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The Indian subcontinent uses a few different currency measures:1...

  1. fss
    689 Posts.
    The Indian subcontinent uses a few different currency measures:

    1 lakh = 100,000 rupees
    1 crore = 100 lahks = 10,000,000 rupees

    So 1 billion rupees = 1,000,000,000 = 100 crores

    Now assuming an exchange rate of 40 rupees to AUD$1 (currently around 45), then 1 crore = AUD $250k

    So, 1 billion rupees = 100 crores = AUD$25,000,000...or $25m.

    I don't believe its $1b aussie dollars.....the company isn't even worth a tenth of that right now right?
 
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