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147-581: RUCKUS began trading on the New York Stock Exchange in 2012, and was delisted in 2016, after it was acquired by Brocade Communications Systems for approximately $ 1.5 billion on May 27, 2016. Ruckus Wireless and Brocade ICX line of Switching products were acquired by Arris International for $ 800 million in a deal finalized on December 1, 2017. The company was renamed as Ruckus Networks, an ARRIS company from Ruckus Wireless. On April 4, 2019, CommScope completed its acquisition of Arris, which included

294-456: A National Historic Landmark in 1978. 18 Broad Street is also a New York City designated landmark . The New York Stock Exchange is closed on New Year's Day , Martin Luther King Jr. Day , Washington's Birthday , Good Friday , Memorial Day , Juneteenth National Independence Day , Independence Day , Labor Day , Thanksgiving , and Christmas . When those holidays occur on a weekend,

441-431: A 203-year process of paper transactions and ushering in an era of automated trading. As of January 24, 2007, all NYSE stocks can be traded via its electronic hybrid market (except for a small group of very high-priced stocks). Customers can now send orders for immediate electronic execution, or route orders to the floor for trade in the auction market. In the first three months of 2007, in excess of 82% of all order volume

588-515: A base value of 50 points equal to the 1965 yearly close. This was done to reflect the value of all stocks trading at the exchange, in contrast with the then predominant Dow Jones Industrial Average which tracks just 30 stocks. To raise the profile of the composite index, in 2003, the NYSE set its new base value of 5,000 points equal to the 2002 yearly close. Its close at the end of 2013 was 10,400.32. In October 2008, NYSE Euronext completed acquisition of

735-470: A change of ownership of a corporation holding a trading license. The Barnes family is the only known lineage to have five generations of NYSE members: Winthrop H. Barnes (admitted 1894), Richard W.P. Barnes (admitted 1926), Richard S. Barnes (admitted 1951), Robert H. Barnes (admitted 1972), Derek J. Barnes (admitted 2003) . In the mid-1960s, the NYSE Composite Index (NYSE: NYA) was created, with

882-605: A conclusion as to the cause. The regulators found no evidence that the fall was caused by erroneous ("fat finger") orders. On October 29, 2012, the stock exchange was shut down for two days due to Hurricane Sandy . The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13, 1888. On May 1, 2014, the stock exchange was fined $ 4.5 million by the Securities and Exchange Commission to settle charges that it had violated market rules. On August 14, 2014, Berkshire Hathaway 's A Class shares,

1029-546: A deal in which NASDAQ would have taken control of the stock exchanges. NYSE Euronext rejected this offer twice, but it was finally terminated after the United States Department of Justice indicated their intention to block the deal due to antitrust concerns. In December 2012, ICE had proposed to buy NYSE Euronext in a stock swap with a valuation of $ 8 billion. NYSE Euronext shareholders would receive either $ 33.12 in cash, or $ 11.27 in cash and approximately

1176-621: A feudal ruler under the Vijayanagara Empire , established a mud fort , considered the foundation of modern Bengaluru and its oldest areas, or pétés , which still exist. After the fall of the Vijayanagara Empire, Kempe Gowda declared independence; in 1638, a large Adil Shahi Bijapur army defeated Kempe Gowda III, and Bengaluru came under Shahaji Bhonsle as a jagir , which later became his capital. The Mughals later captured Bengaluru and sold it to Maharaja Devaraja Wodeyar II of

1323-403: A follow-up technology to DPSK called 'Zero-IT Activation' to provision unique security keys to client devices by a small agent-like software. Ruckus Unveiled their Switching portfolio on June 21, 2010, named as ZoneSwitch Series of Switches. ZoneSwitch Series had two models 4124 and 4224, 24 Port Ethernet RJ-45 PoE Switches and Fiber uplinks with 180Watts and 375Watts power budget respectively. On

1470-549: A for-profit, public company. It began trading under the name NYSE Group on March 8, 2006. On April 4, 2007, the NYSE Group completed its merger with Euronext, the European combined stock market, thus forming NYSE Euronext , the first transatlantic stock exchange. Wall Street is the leading U.S. money center for international financial activities and the foremost U.S. location for the conduct of wholesale financial services. "It comprises

1617-399: A for-profit, publicly traded company. Seat owners received $ 500,000 in cash per seat and 77,000 shares of the newly formed corporation. The NYSE now sells one-year licenses to trade directly on the exchange. Licenses for floor trading are available for $ 40,000 and a license for bond trading is available for as little as $ 1,000 as of 2010. Neither are resellable, but may be transferable during

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1764-562: A large Adil Shahi Bijapur army led by Ranadulla Khan and accompanied by his second in command Shāhji Bhōnslē defeated Kempe Gowda III, and Bengaluru was given to Shāhji as a jagir (feudal estate). Around 1639, he ordered the reconstruction of the destroyed city and the building of new lakes to solve the water shortage in the region. In 1687, the Mughal general Kasim Khan, under orders from Aurangzeb , defeated Ekoji I , son of Shāhji, and sold Bengaluru to Chikkadevaraja Wodeyar (1673–1704),

1911-679: A matrix of wholesale financial sectors, financial markets, financial institutions, and financial industry firms" (Robert, 2002). The principal sectors are securities industry, commercial banking, asset management, and insurance. Prior to the acquisition of NYSE Euronext by the ICE in 2013, Marsh Carter was the Chairman of the NYSE and the CEO was Duncan Niederauer . Currently, the chairman is Jeffrey Sprecher. In 2016, NYSE owner Intercontinental Exchange Inc. earned $ 419 million in listings-related revenues. The exchange

2058-525: A number of Ruckus Wireless routers, which the company had since patched. Ruckus designed an adaptive directional antenna technology called BeamFlex, and sold the technology to other manufacturers to enable them to include it in their products. Ruckus also came out with a Customer Premises Equipment (CPE) device that was sold to service providers. Ruckus offers WiFi products such as indoor and outdoor access points, including BeamFlex, which has directional antenna technology, and automatically adjusts to changes in

2205-403: A number of organisations for over a couple of days. The heaviest rainfall recorded in a 24-hour period is 179 mm (7 in) recorded on 1 October 1997. In 2022, Bengaluru faced a large amount of rainfall, 368% more than the yearly average. Several areas were flooded, and power supply was also cut off. March record high Bengaluru is a megacity with a population of 8,443,675 in

2352-493: A part of the seismic zone II (a stable zone), it has experienced earthquakes of magnitude as high as 4.5 on the Richter scale . Bengaluru has a tropical savanna climate ( Köppen climate classification Aw ) with distinct wet and dry seasons. Due to its high elevation, Bengaluru usually enjoys a more moderate climate throughout the year, although occasional heat waves can make summer somewhat uncomfortable. The coolest month

2499-590: A population of over a million. The city is widely regarded as the " Silicon Valley of India", as the largest IT hub of the country. Infosys , Wipro , Mindtree , Mphasis , Flipkart , and Myntra are headquartered in Bengaluru. IT companies located in the city contributed 33% of India's ₹1,442 billion (US$ 20 billion) IT exports in 2006–07. Bengaluru's IT industry is divided into three main clusters : Software Technology Parks of India (STPI); International Tech Park, Bangalore (ITPB); and Electronic City . Most of

