Reliance Infratel and GTL infrastructure have put on hold plans to merge their tower operations in a $11 billion deal, affecting Reliance Communication's ability to reduce debt and price its 3G services. ArcelorMittal and Indiabulls are in talks to form a joint venture to mine iron ore in Rajasthan and set up a steel plant in North India. Britannia will invest Rs. 100 crore to set up new plants in Bihar and Odisha to increase production and compete against Parle in the growing Indian biscuit market. Indian Railways has approached NPCIL about setting up two 500 mw nuclear power plants on railway land to generate captive power.
![Reliance Infratel, GTL call off merger deal ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)