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  • India: State Bank of India to invest $12 billion in developing 15GW of renewable energy by 2020
    The State Bank of India (SBI) announced that it plans to invest $12 billion in developing 15GW of renewable energy by 2020. The announcement was made at the country's first Renewable Energy Global Investors Meet in New Dehli during the week beginning January 16.
  • India: Tata Motors set to enter luxury bus segment in 2016 with Magna series buses with fiber roofs
    Tata Motors is prepared to enter the luxury bus segment with the Magna, which will be a multi-axle luxury bus, series. The buses will be manufactured at the company’s facility in Dharwad, Karnataka. The roof of the new buses will be made of fiber instead of metal and will follow all the latest safety norms, along with certain other specifications such as a larger wheel base. The buses will be available for purchase in the first half of fiscal 2016 and will be priced at Rs 45-50 lakh.
 

 
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