EAST INDIA COMPANY

(popularly known as ‘John Company’) was founded in Eng. in 1600. Its sphere included both what is now called India and the East Indies. Its activities soon became confined in India, and the ae Brit. Imperial power were laid. ts power was consolidated and brought more under control of the Government in 1773. It became political rather than commercial, and was abolished when Ind. Government was taken over by Crown in 1858.