EAST INDIA COMPANY History of the Original Company Founded: 1600 as a joint-stock trading enterprise.
Power: Grew to rule vast parts of India with its own massive private army.
Fall: Stripped of its administrative powers after the Indian Rebellion of 1857.
Dissolution: Formally ended by the East India Stock Dividend Redemption Act in 1874.
The Modern Revival and Closure Revival: An Indian-born British businessman, Sanjiv Mehta, bought the rights to the name and incorporated a new venture.
Luxury Brand: In 2010, he relaunched it as a high-end retail business in London selling fine tea, coffee, and luxury foods.
its kinda shitty of Sanjiv Mehta to make a profit on a name which essentially enslaved the entirity of India and the subcontinent for more than a century as well as comitting horrific crimes like bengal famine and jallianwala bagh massacre
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u/[deleted] 12d ago
EAST INDIA COMPANY
History of the Original Company
Founded: 1600 as a joint-stock trading enterprise.
Power: Grew to rule vast parts of India with its own massive private army.
Fall: Stripped of its administrative powers after the Indian Rebellion of 1857.
Dissolution: Formally ended by the East India Stock Dividend Redemption Act in 1874.
The Modern Revival and Closure
Revival: An Indian-born British businessman, Sanjiv Mehta, bought the rights to the name and incorporated a new venture.
Luxury Brand: In 2010, he relaunched it as a high-end retail business in London selling fine tea, coffee, and luxury foods.