The Phiroze Jeejeebhoy Towers, popularly known by its original name of BSE Towers, is a 29-storey building in downtown

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the '' de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...

Dalal Street Dalal Street ( hi, script=Latn, dalāl path, mr, script=Latn, dalāl gallī) in Financial District of Fort in Mumbai, is the address of the Bombay Stock Exchange and several financial institutions of the world. The term “Dalal Street” ha ...

, near its intersection with the Mumbai Samachar Marg. The building is owned and occupied by the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in ...

(BSE). BSE has secured a trademark for its iconic building.

History

Prior to 1928, the Bombay Stock Exchange (BSE) operated out of a building near the

Town Hall In local government, a city hall, town hall, civic centre (in the UK or Australia), guildhall, or a municipal building (in the Philippines), is the chief administrative building of a city, town, or other municipality. It usually ho ...

. The present site near Horniman Circle was acquired by the exchange in 1928, and a building was constructed and occupied in 1930. The street on which the site is located came to be called ''Dalal Street'' in Hindi (English: ''Broker Street'') due to the location of the exchange. Construction of the current towers began in the late 1970s, with the building completed and occupied by the BSE in 1980. It was initially called ''BSE Towers''. Soon after occupation, following the death of Sir

Phiroze Jamshedji Jeejeebhoy Sir Phiroze Jamshedji Jeejeebhoy (1915–1980) was the Chairman of the Bombay Stock Exchange (BSE) from 1966, until his death in 1980. The Bombay Stock Exchange is the largest of its kind in India, and one of the busiest in the world. Jeejee ...

, chairman of the BSE since 1966, the building was renamed in his memory. Upon its completion, it became one of the tallest Buildings in India. The building was a target of the

1993 Bombay bombings The 1993 Bombay bombings were a series of 12 terrorist bombings that took place in Bombay, Maharashtra, on 12 March 1993. The single-day attacks resulted in 257 fatalities and 1,400 injuries. The attacks were coordinated by Dawood Ibrahim, le ...

. The first of the 13 bomb blasts occurred at 13:25 hours on 12 March 1993 in the basement garage of the building. Almost 50 brokers and traders were killed and 30 cars were destroyed in the attack.

History

References

See also