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Reliance Comm shares open 0.5 pc up

June, 16th 2008
Shares in Reliance Communications Ltd , opened 0.5 percent up after it said late on Friday Reliance Industries had claimed a right of first refusal to buy a controlling stake in it. By 9:55 a.m (0425 GMT), Reliance Communications shares were trading 0.52 percent higher at 546.15 rupees. Top listed firm Reliance Industries rose 1.62 percent to 2,305 rupees.