TABLE OF CONTENTS The Securities and Exchange Board of India (SEBI) was set up in 1992 - along the lines of the Securities Exchange Commission in the US - as an autonomous body to regulate the securities market and to look after investors' interests. It has statutory powers and advises the government on matters dealing with capital markets. The scope of its duties is vast - it supervises the primary and secondary markets, financial intermediaries like stock brokers, merchant bankers, mutual funds and underwriters. It makes sure that norms for public issues and pricing are complied with. The changing business environment in the country has led to greater consolidation of industry, and an increase in takeovers and mergers. The SEBI has prescribed a takeover code to protect the interests of minority shareholders in such an event.
National Highway Authority of India
Telecom Regulatory Authority of India
Director General of Civil Aviation is the regulatory organization for enforcing civil air regulations. The scope is vast, and covers the registration of civil aircraft, licensing of pilots and aerodromes, investigating air accidents, formulating standards of airworthiness for aircraft and so on.
Central Electricity Regulatory Commission/State Electricity Regulatory Commission. Liberalization of the power sector has spawned the need for a regulatory body. As both the central and state governments legislate on the power sector, an ordinance promulgated recently by the central government provides for setting up separate regulatory bodies for the centre and the states. The commission at...
