Colony of Aden on 1 April 1937. On 18 January 1963, the colony was reconstituted as the State of Aden ( "Wilāyat ʿAdan") within the new Federation of South Arabia. The federation in turn became the People's Republic of South Yemen on 30 November 1967, marking the end of British rule. The hinterland of the Colony of Aden was separately governed as the Aden Protectorate. On 19 January 1839, the British East India Company landed Royal Marines at Aden to occupy the territory and stop attacks by pirates against British shipping to India. The British Army considered Aden an important place due to
Commercial paper in India Commercial Paper in Indian money market is an innovation in the Financial system of India. Prior to injection of Commercial Paper in Indian money market i.e. before 1990, the corporate companies had to depend upon the crude and traditional method of borrowing working capital from the commercial banks by pledging the inventory of raw materials as Collateral security. It involved more loss of time for the borrowing companies in availing the short-term funds for day-to-day production activities. The commercial paper has become effective instrument for these corporate companies to avail the short-term funds from the money market within shortest possible