With the victory in Battle of Buxar in 1764, the East India company gained the rights to administer Bengal. A revenue system, known as the Permanent Settlement was introduced by the company in India. The British confronted with the Portuguese, the French and the Dutch settlers in India and emerged as the supreme power. The company started its trading activities from India by 1769.
The Indian Rebellion of 1857 is recognized as the first significant protest against the rule of the British. This historical incident is popularly known as the First War of Independence or the Sepoy Mutiny. Soon after the Mughal rule shattered and the last nominal ruler Bahadur Shah Zafar was sent to Burma in exile and his children were killed.