2646-573: A possible floral origin of the name as derived from benga , the Kannada term for Pterocarpus marsupium (also known as the Indian Kino Tree), a species of dry and moist deciduous trees that grows abundantly in the region. On 11 December 2005, the Government of Karnataka accepted a proposal by Jnanpith Award winner U. R. Ananthamurthy to rename Bangalore to Bengalūru . On 27 September 2006,

2793-464: A single urban centre in 1949. The city was generally known as Bangalore in English until the existing Kannada name, Bengalūru , was declared the city's official name in 2006. Bengaluru is considered to be one of the fastest-growing global major metropolises. Recent estimates of the metro economy of its urban area has ranked Bengaluru as one of the most productive metro areas of India. The city

2940-428: A sixth of a share of ICE. Jeffrey Sprecher , the chairman and CEO of ICE, will retain those positions, but four members of the NYSE board of directors will be added to the ICE board. On January 24, 2023, a glitch in NYSE caused panic due to unintentional trade orders opened and closed in more than 250 securities. The NYSE's opening and closing bells mark the beginning and the end of each trading day. The opening bell

3087-464: A trade office of Canada and a virtual Consulate of the United States. As of 2022, Bengaluru produces around 6000  metric tonnes of solid waste per day. This waste is transported from collection units located near Hesaraghatta Lake , to the garbage dumping sites. The city has considerable dust pollution, hazardous waste disposal, and disorganised, unscientific waste retrievals. The IT hub,

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3234-541: A very diverse population, consisting of Dakhini and Urdu-speaking Muslims, Kutchi Memons , Labbay and Mappilas . The Bruhat Bengaluru Mahanagara Palike (BBMP, Greater Bengaluru Municipal Corporation ) is in charge of civic administration of the city. It was formed in 2007 by merging 100 wards of the erstwhile Bangalore Mahanagara Palike , with seven neighbouring City Municipal Councils, one Town Municipal Council and 110 villages around Bengaluru. The number of wards increased to 243 in 2022. The BBMP

3381-660: A water supply to the city. Kaveri River flows about 60 miles (100 km) from the city of Bengaluru, and the river Kaveri provides around 80% of the city's water supply and the remaining 20% is obtained from the Thippagondanahalli and Hesaraghatta reservoirs of the Arkavathi river. Bengaluru receives 800 million litres (210 million US gallons) of water a day, more than any other Indian city, but Bengaluru does face occasional water shortages, especially during summer and in years with low rainfall. A random sampling of

3528-413: A worldwide agreement to license its BeamFlex technology to NETGEAR for RangeMax product line. In April 2008, Ruckus introduced ZoneDirector 3000 - An enterprise WLAN controller, FlexMaster - A remote centralized Wi-Fi management system and SmartMesh on its 802.11n access point. In 2008 Ruckus shifted focus on Enterprise, Carrier SP , Education and Hospitality verticals with ZoneDirector controllers which

3675-467: Is Kannada , spoken by 42.05% of the population. The second-largest language is Tamil , spoken by 16.34% of the population. 13.73% speak Telugu , 13.00% Urdu , 4.64% Hindi , 3.16% Malayalam and 2.05% have Marathi as their first language. Other languages with sizeable numbers of speakers include Konkani , Bengali , Marwari , Tulu , Odia , Gujarati , Kodagu , Punjabi , Lambadi , Sindhi and Nepali . The Kannada language spoken in Bengaluru

3822-606: Is January with an average low temperature of 15.1 °C (59.2 °F) and the hottest month is April with an average high of 34.1 °C (93.4 °F). The highest temperature ever recorded in Bengaluru was 39.2 °C (103 °F), recorded 24 April 2016, corresponding with the strong El Niño in that year. The lowest ever recorded is 7.8 °C (46 °F) in January 1884. Winter temperatures rarely drop below 14 °C (57 °F), and summer temperatures seldom exceed 36 °C (97 °F). Bengaluru receives rainfall from both

3969-509: Is a National Historic Landmark . A previous trading room, at 30 Broad Street , was closed in February 2007. The NYSE is owned by Intercontinental Exchange , an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext . According to a Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in

4116-408: Is a form called 'Old Mysuru Kannada' which is also used in most of the southern part of Karnataka. A vernacular dialect of this, known as Bangalore Kannada , is spoken in Bengaluru and the adjoining Mysore regions. English is extensively spoken and is the principal language of the professional and business class. The major communities of Bengaluru who share a long history in the city, other than

4263-467: Is also the country's fourth largest fast-moving consumer goods (FMCG) market. Forbes considers Bengaluru one of "The Next Decade's Fastest-Growing Cities". The city is the third largest hub for high-net-worth individuals . There were a large number of high-net-worth individuals with a ₹ 4.5 crore investment surplus in 2007. In the Ease of Living Index 2020, it was ranked the most livable Indian city with

4410-735: Is based on IEEE 802.1BR standard for network automation and management simplicity. Other products that Ruckus offers include controllers, software, and smart wireless services. 2006 - AirSpider Networks 2011 October- India development centre of Intellinet Technologies Inc 2011/2012 - ComAbility 2013 - YFind Technologies Private Limited 2015 - Cloudpath Networks Ruckus Networks design, sell and service IT networking products, such as switches, WLAN controller , Access points, IoT gateways and software. Ruckus started as Wireless only company selling to Internet Service Providers(ISP), Hotel chains, Large public venues and later extended to Education. Ruckus relies heavily on its enterprise business, as it

4557-855: Is built on technology acquired from Airspider. In 2009, Ruckus entered into Metro-Wi-Fi with outdoor mesh system. In 2008, RUCKUS sued Netgear, along with its new MIMO antenna supplier Rayspan, for patent infringement, over the antenna designs and associated software that have replaced the Beamflex technology which Netgear used to buy from Ruckus. Netgear licensed BeamFlex adaptive antenna to use in its RangeMax 824 v1 and v2 wireless routers. For RangeMax 824 v3 routers, Netgear used Rayspan made antennas which violated patents by Ruckus. In 2010, three months after purchasing ’454 and ’143 patents from Adaptix Corporation., Netgear sued Ruckus for patent infringement. Netgear alleged that RUCKUS’ Wi-Fi access points equipped with RUCKUS’ BeamFlex and ChannelFly technology infringed

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4704-454: Is considered the pivot for high-technology-based heavy manufacturing industry, with numerous large multinational technology corporations setting up their headquarters there. It is home to many top-tier engineering and research institutions. Bengaluru is known as the "Silicon Valley of India" because it is the nation's leading software exporter as well as a major semiconductor hub. Several state-owned aerospace and defence organisations are in

4851-466: Is employed by a NYSE member firm (that is, they are not an employee of the New York Stock Exchange), acts as an auctioneer in an open outcry auction market environment to bring buyers and sellers together and to manage the actual auction. They do on occasion (approximately 10% of the time) facilitate the trades by committing their own capital and as a matter of course disseminate information to

4998-464: Is open for trading Monday through Friday from 9:30 am – 4:00 pm ET , with the exception of holidays declared by the Exchange in advance. Proposals for round-the-clock trading have been considered by NYSE. The NYSE trades in a continuous auction format, where traders can execute stock transactions on behalf of investors. They will gather around the appropriate post where a specialist broker, who

