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Premchand Roychand
Premchand Roychand was a 19th-century Indian Jain businessman known as the "Cotton King" and "Bullion King" from Bombay. Life Premchand Raichand was born in 1832 in a Porwal Jain family. He was the son of Roychand Dipchand, a merchant from Surat. The Roychand family moved to Bombay when Premchand was a young boy. He was educated at Elphinstone College. Recorded as the first Indian broker able to speak, read and write English, he entered the lists as a stock broker in 1849. Apart from the capital markets, Premchand Roychand had significant business interests in the cotton and bullion trades along with the stock market. He was a founding member of ''The Native Share & Stock Brokers Association'' which is now Bombay Stock Exchange, the second largest stock exchange of India. He earned significant profits from the cotton boom which was triggered by the start of the American Civil War in April 1861 which stayed till 1865. He lost the majority of his fortune in the Backbay reclamat ...
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Surat
Surat is a city in the western Indian state of Gujarat. The word Surat literally means ''face'' in Gujarati and Hindi. Located on the banks of the river Tapti near its confluence with the Arabian Sea, it used to be a large seaport. It is now the commercial and economic center in South Gujarat, and one of the largest urban areas of western India. It has well-established diamond and textile industry, and is a major supply centre for apparels and accessories. About 90% of the world's diamonds supply are cut and polished in the city. It is the second largest city in Gujarat after Ahmedabad and the eighth largest city by population and ninth largest urban agglomeration in India. It is the administrative capital of the Surat district. The city is located south of the state capital, Gandhinagar; south of Ahmedabad; and north of Mumbai. The city centre is located on the Tapti River, close to Arabian Sea. Surat will be the world's fastest growing city from 2019 to 203 ...
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Bombay Presidency
The Bombay Presidency or Bombay Province, also called Bombay and Sind (1843–1936), was an administrative subdivision (province) of British India, with its capital in the city that came up over the seven islands of Bombay. The first mainland territory was acquired in the Konkan region with the Treaty of Bassein (1802). Mahabaleswar was the summer capital. The Bombay province has its beginnings in the city of Bombay that was leased in fee tail to the East India Company, via the Royal Charter of 27 March 1668 by King Charles II of England, who had in turn acquired Bombay on 11 May 1661, through the royal dowry of Catherine Braganza by way of his marriage treaty with the Portuguese princess, daughter of John IV of Portugal. The English East India Company transferred its Western India headquarters from Surat in the Gulf of Cambay after it was sacked, to the relatively safe Bombay Harbour in 1687. The province was brought under Direct rule along with other parts of British I ...
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1831 Births
Events January–March * January 1 – William Lloyd Garrison begins publishing '' The Liberator'', an anti-slavery newspaper, in Boston, Massachusetts. * January 10 – Japanese department store, Takashimaya in Kyoto established. * February–March – Revolts in Modena, Parma and the Papal States are put down by Austrian troops. * February 2 – Pope Gregory XVI succeeds Pope Pius VIII, as the 254th pope. * February 5 – Dutch naval lieutenant Jan van Speyk blows up his own gunboat in Antwerp rather than strike his colours on the demand of supporters of the Belgian Revolution. * February 7 – The Belgian Constitution of 1831 is approved by the National Congress. *February 8 - Aimé Bonpland leaves Paraguay. * February 14 – Battle of Debre Abbay: Ras Marye of Yejju marches into Tigray, and defeats and kills the warlord Sabagadis. * February 25 – Battle of Olszynka Grochowska (Grochów): Polish rebel forces divide a Russi ...
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People From Surat
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural form of ...
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Businesspeople From Gujarat
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accountin ...
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Gujarati People
The Gujarati people or Gujaratis, are an Indo-Aryan ethnolinguistic group who reside in or can trace their ancestry or heritage to the present-day western Indian state of Gujarat. They primarily speak Gujarati, an Indo-Aryan language. While Gujaratis mainly inhabit Gujarat, they have a diaspora worldwide. Gujaratis in India and the diaspora are prominent entrepreneurs and industrialists and maintain high levels of social capital. Many notable independence activists were Gujarati, including Gandhi, Patel, and Jinnah, as well as the current Prime Minister of India, Narendra Modi. Geographical locations Despite significant migration primarily for economic reasons, most Gujaratis in India live in the state of Gujarat in Western India. Gujaratis also form a significant part of the populations in the neighboring metropolis of Mumbai and union territory of Dadra and Nagar Haveli and Daman and Diu, which was a former Portuguese colony. There are very large Gujarati immigrant co ...
