In an ironic twist of fate, the East India Company, which once ruled India for nearly 200 years, is now owned by an Indian business tycoon. Sanjiv Mehta, an Indian-origin British business tycoon, is the owner and CEO of East India Company. (File)

The East India Company established the British rule in India, and ruled the Indian subcontinent and other major parts of the world for nearly two centuries, expanding the British Empire to the point where was said that the sun never sets upon it. But what happened to the East India Company following disintegration of the British Empire after the second world war? Who is the current owner of this once world-conquering trading company?

When was East India Company established?

The East India Company was established in England on December 31, 1600

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