Portuguese East India Company Portuguese East India Company The Portuguese East India Company ( or ) was a short-lived ill-fated attempt by Philip III of Portugal to create a national chartered company to look after interests in Portuguese India in the face on encroachment by the Dutch and English following the personal union of the Portuguese and Spanish Crowns. Portuguese trade with India had been a crown monopoly since the Portuguese captain Vasco da Gama opened the sea route to India in 1497-99. The monopoly had been managed by the Casa da Índia, the royal trading house founded around 1500. The Casa was responsible
Time in Portugal 1861, the Astronomical Observatory of Lisbon was founded and, in 1878, it was tasked with the exclusive competence of calculate its mean solar time and to transmit it to rest of the country’s public services. Thus, in practice, Portuguese standard time was defined as the mean solar time at Lisbon Observatory longitude, which was later calculated as being GMT–00:36:44. In 1911, it was agreed that standard time in Portugal should be defined in accordance with the 1884 prime meridian system. By the Decree of 26 May 1911, a reform was approved regarding standard time in Portugal and in its overseas