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India's Reliance Industries KG-D6's facility located in the Indian state of Andhra Pradesh is pictured in this undated handout photo. India's Reliance Industries Ltd resumed crude oil production from its east coast MA-1 field on March 8 following an emergency shutdown in December, Upstream Regulator V.K. Sibal said on March 12, 2009. REUTERS/Reliance Industries/Handout (INDIA ENERGY BUSINESS IMAGE OF THE DAY TOP PICTURE) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS

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GTL Infra shares rise 4 pct on merger reports

Stocks

   

MUMBAI, April 9 | Wed Apr 9, 2008 10:02am IST

MUMBAI, April 9 (Reuters) - Telecoms tower firm GTL Infrastructure Ltd's (GTLI.BO) shares opened up 4 percent at 47 rupees after an official confirmed merger talks with Essar group's tower unit.

A GTL official, who did not wish to be identified, told Reuters earlier in the day that discussions were on with the Essars and it was also conducting a due diligence. (Reporting by Janaki Krishnan; Editing by Ramya Venugopal)

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