Analysis of information sources in references of the Wikipedia article "Maratha Empire" in English language version.
From the Mughal point of view, the hostilities between the Company Bahadur and the Marathas could appear as a troublesome contest for power between the Imperial Diwan of Bengal and the Vakil-i Mutlaq or Imperial Regent. The actual participants of course were considerably more cynical of the position of the Emperor, both the English and Scindia treating their suzerain lord with scant respect..The paramount position of the Mughal within the rituals of supreme and sovereign authority may be amply demonstrated by reference to the coins of the late eighteenth and early nineteenth centuries. Following the doctrine of khutba and sikka, new claimants to hegemony could be expected to be revealed on the coins of different jurisdictions. Yet for much of India they are not to be found. Reference to the graph at the end of this paper will confirm that both the Marathas and the British coined in the name of the Mughal.
"ART VI Scindiah to renounce all claims the Seik chiefs or territories" (p. 318)
While the distracted Maratha kingdom of Aurangzeb's later ycars was fighting for survival, none could foresee that the insignificant British settlements of Bombay, Madras and Calcutta would one day become the political and economic bases of a vast empire.
On April 1787, a treaty was signed between Mysore and the Maratha Empire. It was the finalization of the treaty of Gajendragad. In this treaty, Tipu Sultan agreed to lay 40 lakh rupees to the Marathas as an arear, which his father Hyder Ali had owed to pay
Prominent among these chiefs were the Bhonsles who established themselves in Nagpur; the Scindhias who gained control of Gwalior; the Gaekwads who set themselves up in Baroda; and the Holkars who seized hold of Indore. Between the Peshwas and the Maratha chiefs there subsisted a relationship which it is most difficult to define. The chiefs were to all intents and purposes independent, yet they recognised the Peshwa as the head of the Maratha polity