[LINK] Indian 3G spectrum auction bids at $1,900million

Mon Apr 26 16:43:05 AEST 2010

Rs.7,900.48 crore=
Rs.79,004,800,000=AUD79,004,800,000/41.1480=AUD1,920,015,553

> At the end of the 13th day of the auction, which began April 9, the provisional winning price for a nationwide licence stood at Rs.7,900.48 crore, up 125.7 percent from Rs.3,500 crore reserve price fixed by the government.
<http://feedproxy.google.com/~r/sitechnews/~3/Nv6YpBotTS0/Mumbai_Delhi_neckandneck_in_3G_spectrum_auction-nid-67407.html>

> A crore (Hindi: ?????) (often abbreviated cr) is a unit in the Indian numbering system equal to ten million (10,000,000; 107), or 100 lakh. 
<http://en.wikipedia.org/wiki/Crore>

> 41.1480 INR  	 1 Australian Dollar = 41.1480 Indian Rupees as of 4/26/2010
<http://www.exchange-rates.org/Rate/AUD/INR>

Marghanita
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Marghanita da Cruz
http://ramin.com.au
Tel: 0414-869202