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Nov 9, 2024 · The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade. It also traded cotton, silk, indigo, saltpeter, and tea and ...
- Regulating Act
Regulating Act, (1773), legislation passed by the British...
- Students
The most powerful and significant of these associations was...
- Regulating Act
The East India Company (EIC) [a] (1600–1874) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. [4] It was formed to trade in the Indian Ocean region, initially with the East Indies (South Asia and Southeast Asia), and later with East Asia.
- Foundation
- Trade
- A State Within A State
- Government Regulation
- Government Takeover
A royal charter created the English East India Company on 31 December 1600 as a limited joint stock company (people invested capital and received part of the profits) managed by a group of 215 merchants and investors headed by the Earl of Cumberland. Awarded by Elizabeth I of England (r.1558-1603), the charter granted the EIC the exclusive right to...
The EIC was heavily involved in what become known as the 'triangular trade', which involved exchanging precious metals for products made in India (notably fine textiles) and then selling these on in the East Indies in exchange for spices. The spices (above all pepper) were then shipped to London, where they commanded prices high enough to make a pr...
The Mughal Empire did receive some other benefits to these trade arrangements. Often British warships performed services and helped protect the interests of the emperors at sea. The British-Mughal relationship was affected by the Marathas who challenged and conquered Mughal territories in the southern and western areas of India in the 18th century....
In 1764-5, after the Battle of Buxar, the Mughal emperor Shah Alam II awarded the EIC the right to collect land revenue (dewani) in Bengal, Bihar, and Orissa. This was a major step and ensured the company had vast resources to expand and protect its traders, bases, armies, and ships. The EIC had now become the official imperial tool of the British ...
1857-58 saw the collapse of the Mughal Empire and the formal closure of the EIC as the British Crown repressed the Sepoy Mutiny (aka The Uprising or First Indian War of Independence) which rebelled against British rule. The causes of the rebellion were many and ranged from discrimination against Indian cultural practices to Indian princes not being...
- Mark Cartwright
Feb 7, 2006 · The East India Company was the trading company chartered in 1600 by Elizabeth I of England with a monopoly over the Eastern Hemisphere. Schemes for promoting the British fur trade between the Pacific coast and China, including those of Alexander Dalrymple and Alexander Mackenzie, necessitated inclusion of the East India Company, whose privileges deterred such commerce.
Feb 2, 2023 · The British East India Company (EIC) started as a joint stock trading company with a royal charter from Queen Elizabeth I in 1600. First conducting coastal trade in India, the company expanded to control its own territory, particularly in India.
- Mark Cartwright
- Publishing Director
- 2 important moments in the history of the British East India Company are the control of Bengal after the Battle of Plassey in June 1757 which gave...
- The British East India Company was a trading company founded in 1600. It controlled most of India by the mid-19th century but was then taken over b...
- The British East India Company first came to India between 1612 and 1619 when Sir Thomas Roe secured from the Mughal Emperor permanent trading righ...
Jul 13, 2009 · This article explores recent developments in the historiography of the English East India Company. It proposes that there has been an efflorescence of late in scholarship on the Company that is directly tied both to the resurgence of imperial studies in British history as well as to contemporary concerns such as globalization, border-crossings, and transnationalism.
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Although the forces of the East India Company were at first only concerned with protecting the direct interests of the Company, this was to change with the Battle of Plassey in 1757. Faced with a local uprising led by Siraj ud-Daula (with some French assistance!), the Company’s army led by Robert Clive quickly defeated the insurgents.
