East India Company

Topics: East India Company, British Empire, Indian Rebellion of 1857 Pages: 20 (6641 words) Published: April 7, 2013
East India Company
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This article is about the 17th-19th century English and British trading company. For other uses, see East India Company (disambiguation). |British East India Company | |[pic] | |Company flag after 1801 | |Former type |Public | |Industry |International trade | |Fate |Dissolved | |Founded |1600 | |Defunct |June 1, 1874 | |Headquarters |London, England |

|Colonial India | |[pic] | |Imperial Entities of India | |Dutch India |1604–1825 | |Danish India |1620–1869 | |French India |1759–1954 | |Portuguese India 1510–1961 | |Casa da Índia |1434–1833 | |Portuguese East India Company |1628–1633 | |British India 1613–1947 | |East India Company |1612–1757 | |Company rule in India |1757–1857 | |British Raj |1858–1947 | |British rule in Burma |1824–1942 | |1765–1947/48 | |Partition of India |1947 | |v | |t | |e |

The British East India Company was an English and later (from 1707) British joint-stock company[1] and megacorporation formed for pursuing trade with the East Indies but which ended up trading mainly with the Indian subcontinent. The East India Company traded mainly in cotton, silk, indigo dye, salt, saltpetre, tea and opium. The Company was granted a Royal Charter in 1600,[2] making it the oldest among several similarly formed European East India Companies. Shares of the company were owned by wealthy merchants and aristocrats. It was an example of an English joint stock company.[3]. The government owned no shares and had only indirect control. The Company eventually came to rule large areas of India with its own private armies, exercising military power and assuming administrative functions.[4] Company rule in India effectively began in 1757 after the Battle of Plassey and lasted until 1858 when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown assuming direct control of India in the new British Raj. The Company was dissolved in 1874 as a result of the East India Stock Dividend Redemption Act passed one year earlier, as the Government of India Act had by then rendered it vestigial, powerless and obsolete. Its functions had been fully absorbed into official government machinery in the British Raj and its private army had been nationalised by the British Crown. |Contents...
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