5145-493: Is primarily service oriented and industrial, dominated by information technology, telecommunication, biotechnology, and manufacturing of electronics, machinery, automobiles, food, etc. Major industrial areas around Bengaluru are Adugodi , Bidadi , Bommanahalli , Bommasandra , Domlur , Hoodi , Whitefield , Doddaballapura , Hoskote , Bashettihalli , Yelahanka , Electronic City , Peenya , Krishnarajapuram , Bellandur , Narasapura , Rajajinagar , Mahadevapura etc. It

5292-869: Is regulated by the Karnataka State Pollution Control Board (KSPCB) under the aegis of the Central Pollution Control Board (CPCB), a Central Government entity. As part of the Waste Management Guidelines, the government of Karnataka through the KSPCB has authorised a few well-established companies to manage biomedical and other hazardous waste in Karnataka. Bengaluru is one of the fastest-growing metropolises in India. Bengaluru contributes 38% of India's total IT exports. Its economy

5439-642: Is regulated through the Bangalore Electricity Supply Company (BESCOM), while water supply and sanitation facilities are provided by the Bangalore Water Supply and Sewerage Board (BWSSB). The city has offices of the Consulate General of Germany , France, Japan, Israel, British Deputy High Commission, along with honorary consulates of Ireland, Finland, Switzerland, Maldives, Mongolia, Sri Lanka and Peru. It also has

5586-475: Is run by a city council of 250 members, including 198  corporators representing each of the wards of the city and 52 other elected representatives, consisting of members of Parliament and the state legislature. Elections to the council are held once every five years and are decided by popular vote . Members contesting elections to the council usually represent one or more of the state's political parties. A mayor and deputy mayor are also elected from

5733-425: Is rung at 9:30 am ET to mark the start of the day's trading session. At 4 pm ET the closing bell is rung and trading for the day stops. There are bells located in each of the four main sections of the NYSE that all ring at the same time once a button is pressed. There are three buttons that control the bells, located on the control panel behind the podium which overlooks the trading floor. The main bell, which

5880-417: Is rung at the beginning and end of the trading day, is controlled by a green button. The second button, colored orange, activates a single-stroke bell that is used to signal a moment of silence. A third, red button controls a backup bell which is used in case the main bell fails to ring. The ringing of the bells usually accompanied with applause and is often done by VIPs and celebrities (See pictures and

6027-636: Is selling to carrier businesses. New York Stock Exchange The New York Stock Exchange ( NYSE , nicknamed " The Big Board ") is an American stock exchange in the Financial District of Lower Manhattan in New York City . It is the largest stock exchange in the world by market capitalization . The NYSE trading floor is located at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and

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6174-470: Is the capital and largest city of the southern Indian state of Karnataka . It has a population of more than 8 million and a metropolitan population of around 15 million , making it India 's third most populous city and fourth most populous urban agglomeration . It is the most populous city and largest urban agglomeration in South India , and is the 27th largest city in the world . Located on

6321-602: Is the fifth Indian city to host maximum numbers of Fortune Companies , after Mumbai , Delhi , Kolkata and Chennai . The growth of IT has presented the city with unique challenges. Ideological clashes sometimes occur between the city's IT moguls, who demand an improvement in the city's infrastructure, and the state government, whose electorate is primarily from rural Karnataka. The encouragement of high-tech industry in Bengaluru, for example, has not favoured local employment development, but instead increased land values and forced out small enterprises. The state has also resisted

6468-456: Is the present city's supply of regular piped water. Modern Bengaluru was begun in 1537 by the chieftain Kempe Gowda I , who aligned with the Vijayanagara Empire under Emperor Achyuta Deva Raya to campaign against Gangaraja (whom he defeated and expelled to Kanchi), and who built a mud-brick fort for the people at the site that would become the central part of modern Bengaluru. Kempe Gowda

6615-465: Is two-thirds of their revenue with almost 100% of enterprise sales coming from the channel. Many of these enterprises include hospitality, retail, healthcare, transportation hubs, and education. Ruckus Wireless started out by selling to carrier companies and they are still a good portion of their business. Their customers include C3ntro Telecom, Verizon , AT&T , Time Warner Cable , Deutsche Telekom , and China Telecom . One-third of Ruckus’ business

6762-548: The 1997 Mini-Crash but from which the DJIA recovered quickly. This was the first time that the " circuit breaker " rule had operated. On January 26, 2000, an altercation during filming of the music video for Rage Against the Machine 's " Sleep Now in the Fire ", directed by Michael Moore , caused the doors of the exchange to be closed and the band to be escorted from the site by security after

6909-541: The 2001 Census of India at Jalahalli , Sidhapura and Jadigenahalli, all of which are located on Bengaluru's outskirts today, suggest human settlement around 4000 BCE. Around 1,000 BCE (during the Iron Age ), burial grounds were established at Koramangala and Chikkajala on the outskirts of Bengaluru. Coins of the Roman emperors Augustus , Tiberius , and Claudius found at Yeswanthpur and HAL Airport indicate that

7056-478: The All India Institute of Mental Health (AIIMH) in 1956. By 1961, Bengaluru had become the sixth-largest city in India, with a population of 1,207,000. In the following decades, Bengaluru's manufacturing base continued to expand with the establishment of private companies such as MICO (Motor Industries Company), which set up its manufacturing plant in the city. By the 1980s, urbanisation had spilled over

7203-642: The American Stock Exchange (AMEX) for $ 260 million in stock. On February 15, 2011, NYSE and Deutsche Börse announced their merger to form a new company, as yet unnamed, wherein Deutsche Börse shareholders would have 60% ownership of the new entity, and NYSE Euronext shareholders would have 40%. On February 1, 2012, the European Commission blocked the merger of NYSE with Deutsche Börse , after commissioner Joaquín Almunia stated that

7350-472: The Bangalore Development Authority in 1976 to coordinate the activities of these two bodies. Public sector employment and education provided opportunities for Kannadigas from the rest of the state to migrate to the city. Bengaluru experienced rapid growth in the decades 1941–51 and 1971–81, which saw the arrival of many immigrants from northern Karnataka. The Government of India set up

7497-592: The Bruhat Bengaluru Mahanagara Palike (BBMP) passed a resolution to implement the name change. The government of Karnataka accepted the proposal and it was decided to officially implement the name change from 1 November 2006. The Union government approved this request, along with name changes for 11 other Karnataka cities, in October 2014. Hence, Bangalore was renamed to "Bengaluru" on 1 November 2014. A discovery of Stone Age artefacts during

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7644-608: The Deccan Plateau , at a height of over 900 m (3,000 ft) above sea level, Bengaluru has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation of India's "Garden City". Its elevation is the highest of India's major cities. The city's history dates back to around 890, as per the old Kannada stone inscription found at the Nageshwara Temple in Begur, Bengaluru . In 1537, Kempé Gowdā ,

7791-732: The Kannadigas , are the Telugus and Tamilians , who both migrated to Bengaluru in search of a better livelihood, and the Dakhanis . Already in the 16th century, Bengaluru had few Tamil or Telugu or speakers, who spoke Kannada for business. Telugu-speaking people initially came to Bengaluru on invitation by the Mysore royalty. Other native communities are the Tuluvas and the Konkanis of coastal Karnataka, and

7938-754: The Karnataka High Court , the Vidhana Soudha (the home of the Karnataka state legislature) and Raj Bhavan (the residence of the governor of Karnataka). Bengaluru contributes four members to the lower house of the Indian Parliament , the Lok Sabha , from its four constituencies: Bangalore Rural , Bangalore Central , Bangalore North , and Bangalore South , and 28 members to the Karnataka Legislative Assembly . Electricity in Bengaluru

