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The '''East India Company''' (EIC) was also known as the [['''Honourable East India Company]] ''' (HEIC) and '[[John Company]]'. It was a joint-stock company that was granted an English Royal Charter on December 31, 1600 by Elizabeth I. The British East India Company started out as a commercial trading venture, but grew in strength and eventually virtually ruled India until the [[Indian Mutiny]] in 1857.