TVS Motor denies buying LML India's assets
Two and three wheeler maker TVS Motor Company today denied it is buying the assets of LML India, another two wheeler company.autos Updated: Jul 13, 2010 16:39 IST
Two and three wheeler maker TVS Motor Company Tuesday denied it is buying the assets of LML India, another two wheeler company.
"TVS Motor Company hereby clarifies that as on date it does not have any plans to buy the assets of LML," a TVS spokesperson said in a statement.
The spokesperson was reacting on a report by television channel which said TVS was interested in buying LML's assets.
TVS Motor, the statement said, "is not aware of the source of this incorrect information carried in the said news report."