Consider the following statements regarding the Colonial cities of India:
I. The three big colonial cities Madras (Chennai), Calcutta (Kolkata) and Bangalore, were initially fishing and weaving villages.
II. They became important centres of trade due to the economic activities of the English East India Company.
III. Company agents settled in Madras in 1639 and Calcutta in 1690.
Which of the following statement(s) is/are correct?