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.
Other articles related to "east india company, india, company":
... 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 ...
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... 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 was under the sovereignty of Golconda ... Van Goens, the Governor-General of Dutch India, laid siege to St Thome but were unsuccessful ... three ships belonging to the British East India Company were sunk ...
... MACAO Printed at the Honorable the East India Company's Press by P.P ... and Allen, Booksellers to the Honorable East India Company, London ... MACAO Printed at the Honorable the East India Company's Press by P.P ...
... British Government records, the records from the East India Company (and its successor the India Office) are not in The National Archives at Kew, London, but are stored by the British Library in London ... 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 the East India Company College, Haileybury, and Addiscombe ...
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