Mumbai or Bombay was struck by the first major share market scandal in India in 1865.

The American Civil War and the sudden cotton export boom it had caused suddenly brought massive fortunes in the hands of speculators.
From merchant princes to lowly menials, everyone in Bombay jumped right into the speculation mania.
I look into the details of this episode in this and the next episode.

Join us on this 10-part journey as we decode, the rise of Bombay

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