Tag: business studies

On 27th May 1498, a Portuguese sailor, Vasco da Gama crossed the Cape of Good Hope and reached Calicut in India. He was given a warm reception by the Hindu ruler, King Zamorin of Calicut. 

Francisco de Almeida was the first Viceroy of the Portuguese possessions in India. During his period, the Portuguese defeated the Arab traders. His policy was to increase the Portuguese naval power so that they would become the masters of the Indian Ocean. 

Francisco de Almeida was the first Viceroy of the Portuguese possessions in India. During his period, the Portuguese defeated the Arab traders. His policy was to increase the Portuguese naval power so that they would become the masters of the Indian Ocean. 

The Dutch United East India Company was a multinational corporation was founded in 1602 and lasted till 1799. The Dutch government had granted it a 21-yr monopoly on the spice trade which led to the trade between the company and India. Socio-economic changes in Europe, the shift in power balance and less successful financial management resulted in its slow decline.

The Dutch United East India Company was a multinational corporation was founded in 1602 and lasted till 1799. The Dutch government had granted it a 21-yr monopoly on the spice trade which led to the trade between the company and India. They established their first factory of Hooghly-Chinsura in Bengal.

St. George Fort, built in Madras in 1644 was the first fort buit by the British in India. It faced the sea and soon became the hub of merchant activity. It also helped to establish English influence over the Carnatic and to keep the kings of Arcot and Srirangapatna, as well as the French forces based at Pondichéry, at bay.

 In 1661 Bombay was presented to King Charles II as part of the dowry when he married Princess Catherine of Portugal.