achieved both quick and accurate.
1941 - 1st issue of the publication "Parade" goes on sale.
1970 - Indira Gandhi called for international help as the civil war in Bangladesh, or East Pakistan, had turned two million people into refugees. Many of them were suffering from cholera and smallpox. The authorities of West Pakistan refused to care for them, and India couldn't afford to.
1987 - Daman and Diu to remain as union territories after Goa becomes the 25th state of India.
1998 - B. R. Rawat, an Indian diplomat, is assaulted by a Pakistani private security guard in Islamabad.
2012 - In India, a nationwide strike against rising gas prices closes shops and interrupts public transport across the country.
Born
1925 - Raj Khosla, film director. He was known as a "women's director" because he showcased actresses at their best. C.I.D, Woh Kaun Thi?, Mera Saaya, Dostana and Main Tulsi Tere Aangan Ki were some of his hit films.
1928 - Pankaj Khirod Roy, cricketer (opener, 413 partnership w/Vinoo Mankad). Recipient of Padmashree (1975).
RIP
1935 - Quake kills 50,000 in Quetta, Pakistan.
2002 - Subhash Gupte, cricketer.
2009 - Kamala Das, writer.
Titbits
1917 - 1st jazz record released (Dark Town Strutters Ball).
1919 - 1st wedding held in an aircraft (over Houston, Texas).
1991 - Oldest bride - Minnie Munro, 102, weds Dudley Reid, 83, in Australia.
You may have known...
According to a 2011 study, India’s Parle-G biscuits were the world’s No 1 selling biscuits.
Business News
- Income Tax Department Starts Flipkart-Walmart Deal Audit.
- GST Portal Enables the Form GST DRC-03 for Making Voluntary Payments by a Taxpayer.
- ICAI issues Accounting Standards for Local Bodies.
- PWC Resigns as Auditor of Listed Company Atlanta Limited as it did not share details of Income Tax Probes against it and Exit of Independent Director.
- Sec 54 Benefit Available If Re-Investment in Three Plots is for Common Use of Family: Kolkata Bench of ITAT in ACIT vs. Reshmi P. Loyalka.
- NCLAT Stays Insolvency Proceedings Against Rcom and its two subsidiaries. This was after the Ericsson, an Unsecured Creditor of RCom, agreed to an out-of-court settlement with RCom for ₹550 crore against its claims of ₹1,150 crore.
- NSEL Money Laundering Case: Enforcement Directorate (ED) Conducts Fresh Raids in 5 States i.e. Delhi, Chandigarh, Ahmedabad, Mumbai, and Bengaluru.
- NSE Co-Location Case: CBI Registers Case Against Stock Broker Sanjay Gupta, owner and promoter of OPG Securities Pvt Ltd and others, for Manipulating NSE System.
- ICICI Bank to Probe Charges Against CEO Chanda Kochhar.
- RBI Says No Option for Mastercard, Visa & American Express: Have to move Data Centres in India.
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