The East India Charter : royal charter issued on December 31,1600, under the name of the Governor & Company of Merchants of London trading with the East Indies, incorporating the British East India Company as a commercial organization.
... of Commons similar in spirit to the unanimous acclamation of Mr. Morley's speech. Warren Hastings—an old man of eighty—appeared at the bar to give evidence in connection with the renewal of the East India charter. He was received with acclamations, a chair was ordered for him, and when he retired the members rose and uncovered. The political instinct of the people perceived that this man, ruthless and ...
... English to trade in India in 1608. As a result, the English established a factory at Surat. However, India's connection with the West had started earlier with the Portuguese, who were the first Europeans to establish themselves in India and the last to leave. They arrived as early as 1498 via the ocean route discovered by Vasco-da-Gama. But it was the East India Company, chartered by the British crown... launched British rule in India. The British East India Company was established on 31 December 1600 AD, under a Royal Charter of Queen Elizabeth I for a period of 15 years for spice trading, with a capital of £70,000. In 1640, the Company acquired the site of modern Madras (Chennai), where it quickly built Fort St George. In 1668, King Charles II transferred to the East India Company the site of Bombay... under the control of the East India Company. From favourable locations on coasts -Madras, Bombay and Calcutta - the East India Company started tapping the interior resources of India's well-developed manufacturing economy, vast population and solid agricultural base; also the British started limiting India's access to world trade with tariffs, by taking command of India's textile industry and exporting ...
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