Over the next one and a half centuries, the square grew in importance and influence. It was named after Lord Dalhousie, the Governor-General of India. After the fall of company rule in India, Writers' Building became the secretariat of the Viceroy of India. A number of corporations and institutions opened offices and headquarters in and around the square, giving it its role as the central business district of the city. In 1912, the capital of British-occupied India was officially moved to New Delhi, but the majority of the financial and political institutions in the area remained.