GOLDEN RULES FOR TRADING

FREE DAILY SECTORS ALERT - 11.12.2013

* AVIATION: The proposed amendments to the existing aircraft leasing norms are unlikely to be implemented before the general elections, civil aviation secretary has said. 

* AUTOMOTIVE: Japan 's Isuzu Motors is setting up its first car plant in South India at an investment of 30 bln rupees. 

* CHEMICALS & FERTILISERS: Demand for chemical pesticides in 2013-14 (Apr-Mar) is seen down 1% at 54,685 tn from 55,249 tn in the previous year. 

* COMMODITIES: Food Minister K.V. Thomas said the government is considering restructuring of the import duty on edible oils. 

* ECONOMY: India is looking to raise import of crude from Iran and make existing trade arrangements with the West Asian nation more efficient, Economic Affairs Secretary said. Commerce and industry ministry will release trade data for November on Wednesday. 

* ENERGY: Supreme Court rejected an appeal to restrain a promoter group from moving International Court of Arbitration to settle a dispute on ownership of 155 mln shares of Haldia Petrochemicals. Prices of cooking gas in India increased 3.46 rupees per cylinder after the Government raised commission paid to dealers by over 9%. 

* GOVERNMENT: Appointments Committee of the Cabinet has designated Revenue Secretary Sumit Bose as the new finance secretary. 

* INSURANCE: Aegon Religare Life Insurance has received IRDA's approval for majority of the 12 products it aims to re-launch under the new product regime from Jan 1. 

* LEGAL: The Supreme Court has allowed The Chatterjee Group to continue with arbitration proceedings before the International Chamber of Commerce, Paris, to resolve its dispute with the West Bengal government over the ownership of Haldia Petrochemicals Ltd. 

* PHARMACEUTICALS: The Reserve Bank of India has sought clarity on whether foreign portfolio investments can be allowed in existing companies without government approval. 

* RAILWAYS: Indian Railways earned revenue of 893.39 bln rupees for Apr-Nov of the current financial year (Apr-Mar), up by 13.27% on year. 

* REGULATORS: SEBI's international advisory board has suggested implementation of tougher measures to curb insider trading activity.

* TELECOM: Delhi High Court has sought details of Nokia India 's offer to the Brazilian government to settle its tax demand in the Latin American country.