The stand-off between Bajaj Auto and TVS Motor Co over the alleged patent infringement continues with both the companies sticking to their positions.
"All I can say is we are confident of what we are doing. We are the most tax savvy company," TVS Chairman and Managing Director Venu Srinivasan told reporters on Wednesday on the sidelines of SIAM Annual Convention in New Delhi.
He, however, declined to comment on the company's future course of action saying, "We are taking the advise of our counsel."
Srinivasan said Flame -- the new 125 cc bike by TVS Motor --
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