Previous known as Bombay, Mumbai is a major metropolitan city, which has transformed itself into an entity with thriving markets, and many different communities reflecting a cosmopolitan and trendy atmosphere. On the surface, it represents the ever-changing face of today’s India – the old coupled with the dynamic new and yet at its very core, the heart of the city is steeped in Indian customs and values. Mumbai is known as the business capital of India, and is the country’s principal financial and communications centre. India’s largest stock Exchange, which ranks as the third largest in the world is situated in Mumbai where the trading of stocks is carried out in billions of rupees every day.