8085-586: The Kingdom of Mysore . When Haider Ali seized control of the kingdom, Bengaluru's administration passed into his hands. The city was captured by the British East India Company after victory in the Fourth Anglo-Mysore War (1799), which then returned administrative control of the city, along with the kingdom, to Maharaja Krishnaraja Wadiyar III . The old city developed under the dominions of

8232-620: The Kodavas of the state's Kodagu district . The migrant communities include Maharashtrians , Punjabis , Rajasthanis , Gujaratis , Tamilians , Telugus , Malayalis , Odias , Sindhis , Biharis, Jharkhandis, and Bengalis . Bengaluru once had a large Anglo-Indian population, the second-largest after Kolkata . Today, there are around 10,000 Anglo-Indians in Bengaluru. Christians in Bengaluru include Tamil Christians , Mangalorean Catholics , Kannadiga Christians, Malayali Syrian Christians and Northeast Indian Christians . Muslims form

8379-888: The President of South Africa Nelson Mandela . Two United Nations Secretaries General have also rung the bell. On April 27, 2006, Secretary-General Kofi Annan rang the opening bell to launch the United Nations Principles for Responsible Investment . On July 24, 2013, Secretary-General Ban Ki-moon rang the closing bell to celebrate the NYSE joining the United Nations Sustainable Stock Exchanges Initiative . Bangalore Bengaluru ( Kannada: [ˈbeŋɡɐɭuːɾu] ; ISO : Beṁgaḷūru ), formerly called Bangalore in English ( / ˈ b æ ŋ ɡ ə l ɔːr , ˌ b æ ŋ ɡ ə ˈ l ɔː r / BANG -gə-lor, -⁠ LOR ),

8526-464: The U.S. Securities and Exchange Commission , with a president and a thirty-three-member board. On February 18, 1971, the non-profit corporation was formed, and the number of board members was reduced to twenty-five. One of Abbie Hoffman 's well-known publicity stunts took place in 1967, when he led members of the Yippie movement to the Exchange's gallery. The provocateurs hurled fistfuls of dollars toward

8673-496: The Vijayanagara times. An apocryphal story states that the twelfth-century Hoysala king Veera Ballala II , while on a hunting expedition, lost his way in the forest. Tired and hungry, he came across a poor old woman who served him boiled beans. The grateful king named the place "Benda-Kaal-uru" (literally, "town of boiled beans"), which eventually evolved into "Bengalūru". Suryanath Kamath has put forward an explanation of

8820-573: The air quality index (AQI) of twenty stations within the city ranged from 76 to 314, suggesting heavy to severe air pollution around areas of high traffic. Bengaluru has a handful of freshwater lakes and water tanks , the largest of which are Madivala tank, Hebbal Lake , Ulsoor Lake, Yediyur Lake and Sankey Tank . However, about 90% of Bengaluru's lakes are polluted; the city government began revival and conservation efforts in December 2020. Groundwater occurs in silty to sandy layers of

8967-466: The alluvial sediments. The Peninsular Gneissic Complex (PGC) is the most dominant rock unit in the area and includes granites , gneisses and migmatites , while the soils of Bengaluru consist of red laterite and red, fine loamy to clayey soils. The city's vegetation is mostly large deciduous canopy and some coconut trees. Many trees are frequently felled to pave way for infrastructure development. Though Bengaluru has been classified as

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9114-720: The hydroelectric plant situated in Shivanasamudra . The Indian Institute of Science was established in 1909, which subsequently played a major role in developing the city as a science research hub. In 1912, the Bangalore torpedo , an offensive explosive weapon widely used in World War I and World War II , was devised in Bengaluru by British army officer Captain McClintock of the Madras Sappers and Miners . Bengaluru's reputation as

9261-555: The labour unrest in Binny Mills due to demand by textile workers for payment of bonus resulted in lathi charging and police firing, resulting in the death of four workers, and several injuries. In July 1928, there were notable communal disturbances in Bengaluru, like when a Ganesh idol was removed from a school compound in the Sultanpet area of Bengaluru. In 1940, the first flight between Bengaluru and Mumbai took off, which placed

9408-610: The police commissioner is Pratap Reddy. Bengaluru's rapid growth has created several administrative problems relating to traffic congestion and degrading infrastructure. The unplanned nature of growth in the city resulted in massive traffic gridlocks ; a flyover system and one-way traffic systems were introduced, which were only moderately successful. A 2003  Battelle Environmental Evaluation System (BEES) evaluation of Bengaluru's physical, biological and socioeconomic parameters indicated that Bengaluru's water quality and terrestrial and aquatic ecosystems were close to ideal, while

9555-479: The "Garden City of India" began in 1927 with the silver jubilee celebrations of the rule of Krishnaraja Wodeyar IV . Several projects such as the construction of parks, public buildings and hospitals were instituted to improve the city. Bengaluru played an important role during the Indian independence movement . Mahatma Gandhi visited the city in 1927 and 1934 and addressed public meetings here. In 1926,

9702-576: The 19th century, Bengaluru essentially became a twin city , with the "pētē", whose residents were predominantly Kannadigas and the cantonment created by the British. Throughout the 19th century, the Cantonment gradually expanded and acquired a distinct cultural and political salience as it was governed directly by the British and was known as the Civil and Military Station of Bangalore. While it remained in

9849-509: The 2011  census of India, 79% of Bengaluru's population is Hindu , a little less than the national average . Muslims comprise 13.9% of the population, roughly the same as their national average. Christians and Jains account for 5.4% and 1.0% of the population, respectively, double that of their national averages. The city has a literacy rate of 90%. Roughly 10% of Bengaluru's population lives in slums —a relatively low proportion when compared to other cities in

9996-474: The 2011 rule change, at the start of each trading day, the NYSE sets three circuit breaker levels at levels of 7% (Level 1), 13% (Level 2), and 20% (Level 3) of the average closing price of the S&;P 500 for the preceding trading day. Level 1 and Level 2 declines result in a 15-minute trading halt unless they occur after 3:25 pm, when no trading halts apply. A Level 3 decline results in trading being suspended for

10143-513: The 21st century, Bengaluru has had major terrorist attacks in 2008 , 2010 , and 2013 . Bengaluru lies in the southeast of the South Indian state of Karnataka. It is in the heart of the Mysore Plateau (a region of the larger Cretaceous Deccan Plateau ) at an average elevation of 900 m (2,953 ft). It covers an area of 741 km (286 sq mi). The majority of

10290-656: The Aigandapura complex near Hesaraghatta , Mukthi Natheshwara Temple at Binnamangala, Choleshwara Temple at Begur , Someshwara Temple at Ulsoor , date from the Chola era. In 1117, the Hoysala king Vishnuvardhana defeated the Cholas in the Battle of Talakad in south Karnataka, and extended its rule over the region. Vishnuvardhana expelled the Cholas from all parts of the Mysore state. By

10437-678: The British returned administrative control of the Bengaluru pētē to the Maharaja of Mysore and was incorporated into the Princely State of Mysore , which existed as a nominally sovereign entity of the British Raj . The old pētē developed in the dominions of the Maharaja of Mysore. The Residency of Mysore State was first established in Mysore City in 1799 and later shifted to Bengaluru in 1804. It

