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Per capita income rises

NEW DELHINEW DELHIMUMBAI, FEB. 2.FEB. 2.FEB. 2 India's national per capita income in real terms at 1993-94 prices rose by 7.1 per cent to Rs. 11,799 during 2003-04 from Rs. 11,013 in the previous year. The per capita income at current prices is estimated at Rs. 20,989 during 2003-04 as against Rs. 19,040 in the previous year, a growth of 10.2 per cent, an official statement said today. — UNI

Warburg dilutes stake in Bharti

NEW DELHINEW DELHIMUMBAI, FEB. 2.FEB. 2.FEB. 2 Warburg Pincus said today it has partially divested its investment in Bharti Televentures, reducing its stake in the company to 12 per cent. "We continue to be a key investor in Bharti and remain confident of the potential and future prospects of the company,'' said Warburg Pincus Co-president, Charles R. Kaye, in a statement. — PTI

Siemens acquires stake in Pimac

NEW DELHINEW DELHIMUMBAI, FEB. 2.FEB. 2.FEB. 2 Siemens today announced the acquisition of a majority stake in Pimac Engineering and Services. In the first stage, Siemens will purchase 51 per cent stake for a consideration of Rs. 10.50 crores and plans to purchase the remaining stake in a phased manner. —

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S&P raises India's foreign currency rating
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Huge provisions pare Indian Bank's profit
Finland's focus on software
Educomp to design study materials for U.S. classrooms
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Exchange rates
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Per capita income rises
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