Vsnl To Invest $300 Mn On India-europe Undersea Cable

[Asterix]

Actually 10 billion INR is about 220 million USD not 2 billion since 1 USD is about 45 INR. Therefore BSNL makes way less profit than AT&T.Incidentally google has a really nifty currency calculator built into the main engine. You can just type 10 billion INR ,for instance, and you will get the corresponding USD amount.

 

[netfreak]

BSNL's profit is INR 100 bn (INR 10 bn figure is wrong) and that comes to $2 bn.


Calculations:

BSNL's profit = INR 10,000 crore (as per http://economictimes.indiatimes.com/articleshow/1484507.cms)or INR 10^4 croreThat is 10^11 rupeesCalculations:1 crore = 100 lakhs1 crore = 10^2 lakhs10^4 crore = 10^2*10^4 lakhs = 10^6 lakhs1 lakh = 100 thousand = 100 * 1000 rupees = 10^5 rupees10^4 crore = 10^11INR 10^4 crore = INR 10^11 And ((10^11)/45)/10^9  is actual $bn value of BSNL's profit.

And that is $ 2.22 bn

Google link to calculation

 

[Asterix]

Thanks for the correction. 2 billion USD profit is a very impressive figure for an Indian company.

 

[akash]

wohh nice use of logic

 

[max]

QUOTE(akash @ May 10 2006, 01:43 PM) [snapback]50811[/snapback]
wohh nice use of logic
[/b]
maths. not logic.