FREE DAILY SECTORS ALERT - 13.11.2013

* COMMODITIES: Government allowed traders to register with the Directorate General of Foreign Trade for up to 50,000 tn of sugar for overseas sales. 

* ECONOMY: Rise in consumer price index-based inflation rate for October is "certainly disturbing," Prime Minister's Economic Advisory Council Chairman C. Rangarajan said.  India needs to enhance the reach of its National Pension System, especially for the unorganized sector, Finance Minister P. Chidambaram said. 

- Finance Minister P. Chidambaram said the country needed to improve its record of implementing projects. Economic Affairs Secretary Arvind Mayaram said those who are punting on higher dollar-rupee rate will "lose heavily." 

            - A committee will come out with clarifications on foreign direct investment and foreign institutional investment in two weeks, Arvind Mayaram said. Economic Affairs Secretary said the industrial production data for September should be looked in a positive way as it was moving in a desired direction. 

* EXCHANGES: Any decision that Forward Markets Commission takes on MULTI COMMODITY EXCHANGE OF INDIA will have a bearing on SEBI's decision on MCX Stock Exchange and other Financial Technologies group companies, SEBI Chairman said. 

* FINANCE: India Infrastructure Finance Co is planning to raise $750 mln from three global development finance agencies in 2014-15 (Apr-Mar). 

* FMCG: France 's Lactalis Group, the world's largest food products company, is looking to buy Tirumala Milk products for up to $300 mln. 

* INFRASTRUCTURE: Union Cabinet will mull a proposal to relax foreign direct investment norms in the construction sector on Wednesday. 

* MINING: The inter-ministerial group on coal blocks has recommended deallocation of 11 unutilised blocks given to companies like JINDAL STEEL & POWER and MONNET ISPAT & ENERGY. 

* REGULATORS: Government has excluded Pension Fund Regulatory and Development Authority Chairman Yogesh Agarwal from the selection panel formed to appoint two whole time members of the authority. The RBI, as part of its due diligence before granting banking licences, has sought details of credit accounts of the 26 applicants. 

* TELECOM: Vodafone India will spend around 70 bln rupees to expand its data network and coverage in addition to its annual capex of 50 bln rupees over the next few years. 

* TYRES: The government has asked industry body All India Rubber Industries Association to submit a detailed blueprint for the creation of a national rubber policy.