Dalal Street and Fort in the city
Mumbai is India's financial capital in a literal sense: the central bank, the market regulator, both national stock exchanges, the largest banks and insurers and most of the asset management industry all sit within a few kilometres of each other, between Dalal Street, Nariman Point and Bandra Kurla Complex.
Named companiesNamed companies at Dalal Street and Fort, Mumbai
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Stock exchange
BSE is Asia’s oldest stock exchange, begun in 1875 as the Native Share and Stock Brokers’ Association under a banyan tree near Horniman Circle, and housed since 1980 in the 29-storey Phiroze Jeejeebhoy Towers on Dalal St
General insurer
New India Assurance was founded in 1919 by Sir Dorabji Tata and is the largest general insurer in India, Government-owned since 1973 and listed since 2017; its head office is New India Assurance Building at 87 Mahatma Ga
Asset management company
Tata Asset Management, the fund house of the Tata group, is run from Mulla House, Fort, and manages Tata Mutual Fund.
Asset management company
PPFAS Mutual Fund, run by Parag Parikh Financial Advisory Services from Great Western Building at Fort, manages the Parag Parikh Flexi Cap Fund, one of the largest equity schemes in India, from a single-fund beginning in
Broking
Prabhudas Lilladher, founded in 1944, is one of the old Dalal Street broking houses, still family-run from Sadhana House at Worli with institutional research, retail broking and wealth management.
Corporate group
Tata Sons is the holding company of the Tata group, founded by Jamsetji Tata in 1868 and headquartered at Bombay House on Homi Mody Street, Fort, since 1924.
What happens here
Other financial districts
Finance names at Dalal Street and Fort, Mumbai
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