Portal:Mumbai
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The Mumbai Portal Mumbai is the capital of the Indian state of Maharashtra and the financial capital of India. With a population of approximately 13.66 million it is one of the most populous cities in the world. Along with the neighbouring suburbs of Navi Mumbai andThane, it forms, at 18,950,000, the world's fifth most populous metropolitan area. Mumbai lies on the west coast of India and has a deep natural harbour. Mumbai's port handles over half of India's maritime cargo.
Mumbai is the commercial and entertainment centre of India, generating 5% of India's GDP and accounting for 25% of industrial output, 40% of maritime trade, and 70% of capital transactions to India's economy. Mumbai is one of the world's top ten centres of commerce by global financial flow, home to important financial institutions such as theReserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India and the corporateheadquarters of many Indian companies and numerous multinational corporations. The city also houses India's Hindifilm and television industry, known as Bollywood. Mumbai's business opportunities, as well as its potential to offer a better standard of living, attract migrants from all over India and, in turn, make the city a potpourri of many communities and cultures.
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Indian Institute of Technology Bombay was the second IIT to be established in 1958 with assistance from UNESCO and with funds contributed by the Soviet Union. UNESCO agreed to provide equipment and technical experts mainly from the Soviet Union, while the Government of India accepted the responsibility for all other expenses including the cost of the building project and recurring expenses.
The site chosen for the institute was Powai, eighteen miles (29 km) from the city of Mumbai, with an area of 550 acres (2.2 km2) which was given by the then Bombay State Government. While construction was being completed, the first academic session of the Institute opened on July 25, 1958, in its temporary home at the Synthetic and Art Silk Mills Research Association (SASMIRA) building in Worli (Mumbai) with 100 students. These students were selected from over 3,400 applicants for admission to the first year undergraduate programmes in Chemical, Civil, Electrical, Mechanical and Metallurgical Engineering. One of the main objectives of establishing the Institute was to develop facilities for studies in a variety of specialised engineering and technological sciences. The need for establishing adequate facilities for postgraduate studies and research was kept uppermost in mind in the founding years.
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The building of the Municipal Corporation of Greater Mumbai. It is the civic body that governs the city ofMumbai. It is India's richest municipal organisation. Its annual budget is even more than that of some of the small states of India. Established under the Bombay Municipal Corporation Act (1888), it is responsible for the civic infrastructure and administration of the city and some suburbs of Mumbai.
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Back Bay is a waterbody off the coast of Mumbai city, located to its (south) west.The shore of Back Bay includes the famed Chowpatty Beach of Mumbai. Other landmarks are the office district of Nariman Point, which is actually only an extension of the Back Bay Reclamation; the Queen's Necklace, which is a promenade road along much of theforeshore, that was once called the Marine Drive during British rule, and has been since renamed as the Netaji Subhashchandra Bose Road; the Oberoi Hotel; the Air India headquarters building; the Marine Plaza Hotel; theTaraporewala Aquarium; Wilson College, and the Malabar Hill promontory to the north-west of the bay, and which includes the wooded Governor's House or Raj Bhavan compound.
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