10584-575: The Buttonwood Agreement, which set a floor commission rate charged to clients and bound the signers to give preference to the other signers in securities sales. The earliest securities traded were mostly governmental securities such as War Bonds from the Revolutionary War and First Bank of the United States stock, although Bank of New York stock was a non-governmental security traded in the early days. The Bank of North America , along with

10731-593: The Doddapētē Square—the heart of Bengaluru. Kempe Gowda I's During the Vijayanagara rule, many saints and poets referred to Bengaluru as "Devarāyanagara" and "Kalyānapura" or "Kalyānapuri" ("Auspicious City"). After the fall of the Vijayanagara Empire in 1565 in the Battle of Talikota , Kempe Gowda I declared independence. His successor, Kempe Gowda II, built four towers that marked Bengaluru's boundary. Then in 1638,

10878-473: The Exchange on October 24, 1929, and the sell-off panic which started on Black Tuesday , October 29, are often blamed for precipitating the Great Depression . In an effort to restore investor confidence, the Exchange unveiled a fifteen-point program aimed to upgrade protection for the investing public on October 31, 1938. On October 1, 1934, the exchange was registered as a national securities exchange with

11025-688: The First Bank of the United States and the Bank of New York, were the first shares traded on the New York Stock Exchange. In 1817, the stockbrokers of New York, operating under the Buttonwood Agreement , instituted new reforms and reorganized. After sending a delegation to Philadelphia to observe the organization of their board of brokers, restrictions on manipulative trading were adopted, as well as formal organs of governance. After re-forming as

11172-643: The NYSE for customers. Buyers, sellers and dealers all wanted to complete transactions as quickly and cheaply as technologically possible and that meant finding the markets with the most trading, or the greatest liquidity in today's parlance. Minimizing competition was essential to keep a large number of orders flowing, and the merger helped the NYSE maintain its reputation for providing superior liquidity." The Civil War greatly stimulated speculative securities trading in New York. By 1869, membership had to be capped, and has been sporadically increased since. The latter half of

11319-431: The NYSE imposed rules restricting brokers from voting uninstructed shares. The Stock Exchange Luncheon Club was situated on the seventh floor from 1898 until its closure in 2006. On April 21, 2005, the NYSE announced its plans to merge with Archipelago in a deal intended to reorganize the NYSE as a publicly traded company. NYSE's governing board voted to merge with rival Archipelago on December 6, 2005, and became

11466-454: The NYSE reopened on May 26, 2020. The main New York Stock Exchange Building , built in 1903, is at 18 Broad Street, between the corners of Wall Street and Exchange Place, and was designed in the Beaux Arts style by George B. Post . The adjacent structure at 11 Wall Street, completed in 1922, was designed in a similar style by Trowbridge & Livingston . The buildings were both designated

11613-629: The New York Stock and Exchange Board, the broker organization began renting out space exclusively for securities trading, which previously had been taking place at the Tontine Coffee House . Several locations were used between 1817 and 1865, when the present location was adopted. The invention of the electrical telegraph consolidated markets and New York's market rose to dominance over Philadelphia after weathering some market panics better than other alternatives. The Open Board of Stock Brokers

11760-560: The Radio Frequency (RF) environment providing stronger signals. Beamforming was integrated into the version of the 802.11 standard and 802.11ac. Ruckus introduced BeamFlex+ with Polarization Diversity Maximal Ration Combining (PD-MRC) to handle complex wireless environment and it was an upgraded technology of BeamFlex. Ruckus ICX Switches offers Campus Fabric technology in FastIron Operation system across all portfolio of Switches. It

11907-733: The Traffic Police, the City Armed Reserve, the Central Crime Branch and the City Crime Record Bureau and runs 86 police stations, including two all-women police stations. Other units within the BCP include Traffic Police, City Armed Reserve (CAR), City Special Branch (CSB), City Crime Branch (CCB) and City Crime Records Bureau (CCRB). As capital of the state of Karnataka, Bengaluru houses important state government facilities such as

12054-572: The Whitefield region, is the most polluted area in Bengaluru. In 2016, a study found that over 36% of diesel vehicles in the city exceed the national limit for emissions. Anil Kumar, Commissioner of the BBMP, said: "The deteriorating air quality in cities and its impact on public health is an area of growing concern for city authorities. While much is already being done about collecting and monitoring air quality data, little focus has been given on managing

12201-543: The area. The new centre had its own municipal and administrative apparatus, though technically it was a British enclave within the territory of the Wodeyar Kings of the Princely State of Mysore . Two important developments which contributed to the rapid growth of the city, include the introduction of telegraph connections to all major Indian cities in 1853 and a rail connection to Madras (now Chennai), in 1864. In

12348-624: The asserted claims of the ’454 and ’143 patents. On May 24, 2010, Ruckus announced that it has been granted a Wi-Fi Security Patent for Dynamic Authentication and Encryption by the United States Patent and Trademark Office (USPTO) This patent is based on a technology developed by Ruckus called Dynamic Pre Shared Key, which require unique security keys to each WLAN user while Pre Shared Keys requires all user of WLAN to use same security key. The technology also aims to dynamically generate security keys and provision. On May 20, 2013, Ruckus introduced

12495-548: The building of the Lal Bagh Botanical Gardens in 1760. Under them, Bengaluru developed into a commercial and military centre of strategic importance. The Bengaluru fort was captured by British forces under Lord Cornwallis on 21 March 1791 during the Third Anglo-Mysore War and formed a centre for British resistance against Tipu Sultan. Following Tipu's death in the Fourth Anglo-Mysore War (1799),

12642-402: The button that signals the bells to ring. Due to the amount of coverage that the opening/closing bells receive, many companies coordinate new product launches and other marketing-related events to start on the same day as when the company's representatives ring the bell. It was only in 1995 that the NYSE began having special guests ring the bells on a regular basis; prior to that, ringing the bells

12789-763: The city and 10,456,000 in the urban agglomeration, up from 8.5 million at the 2011 census. It is the third most populous city in India, the 18th most populous city in the world and the fifth most populous urban agglomeration in India. With a growth rate of 38% during the decade, Bengaluru was the fastest-growing Indian metropolis after New Delhi between 1991 and 2001. Residents of Bengaluru are referred to as "Bangaloreans" in English, Bengaloorinavaru or Bengaloorigaru in Kannada and Banglori in Hindi or Urdu . People from other states have migrated to Bengaluru to study or work there as well. According to

12936-498: The city and connects with five sewage treatment centres located in the city's periphery. In the 16th century, Kempe Gowda I constructed many lakes to meet the town's water requirements. The Kempambudhi Kere, since overrun by modern development, was prominent among those lakes. In the first half of the 20th century, the Nandi Hills waterworks were commissioned by Sir Mirza Ismail ( Diwan of Mysore, 1926–41 CE) to provide

13083-588: The city of Bengaluru lies in the Bangalore Urban district of Karnataka and the surrounding rural areas are a part of the Bangalore Rural district . The Government of Karnataka has carved out the new district of Ramanagara from the old Bangalore Rural district. Bengaluru's topography is generally flat, although the western parts of the city are hilly. The highest point is Vidyaranyapura Doddabettahalli , 962 m (3,156 ft) above sea level, situated to

