Il :
for masculine singular nouns which start with a consonant.
E.g.: Il libro / the book
L' :
for masculine singular nouns which start with a vowel.
E.g. L' orologio / the watch
I :
for masculine plural nouns which start with a consonant.
E.g. I libri / the books
Gli : for masculine plural nouns which start with a vowel.
E.g. Gli orologi / the watches