<p>The Centre also rejected 10 others from companies like Mahindra & Mahindra, INX Media and Telcordia Technologies, the finance ministry said in a statement.<br /><br />The ministry has also deferred as many as 21 proposals including Wipro’ s defence-related business. <br /><br />The other major proposals deferred include several media and IT companies like Zee Entertainment Enterprises, Jagaran Media Network, UTStarcom India Telecom and Verizon Communications.<br /><br />The other proposals cleared include Rs 1,932-crore proposal from Transcend Infrastructure for acquiring 100 per cent equity in Essar Telecom Infrastructure.<br /><br />The Rs 125-crore proposal from Frigorifico Allana, GETIT Infoservices’ Rs 96 crore plan to increase foreign equity and undertake additional activity in publishing.<br /><br />Other proposals cleared include Nisarg Building Art & Technology (Rs 51.81 crore), Turquoise Metals & Electricals (Rs 10.36 crore), Modi Naturals (Rs 7.92 crore), NTT Communications Corporation (Rs 7.4 crore), McNally Sayaji Engineering (Rs 6.23 crore) and Telstra (Rs 5.54 crore). <br /></p>
<p>The Centre also rejected 10 others from companies like Mahindra & Mahindra, INX Media and Telcordia Technologies, the finance ministry said in a statement.<br /><br />The ministry has also deferred as many as 21 proposals including Wipro’ s defence-related business. <br /><br />The other major proposals deferred include several media and IT companies like Zee Entertainment Enterprises, Jagaran Media Network, UTStarcom India Telecom and Verizon Communications.<br /><br />The other proposals cleared include Rs 1,932-crore proposal from Transcend Infrastructure for acquiring 100 per cent equity in Essar Telecom Infrastructure.<br /><br />The Rs 125-crore proposal from Frigorifico Allana, GETIT Infoservices’ Rs 96 crore plan to increase foreign equity and undertake additional activity in publishing.<br /><br />Other proposals cleared include Nisarg Building Art & Technology (Rs 51.81 crore), Turquoise Metals & Electricals (Rs 10.36 crore), Modi Naturals (Rs 7.92 crore), NTT Communications Corporation (Rs 7.4 crore), McNally Sayaji Engineering (Rs 6.23 crore) and Telstra (Rs 5.54 crore). <br /></p>