March 20, 1602: The Dutch East India Company is founded. The Dutch East India Company (Vereenigde Oost-indische Compagnie) was founded through the sponsorship of the Dutch government, who granted it a monopoly over trade in the East Indies through a charter that was set to expire after twenty-one years. The company could, through this charter, build forts and conduct military and diplomatic activities in the area, which would help to protect and direct Dutch trade in the East Indies

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Top 10 famous female warriors

Rani Lakshmibai: Best known as the Indian counterpart of Joan of Arc, Rani Lakshmibai was the queen of the princely state of Jhansi who retaliated the brutal and power-hungry regime of British East India Company with never-say-die attitude. This badass female warrior played a significant role during the Indian Rebellion of 1857 and died a martyr after fighting courageously.

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The Commutation Act of 1784 was introduced by William Pitt the Younger in response to the tea smuggling trade. Tea smuggling had been an extremely profitable enterprise due to the high rate of tax on tea. The Act reduced taxes from 119% to 12.5% which made legitimate sales of tea more lucrative for companies such as Twinings and for the British East India Company. It proved a success and it ended a hundred years of the tea smuggling trade.

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Source: British Library British East India Company advertisement of curiosities of the day - 1704

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Established in 1600, the East India Company was one of Britain's most prominent imperialistic entities in Asia

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