13230-570: The city on India's urban map. After India's independence in August 1947, Bengaluru remained in the newly carved Mysore State of which the Maharaja of Mysore was the Rajapramukh (appointed governor). The "City Improvement Trust" was formed in 1945, and in 1949, the "City" and the "Cantonment" merged to form the Bangalore City Corporation . The Government of Karnataka later constituted

13377-453: The city's socioeconomic parameters (traffic, quality of life ) air quality and noise pollution were poor. The BBMP works in conjunction with the Bangalore Development Authority (BDA) and the Agenda for Bangalore's Infrastructure and Development Task Force (ABIDe) to design and implement civic and infrastructural projects. The Bengaluru City Police (BCP) has seven geographic zones, includes

13524-415: The city. The presence of numerous notable sporting arenas in Bengaluru makes it one of the country's sporting hubs. Bangalore is an anglicised version of the city's Kannada name Bengalūru . It was the name of a village near Kodigehalli in Bengaluru city today and was used by Kempe Gowda to name the city as Bengalūru at the time of its foundation in 1537. The earliest reference to the name "Bengalūru"

13671-475: The companies the winner of its 2012 Broadband Wireless Access Innovation award. Tikona network consisted of over 40,000 Ruckus ZoneFlex™ access points across 30 cities. IDC MarketScape: Worldwide Enterprise WLAN 2013-2014 Vendor Analysis” (doc #243354, September 2013) announced that Ruckus is named as leader in WLAN market. The report had 3 vendors named as leaders including Cisco, Ruckus and Aruba. On April 4, 2016, it

13818-697: The company's first development centre in India, joining the company's four other R&D centres in Taiwan (Taipei), China (Shenzhen), Israel (Tel Aviv), and US (Sunnyvale, CA). With 2013 YFind's acquisition, a R&D center in Singapore also added. Ruckus went public on the New York Stock Exchange on November 16, 2012, under the symbol RKUS. On 12 June 2012, In an awards gala in London, Global Telecoms Business recognized Ruckus and Tikona Digital Networks for building world's largest outdoor wireless mesh network in India, naming

13965-536: The company. Selina Lo was the first CEO of the company and continued until company's acquisition by Brocade Communications in 2016. At its initial days, RUCKUS focuses on In-Home IPTV content distribution over wireless. In 2007, Ruckus introduced a miniaturised wireless multimedia adapter, the MediaFlex USB Dongle, designed to provide wireless connectivity to in-home multimedia devices such as set-tops and media center systems. At 2007 CES event, Ruckus demonstrated

14112-423: The cost of seat reached a then-record $ 185,000. The most expensive inflation-adjusted seat was sold in 1929 for $ 625,000, which, today, would be over six million dollars. In recent times, seats have sold for as high as $ 4 million in the late 1990s and as low as $ 1 million in 2001. In 2005, seat prices shot up to $ 3.25 million as the exchange entered into an agreement to merge with Archipelago and became

14259-490: The country who converted Bengaluru's large plots and colonial bungalows into multi-storied apartments. In 1985, Texas Instruments became the first multinational corporation to set up base in Bengaluru. Other information technology companies followed suit and by the end of the 20th century, Bengaluru had established itself as the Silicon Valley of India . Today, Bengaluru is India's third most populous city. During

14406-408: The crowd that helps to bring buyers and sellers together. The auction process moved toward automation in 1995 through the use of wireless handheld computers (HHC). The system enabled traders to receive and execute orders electronically via wireless transmission. On September 25, 1995, NYSE member Michael Einersen, who designed and developed this system, executed 1000 shares of IBM through this HHC ending

14553-559: The current boundaries, and in 1986, the Bangalore Metropolitan Region Development Authority , was established to co-ordinate the development of the entire region as a single unit. On 8 February 1981, a major fire broke out at Venus Circus in Bengaluru, where more than 92 people died, the majority of them children. Bengaluru experienced a growth in its real estate market in the 1980s and 1990s, spurred by capital investors from other parts of

14700-533: The developing world such as Mumbai (50%) and Nairobi (60%). The 2008  National Crime Records Bureau statistics indicate that Bengaluru accounts for 8.5% of the total crimes reported from 35 major cities in India which is an increase in the crime rate when compared to the number of crimes fifteen years ago. In the Ease of Living Index 2020 ( published by the Ministry of Housing & Urban Affairs ), it

14847-500: The dongle with Motorola set top box VIP1720. On September 19, 2005, Ruckus announced that it has secured $ 9 million in its second round of financing, which increases total investment in the company to over $ 14 million since its formation in June 2004. Sutter Hill Ventures and Investor Growth Capital, the venture capital arm of Investor AB of Sweden, led the new financing. Existing investors Sequoia Capital and WK Technology Fund completed

14994-518: The elected members of the council. Elections to the BBMP were held on 28 March 2010, after a gap of three and a half years since the expiry of the previous elected body's term, and the Bharatiya Janata Party was voted into power – the first time it had ever won a civic poll in the city. Indian National Congress councillor Sampath Raj became the city's mayor in September 2017;

15141-605: The end of the 13th century, Bengaluru became a source of contention between two warring cousins, the Hoysala ruler Veera Ballala III of Halebidu and Ramanatha, who administered from the Hoysala held territory in Tamil Nadu. Veera Ballala III had appointed a civic head at Hudi (now within Bangalore Municipal Corporation limits), thus promoting the village to the status of a town. After Veera Ballala III's death in 1343,

15288-511: The gong was switched to the bell format that is currently being used. The bell itself was produced by Bevin Brothers in East Hampton, Connecticut , which is known colloquially as "Bell Town" for its history of bell foundries and metal toy manufacturing. A common sight today is the highly publicized events in which a celebrity or executive from a corporation stands behind the NYSE podium and pushes

15435-468: The highest priced shares on the NYSE, hit $ 200,000 a share for the first time. On July 8, 2015, technical issues affected the stock exchange, halting trading at 11:32 am ET. The NYSE reassured stock traders that the outage was "not a result of a cyber breach", and the Department of Homeland Security confirmed that there was "no sign of malicious activity". Trading eventually resumed at 3:10 pm ET

15582-486: The holiday is observed on the closest weekday. In addition, the Stock Exchange closes early on the day before Independence Day, the day after Thanksgiving, and Christmas Eve. The NYSE averages about 253 trading days per year. The New York Stock Exchange (sometimes referred to as " The Big Board ") provides a means for buyers and sellers to trade shares of stock in companies registered for public trading. The NYSE

15729-468: The impacts that bad air quality is having on the health of citizens." According to a 2012  report submitted to the World Bank by Karnataka Slum Clearance Board, Bengaluru had 862 slums out of around 2000 slums in all of Karnataka. 42% of the households migrated from different parts of India like Chennai , Hyderabad and most of North India , and 43% of the households had remained in

15876-451: The maharaja. In 1809, the British shifted their cantonment to Bengaluru, outside the old city, and a town grew up around it. Following India's independence in 1947, Bengaluru became the capital of Mysore State , and remained the capital when the state was enlarged and unified in 1956 and renamed Karnataka in 1973. The two urban settlements of Bengaluru, the town and the cantonment, which had developed as independent entities, merged into

16023-427: The massive investments required to reverse the rapid decline in city transport, driving new and expanding businesses elsewhere in India. Bengaluru is a hub for Indian biotechnology -related industry and in 2005 was home to around 47% of the 265 biotechnology companies in India, including Biocon , India's largest biotechnology company, giving Bengaluru the nickname of the "Biotech Capital of India". Bengaluru

