In response to DoT’s rejection of its NLD licence proposal, TTSL has decided to comply with the FDI guidelines as may be finally deter mined and requested that in the meanwhile, the company’s NLD application be processed.

In response to DoT’s rejection of its NLD licence proposal, TTSL has decided to comply with the FDI guidelines as may be finally determined and requested that in the meanwhile, the company’s NLD application be processed. TTSL has suggested that companies with up to 49 per cent FDI should not be subjected to NLD licence guidelines.