East India Company

East India Company

The British East India Company was an English and later (from 1707) British joint-stock company 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, 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.. 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. 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.

Read more about East India CompanyFounding, Foothold in India, Expansion, Regulation of The Company's Affairs, Indian Rebellion of 1857, Establishments in Britain, Legacy, Flags, Ships, Records

Other articles related to "east india company, india, company":

East India Company - Records
... Unlike all other British Government records, the records from the East India Company (and its successor the India Office) are not in The National Archives at Kew ... Many of the East India Company records are freely available online under an agreement that the Families in British India Society have with the British Library ... Published catalogues exist of East India Company ships’ journals and logs, 1600–1834 and of some of the Company's daughter institutions, including ...
Anthony Pohlmann
... Hanoverian soldier who served in the armies of the British East India Company and Daulat Scindia ... Pohlmann arrived in India as a sergeant in a Hanoverian regiment serving the East India Company in Madras ... He re-entered service with the East India Company as a lieutenant colonel in 1804 ...
List Of Paradox Interactive Games - E
... East India Company (2009) — PC East India Company Battle of Trafalgar (2009) — PC East India Company Privateer (2009) — PC Elven Legacy (2009) — PC Elven Legacy Magic (2009) — PC Elven Legacy ...
List Of Works By Robert Morrison (missionary)
... MACAO Printed at the Honorable the East India Company's Press by P.P ... by Black, Parbury, and Allen, Booksellers to the Honorable East India Company, London ... MACAO Printed at the Honorable the East India Company's Press by P.P ...
Sir William Langhorne, 1st Baronet - Tenure As Agent of Madras - French Siege of St Thome
... a French fleet of twelve ships of the newly established French East India Company commanded by Admiral De La Haye landed with three hundred men along the coast of St Thome and besieged the town which ... In the meantime, a Dutch fleet under Rickloff Van Goens, the Governor-General of Dutch India, laid siege to St Thome but were unsuccessful. 1673 in which three ships belonging to the British East India Company were sunk ...

Famous quotes containing the words company, east and/or india:

    The company of women of fashion will improve your manners, though not your understanding; and that complaisance and politeness, which are so useful in men’s company, can only be acquired in women’s.
    Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)

    Everybody ought to have a lower East Side in their life.
    Irving Berlin (1888–1989)

    India has 2,000,000 gods, and worships them all. In religion other countries are paupers; India is the only millionaire.
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)