16170-441: The members attempted to gain entry into the exchange. In the aftermath of the September 11 attacks , the NYSE was closed for four trading sessions, resuming on Monday, September 17, one of the rare times the NYSE was closed for more than one session and only the third time since March 1933. On the first day, the NYSE suffered a 7.1% drop in value (684 points); after a week, it dropped by 14% (1,370 points). An estimated $ 1.4 trillion

16317-530: The merger "would have led to a near-monopoly in European financial derivatives worldwide". Instead, Deutsche Börse and NYSE would have to sell either their Eurex derivatives or LIFFE shares in order to not create a monopoly. On February 2, 2012, NYSE Euronext and Deutsche Börse agreed to scrap the merger. In April 2011, Intercontinental Exchange (ICE), an American futures exchange , and NASDAQ OMX Group had together made an unsolicited proposal to buy NYSE Euronext for approximately US$ 11,000,000,000,

16464-416: The new CBRS LTE portfolio. U.S. Citizens Broadband Radio Service (CBRS) 3.5 GHz LTE access points and related cloud subscription services were introduced by Ruckus to enable enterprises to deploy private LTE network. Ruckus conducted live demonstration at MWC'18. In December 2019, it was reported that a security researcher had found several vulnerabilities in the web user interface software that runs on

16611-710: The next empire to rule the region was the Vijayanagara Empire , which itself saw the rise of four dynasties, the Sangamas (1336–1485), the Saluvas (1485–1491), the Tuluvas (1491–1565), and the Aravidu (1565–1646). During the reign of the Vijayanagara Empire, Achyuta Deva Raya of the Tuluva dynasty raised the Shivasamudra Dam across the Arkavati river at Hesaraghatta , whose reservoir

16758-486: The nineteenth century saw rapid growth in securities trading. Securities trade in the latter nineteenth and early twentieth centuries was prone to panics and crashes. Government regulation of securities trading was eventually seen as necessary, with arguably the most dramatic changes occurring in the 1930s after a major stock market crash precipitated the Great Depression . The NYSE has also imposed additional rules in response to shareholder protection controls, e.g. in 2012,

16905-499: The northeast and the southwest monsoons , and the wettest months is September, followed by October and August. The summer heat is moderated by fairly frequent thunderstorms , which occasionally cause power outages and local flooding. Most of the rainfall occurs during the late afternoon or evening and rain before noon is infrequent. November 2015 (290.4 mm) was recorded as one of the wettest months in Bengaluru with heavy rains causing severe flooding in some areas, and closure of

17052-585: The northwest of the city. No major rivers run through the city, although the Arkavathi and South Pennar cross paths at the Nandi Hills , 60 km (37 mi) to the north. River Vrishabhavathi , a minor tributary of the Arkavathi, arises within the city at Basavanagudi and flows through the city. The rivers Arkavathi and Vrishabhavathi together carry much of Bengaluru's sewage . A sewerage system, constructed in 1922, covers 215 km (83 sq mi) of

17199-727: The oversubscribed round. WK Technology Fund led the $ 3.5 million first round of financing, while Sequoia Capital and private investors provided the initial $ 1.5 million of seed money. Ruckus Wireless has also appointed Wen Ko, founding managing director of WK Technology Fund, to its board of directors. In addition to Mr. Ko, the Ruckus board of directors includes Dominic Orr, chairman and former CEO of Alteon WebSystems and later Aruba Networks , Selina Lo, president and CEO, Gaurav Garg, former founder of Redback Networks and partner at Sequoia Capital , and Bill Kish, CTO and co-founder of Ruckus Wireless. In January 2005, RUCKUS announced that company signed

17346-613: The parent company of United Airlines , which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis . Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as

17493-566: The princely territory of Mysore, Cantonment had a large military presence and a cosmopolitan civilian population that came from outside the princely state of Mysore, including British and Anglo-Indians army officers. Bengaluru was hit by a plague epidemic in 1898 that claimed nearly 3,500 lives. The crisis caused by the outbreak catalysed the city's sanitation process. Telephone lines were laid to help co-ordinate anti-plague operations. Regulations for building new houses with proper sanitation facilities came into effect. A health officer

17640-498: The recently acquired Ruckus Wireless. In February 2017, Arris International announced that it would acquire Broadcom's Ruckus Wireless and ICX Switch businesses for $ 800 million. The deal was completed on December 1, 2017. In November 2018 it was announced that CommScope would purchase Arris group including Ruckus Networks, for $ 7.4 billion. The acquisition was completed in April 2019. At MWC2018 at Barcelona, Ruckus Networks announced

17787-489: The recently acquired Ruckus. RUCKUS Networks started in 2002 as an incubator project with name SCEOS (Sequoia Capital Entertainment Operating System) funded by a small seed round from Sequoia Capital , in Menlo Park, California . After incubation Ruckus was incorporated in June 2004 as Video54 Technologies Inc., by William Kish and Victor Shtrom. Sequoia Capital , WK Technology Fund, and Sutter Hill Ventures initially funded

17934-552: The region was involved in trans-oceanic trade with the Romans and other civilisations in 27 BCE. The region of modern-day Bengaluru was part of several successive South Indian kingdoms. Between the fourth and tenth centuries, the region was ruled by the Western Ganga dynasty of Karnataka, the first dynasty to set up effective control over the region. According to Edgar Thurston , there were twenty-eight kings who ruled Gangavadi from

18081-534: The reign of Raja Raja Chola I , the Cholas defeated the Western Gangas under the command of the crown prince Rajendra Chola I , and captured Bengaluru. During this period, the Bengaluru region witnessed the migration of many groups—warriors, administrators, traders, artisans, pastorals, cultivators, and religious personnel from Tamil Nadu and other Kannada-speaking regions. The Chokkanathaswamy temple at Domlur ,

18228-451: The remainder of the day. (The biggest one-day decline in the S&;P 500 since 1987 was the 11.98% drop on March 16, 2020 .) Until 2005, the right to directly trade shares on the exchange was conferred upon owners of a limited number of "seats". The term comes from the fact that up until the 1870s NYSE members sat in chairs to trade. In 1868, the number of seats was fixed at 533, and this number

18375-541: The same day Ruckus introduced a new Wall Switch access points ZoneFlex 7025 which fits compact into wall jack junction box and provides additional switch ports. Ruckus aims to provide multi-service using this access points in-room hospitality requirements and claimed it is Industry's first Wall jack/Wall switch/Wall jack access point. On Jan 27, 2012, Ruckus opened a new R&D center in Diamond District Office Building, Bangalore, India operations will be

18522-592: The same day. On May 25, 2018, Stacey Cunningham , the NYSE's chief operating officer, became the Big Board's 67th president, succeeding Thomas Farley. She is the first female leader in the exchange's 226-year history. In March 2020, the NYSE announced plans to temporarily move to all-electronic trading on March 23, 2020, due to the COVID-19 pandemic . Along with the PHLX and the BSE ,

18669-510: The second-biggest one-day drop the exchange had experienced. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989—the Mini-Crash of 1989 . The crash was apparently caused by a reaction to a news story of a $ 6.75 billion leveraged buyout deal for UAL Corporation,

