Shares in Reliance Communications rose more than 3 percent on Monday after a Financial Times report Emirates Telecommunications (Etisalat) was close to buying 26 percent stake in the Indian firm.At 0340 GMT, shares in Reliance were up 3.3 percent at 193.25 rupees, while the Mumbai market was down 0.2 percent.(Reporting by Pratish Narayanan)(For more business news on Reuters India click http://in.reuters.com)News posted by www.newsinfoline.com
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