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Eastern India is a region of India consisting of the Indian states of Bihar, [1] Jharkhand, [2] Odisha [3] and West Bengal [4] and also the union territory of the Andaman and Nicobar Islands. [5] The states of Bihar and West Bengal lie on the Indo-Gangetic plain. Jharkhand is situated on the Chota Nagpur Plateau.
The East India Company (EIC) [a] 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. The company gained control of large parts of South Asia and Hong Kong.
The Indian Rebellion was to be the end of the East India Company. In the wake of this bloody uprising, the British government effectively abolished the Company in 1858. All of its administrative and taxing powers, along with its possessions and armed forces, were taken over by the Crown.
Sep 9, 2024 · East India Company, English company formed in 1600 for the exploitation of trade with East and Southeast Asia and India. Starting as a monopolistic trading body, the company became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the mid-19th century.
- The Editors of Encyclopaedia Britannica
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- A State Within A State
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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
Oct 23, 2020 · The English East India Company was incorporated by royal charter on December 31, 1600 and went on to act as a part-trade organization, part-nation-state and reap vast profits from overseas...
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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.
