UPDATE - After launching the R15-S in Nepal, as expected, Yamaha has re-launched the Version 1.0 of YZF-R15 in India as well and it is priced @ Rs. 1,14,741. The bike is now on-sale in India and it is available in three new shades - Track White, Adrenalin Red & Spark Green.
Know more about Yamaha R15S here - http://autos.maxabout.com/bikes/yamaha/r15/yzf-r15s
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Yamaha R15 has been the best lightweight performance motorcycle since a long time in India. Its version 1.0 was discontinued in order to launch the new version 2.0. The new design was very impressive but lost the practicality of the older one. Yamaha Nepal has launched the same old looking version 1.0 with a new name, the R15-S.
As per the report on ‘Bikewale’, the basic body design has been kept the same as the older version, adding up the new exhaust and brakes from the version 2.0. Basically, both the versions are differentiated by the rear half of the motorcycle. Yamaha R15-S gets the ease of a 2 seater bike as the rear seat is quiet low as compared to the high as well as small seat of the R15 version 2.0. The major changes between the S and version 1.0 are least visible, limited just to the exhaust when seen from a distance.
News Source - Yamaha YZF R15-S launched in Nepal - BikeWale