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East India Company is now an Indian Company!

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News is that the East Indian Company which ruled India over 200 yrs is bought by an Indian named Sanjiv Mehta for $1.5 Crores.
The Company which had ruled India over 200 yrs, was nationalised by British Government after the first war of independence in 1857. The company lost its glory and remained nominal after it was dissolved on 1st January 1874.

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