18816-404: The section "Notable bell-ringers"). The signal to start and stop trading was not always a bell; a gavel was the original signal, which is still utilized alongside the bell. However, the gavel is frequently damaged. During the late 1800s, the NYSE decided to switch the gavel for a gong to signal the day's beginning and end. After the NYSE changed to its present location at 18 Broad Street in 1903,

18963-452: The slums for over 10 years. The Karnataka Municipality works to shift 300 families annually to newly constructed buildings. One-third of these slum clearance projects lacked basic service connections, 60% of slum dwellers lacked complete water supply lines and shared BWSSB water supply. Ιn 2012, Bengaluru generated 2.1 million tonnes of Municipal Solid Waste , or 194.3 kilograms per person. Waste management in Karnataka

19110-686: The start of the Christian era until its conquest by the Cholas. The Western Gangas ruled the region initially as a sovereign power (350–550 CE), and later as feudatories of the Chalukyas of Badami , followed by the Rashtrakutas until the tenth century. The Begur Nageshwara Temple was commissioned around 860, during the reign of the Western Ganga King Ereganga Nitimarga I, and extended by his successor Nitimarga II. Around 1004, during

19257-469: The stock market, either through individual stocks, mutual funds , or retirement accounts . The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement . Previously, securities exchange had been intermediated by the auctioneers , who also conducted more mundane auctions of commodities such as wheat and tobacco. On May 17, 1792, twenty-four brokers signed

19404-588: The then ruler of the Kingdom of Mysore for three lakh rupees. After the death of Krishnaraja Wodeyar II in 1759, Hyder Ali , Commander-in-Chief of the Mysore Army, proclaimed himself the de facto ruler of the Kingdom of Mysore. Hyder Ali is credited with building the Delhi and Mysore gates at the northern and southern ends of the city in 1760. The kingdom later passed to Hyder Ali's son Tipu Sultan . Hyder and Tipu directed

19551-471: The trading floor below. Some traders booed, and some laughed and waved. Three months later the stock exchange enclosed the gallery with bulletproof glass. Hoffman wrote a decade later, "We didn't call the press; at that time we really had no notion of anything called a media event." On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day,

19698-451: The vote was boycotted by the BJP . In September 2018, Indian National Congress councillor Gangambike Mallikarjun was elected as mayor, replacing Sampath Raj . In 2019 BJP 's M Goutham Kumar took charge as mayor. On 10 September 2020, the term of the BBMP council ended and Gaurav Gupta was appointed as the administrator of BBMP. The municipal commissioner of Bengaluru is Tushar Giri Nath, and

19845-410: The ’454 and ’143 patents.  Netgear also asserted claims for induced infringement and contributory infringement, alleging that Ruckus knowingly and intentionally caused Ruckus’ customers to infringe the asserted patents. On 4 November 2013, The Delaware jury returned a verdict of non-infringement for Ruckus, finding that Netgear failed to establish that any of the Ruckus accused products infringed

19992-444: Was abolished in 1843, only to be revived in 1881 at Bengaluru and closed down permanently in 1947, with Indian independence . The British found Bengaluru to be a pleasant and appropriate place to station their garrison and therefore moved their cantonment to Bengaluru from Seringapatam in 1809 near Ulsoor , about 6 km (4 mi) northeast of the city. A town grew up around the cantonment, by absorbing several villages in

20139-460: Was announced that Brocade Communications Systems had agreed to acquire Ruckus for $ 1.5 billion. The deal was completed on May 27, 2016. In November 2016, Broadcom announced their intention to acquire Brocade for $ 5.9 billion. The deal was finalized on November 21, 2017. Broadcom said it would retain Brocade's fibre channel SAN switching business and divest Brocade's IP networking business – including

20286-517: Was appointed and the city divided into four wards for better co-ordination. Victoria Hospital was inaugurated in 1900 by Lord Curzon , the then Governor-General of British India . New extensions in Malleswaram and Basavanagudi were developed in the north and south of the pētē. In 1903, motor vehicles came to be introduced in Bengaluru. In 1906, Bengaluru became one of the first cities in India to have electricity from hydro power , powered by

20433-456: Was closed shortly after the beginning of World War I (July 31, 1914), but it partially re-opened on November 28 of that year in order to help the war effort by trading bonds , and completely reopened for stock trading in mid-December. On September 16, 1920, the Wall Street bombing occurred outside the building, killing forty people and injuring hundreds more. The Black Thursday crash of

20580-527: Was delivered to the floor electronically. NYSE works with US regulators such as the SEC and CFTC to coordinate risk management measures in the electronic trading environment through the implementation of mechanisms like circuit breakers and liquidity replenishment points. Following the Black Monday market crash in 1987, NYSE imposed trading curbs to reduce market volatility and massive panic sell-offs. Following

20727-543: Was established in 1864 as a competitor to the NYSE. With 354 members, the Open Board of Stock Brokers rivaled the NYSE in membership (which had 533) "because it used a more modern, continuous trading system superior to the NYSE's twice-daily call sessions". The Open Board of Stock Brokers merged with the NYSE in 1869. Robert Wright of Bloomberg writes that the merger increased the NYSE's members as well as trading volume, as "several dozen regional exchanges were also competing with

20874-423: Was found in a ninth-century Western Ganga dynasty stone inscription on a vīra gallu (Kannada: ವೀರಗಲ್ಲು ; lit.   ' hero stone ' , a rock edict extolling the virtues of a warrior). According to an Old Kannada inscription found in Begur , "Bengalūrū" was the place of a battle in 890  CE . It was also referred to as "Kalyānapura" or "Kalyānapuri" ("Auspicious City") and "Dēvarāyanagara" during

21021-413: Was increased several times over the years. In 1953, the number of seats was set permanently at 1,366. These seats were a sought-after commodity as they conferred the ability to directly trade stock on the NYSE, and seat holders were commonly referred to as members of the NYSE. Seat prices varied widely over the years, generally falling during recessions and rising during economic expansions. In January 1927

21168-483: Was lost within five days of trading. The NYSE was only 5 blocks from Ground Zero . On May 6, 2010, the Dow Jones Industrial Average posted its largest intraday percentage drop since the crash on October 19, 1987, with a 998-point loss later being called the 2010 Flash Crash (as the drop occurred in minutes before rebounding). The SEC and CFTC published a report on the event, although it did not come to

21315-498: Was ranked the most livable Indian city with a population of over a million. Bengaluru has the same major urbanisation problems seen in many fast-growing cities in developing countries: rapidly escalating social inequality, mass displacement and dispossession, the proliferation of slum settlements, and epidemic public health crisis due to severe water shortage and sewage problems in poor and working-class neighbourhoods. Languages of Bengaluru (2011) The official language of Bengaluru

21462-485: Was restricted by rules made by the Emperor, who feared the potential power of Kempe Gowda and did not allow a stone fort. Kempe Gowda referred to the new town as his " gandubhūmi " or "Land of Heroes". Within the fort, the town was divided into smaller divisions, each called a pētē ( Kannada pronunciation: [peːteː] ). The town had two main streets—Chikkapētē Street and Doddapētē Street. Their intersection formed

21609-457: Was usually the responsibility of the exchange's floor managers. Many of the people who ring the bell are business executives whose companies trade on the exchange, usually to announce new products, acquisitions, mergers or public offerings. However, there have also been many famous people from outside the world of business that have rung the bell, such as the Mayor of New York City Rudy Giuliani and

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