GOLDEN RULES FOR TRADING

FREE SECTORS ALERT - 07.11.2013

* BANKING: The Reserve Bank of India said wholly owned subsidiaries of foreign banks will be given "near-national treatment" and be allowed to open branches anywhere in the country, putting them on par with local Indian banks. 

* HOSITALITY: Four Season to have five to six hotels operational under management contracts by 2020. 

* FMCG: Bisleri International Chairman Ramesh Chauhan to enter the 'healthy' drink category in January. 

* REAL ESTATE: Prices of 'transfer of development' rights rise to 4,000 rupees per sq ft from 2,500 rupees in Mumbai.

* REGULATORY: The SEBI introduces more stringent auditing guidelines for stockbrokers and trading members. 

* TRADE: Commerce Minister Anand Sharma has defended free trade agreements that India has signed with various countries or group of countries.