Once the world’s most powerful trading empire, the East India Company, has closed its chapter after being badly wounded for the second time in London. It ruled vast Indian territories in 1757, revolutionised global trade, but at a huge human cost, leaving behind a controversial legacy of money and violence. Now, the closure of a name that once commanded an empire underscores that no revision can last if its history is rooted in deep human exploitation.
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The company has been shut down after being liquidated in its modern form as a luxury retailer in London. The store and website have been closed, and over £ 600,000 (Rs 7.39 crore) in debt has been reported.
What happened?
The latest shutdown of the East India…