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Byculla
Byculla (ISO: Bhāykhaḷā; pronunciation: ʱaːjkʰəɭaː is an area of South Mumbai. Location Byculla is neighboured by Nagpada and Mumbai Central and Mahalaxmi on the west; Agripada, Jacob Circle on the north-west: Chinchpokli to the north; Madanpura in the centre; Reay Road and Ghodapdeo on the north-east; Mazagaon and Dockyard Road to the east; and Sandhurst Road and Bhendi Bazaar to the south. Byculla falls under "E" Ward within the municipal limits of Brihanmumbai Municipal Corporation or BMC. History During the late 18th century, Byculla was an extension of Mazagaon, one of the seven islands that originally formed the city of Mumbai. The area was low-lying Flats inundated during the high tide through the Great Breach at Mahalaxmi. However, the breach was closed by the Hornby Vellard project in 1784, which joined all seven islands of Bombay into a single island. This was followed by the construction of the Bellasis Road causeway in 1793. Thereafter the area saw ha ...
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Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English-language daily newspaper and digital news media owned and managed by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian " newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspaper in India. Reuters rated ''TOI'' as India's most trus ...
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The Asiatic Society Of Mumbai
The Asiatic Society of Mumbai (formerly ''Asiatic Society of Bombay'') is a learned society in the field of Asian studies based in Mumbai, India. It can trace its origin to the Literary Society of Bombay which first met in Mumbai on 26 November 1804, and was founded by Sir James Mackintosh. It was formed with the intention of "promoting useful knowledge, particularly such as is now immediately connected with India". After the Royal Asiatic Society of Great Britain and Ireland was established in London in 1823, the Literary Society of Bombay became affiliated with it and was known as the Bombay Branch of the Royal Asiatic Society (BBRAS) since 1830. The ''Bombay Geographical Society'' merged with it in 1873, followed by the ''Anthropological Society of Bombay'' in 1896. In 1954, it was separated from the Royal Asiatic Society and renamed the Asiatic Society of Bombay. In 2002, it acquired its present name. It is funded by an annual grant from the Central Government of India. Aims a ...
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University Of Calcutta
The University of Calcutta (informally known as Calcutta University; CU) is a public collegiate state university in India, located in Kolkata, West Bengal, India. Considered one of best state research university all over India every year, CU has topped among India's best universities several times. It has 151 affiliated undergraduate colleges and 16 institutes in Kolkata and nearby areas. It was established on 24 January 1857 and is the oldest multidisciplinary and European-style institution in Asia. Today, the university's jurisdiction is limited to a few districts of West Bengal, but at the time of establishment it had a catchment area, ranging from Lahore to Myanmar. Within India, it is recognized as a "Five-Star University" and accredited an "A+" grade by the National Assessment and Accreditation Council (NAAC). The University of Calcutta was awarded the status of "Centre with Potential for Excellence in Particular Area" and "University with potential for excellence" by ...
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University Of Bombay
The University of Mumbai is a collegiate, state-owned, public research university in Mumbai. The University of Mumbai is one of the largest universities in the world. , the university had 711 affiliated colleges. Ratan Tata is the appointed head of the advisory council. History In accordance with " Wood's despatch", drafted by Sir Charles Wood in 1854, the University of Bombay was established in 1857 after the presentation of a petition from the Bombay Association to the British colonial government in India. The University of Mumbai was modelled on similar universities in the United Kingdom, specifically the University of London. The first departments established were the Faculty of Arts at Elphinstone College in 1835 and the Faculty of Medicine at Grant Medical College in 1845. Both colleges existed before the university was founded and surrendered their degree-granting privileges to the university. The first degrees awarded in 1862 were Bachelor of Arts and Licentiate in ...
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Rajabai Clock Tower
The Rajabai Tower is a clock tower in South Mumbai India. It is in the confines of the Fort campus of the University of Mumbai. It stands at a height of 85 m (280 ft or 25 storeys). The tower is part of The Victorian and Art Deco Ensemble of Mumbai, which was added to the list of World Heritage Sites in 2018. History The Rajabai Clock Tower was designed by Sir George Gilbert Scott, an English architect. He modeled it on Big Ben in London.The foundation stone was laid on 1 March 1869 and construction was completed in November 1878. The total cost of construction came to ₹555000, a large amount of money for the time period. A portion of the total cost of construction was donated by Premchand Roychand, a wealthy broker who founded the Bombay Stock Exchange on the condition that the tower be named after his mother Rajabai. Premchand Roychand's mother was blind and as a staunch follower of Jain religion, she was supposed to consume her dinner before the evening. Legend ...
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