Cubic Corporation (NYSE: CUB) announced today that it has established a new subsidiary in India — Cubic Transportation Systems (India) Pvt. Ltd. — and is entering this dynamic regional market with a five-month trial of Cubic’s smart card-based fare collection technology aboard buses in Delhi. Cubic’s new office in the growing high-tech hub of Hyderabad, India, will pursue automated fare collection systems and services business throughout the country and provide software development support for transportation projects worldwide. Read more »