Media and Advertising main objects

. To carry on in India or abroad the business of event management, advertising and publicity agents, sub-agents, consultants and contractors and for this purpose to purchase, sell, sponsor, charter, manage, acquire, undertake, hold, provide and promote, publicity or advertising time space or opportunity on and radio station, broadcasting center, television center, music video and music  audio video cassettes, hoarding, neon signs, electronic display board, cinema cable network,  newspaper, magazines, souvenirs and all other present and future medias or device s including electronic media through internet and other display devices of all kinds and descriptions or to organize trade fairs, exhibitions, road shows to promote the sale or any other interest of its clients.

2. To carry on the business of advertising agency for providing to advertise a complete range of advertising services on all mass media such as hoardings, newspapers, magazines, radio, television and film and to organize and conduct events, stage shows, fashion shows, trade fairs and exhibitions.

3  To carry on the business of public relations, show promotion, advertisers, advertising contractors and advertising agents, printers, publishers, designers, lithographers, engravers, and to  acquire and undertake the whole or any part of the business property and liabilities of any person,  firm or company carrying on any of such business or any other business which may be usefully carried  on therewith including business relating to travels and tour promotions.

4. To carry on the business of marketing, and to carry on designing and producing, publishing of banners, magazines, catalog and broachers.

Govt plans to curb RBI role in financial markets source Times of india

MUMBAI: The Union Budget proposes to take away regulatory power of the Reserve Bank of India (RBI) over secondary market trading in government securities and move it to the Securities and Exchange Board of India (Sebi). This is in addition to ending RBI's role as the government's merchant banker by creating a Public Debt Management Agency. 

Tucked in the Financial Bill is a clause that seeks to amend Clause 45U and 45W of the Reserve Bank of India Act. This section defines RBI powers in the financial markets. These measures and other proposals such as amendment to Foreign Exchange Management Act to shift regulation-making power on equity-related capital flows to the government, moving government debt management to a Public Debt Management Agency and the move to implement recommendations of the Financial Sector Legislative Reforms Commission (FSLRC) headed by Justice Srikrishna leaves the RBI with a much smaller turf. 

Most of the moves in the budget have been the subject of debate for many years. For instance, past committees had suggested Sebi overseeing secondary market trading in government bonds since it was the financial regulator. The shift of management of public debt to the government was many years back made by RBI itself on the grounds that there was a conflict of interest as RBI as the merchant banker would always seek to keep yields on G-secs low. The inclusion of several of these items in the budget seems to indicate that the government has taken a swift decisive decision on financial regulation.