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However, Salsette, Bassein, Mazagaon, Parel, Worli, Sion, Dharavi, and Wadala still remained under Portuguese possession.

From 1665 to 1666, the English managed to acquire Mahim, Sion, Dharavi, and Wadala.

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 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.