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Michael's Church at Mahim (1534), The Portuguese also built several fortifications around the city like the Bombay Castle, Castella de Aguada (Castelo da Aguada or Bandra Fort), and Madh Fort.
The English were in constant struggle with the Portuguese vying for hegemony over Bombay, as they recognised its strategic natural harbour and its natural isolation from land-attacks.
The city houses important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India, the SEBI and the corporate headquarters of numerous Indian companies and multinational corporations.
It is also home to some of India's premier scientific and nuclear institutes like Bhabha Atomic Research Centre, Nuclear Power Corporation of India, Indian Rare Earths, Tata Institute of Fundamental Research, Atomic Energy Regulatory Board, Atomic Energy Commission of India, and the Department of Atomic Energy.
In 1960, following the Samyukta Maharashtra Movement, a new state of Maharashtra was created with Bombay as the capital.
1877 in Paris): "Etymologists have wrongly derived this name from the Portuguese Bōa Bahia, or (French: "bonne bai", English: "good bay"), not knowing that the tutelar goddess of this island has been, from remote antiquity, Bomba, or Mamba Dévi, and that she still..., possesses a temple".
This came at the insistence of the Marathi nationalist Shiv Sena party, which had just won the Maharashtra state elections, and mirrored similar name changes across the country and particularly in Maharashtra.
The islands were leased to several Portuguese officers during their regime.
The Portuguese Franciscans and Jesuits built several churches in the city, prominent being the St.