If true , largest scam in India so far . (jgopikrishnan.blogspot.com) 2 points by pshirishreddy 15y ago ↗ HN
[–] iwwr 15y ago ↗ India uses strange currency units:1 crore = 10M rupees1 rupee = 1/45 USDSo the damage is estimated at around $1.33bnNote that this is not a scam in the standard sense, but simple corruption. It's probably even going to benefit individual subscribers due to the lower infrastructure costs of the operators.
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[ 0.21 ms ] story [ 10.9 ms ] thread1 crore = 10M rupees
1 rupee = 1/45 USD
So the damage is estimated at around $1.33bn
Note that this is not a scam in the standard sense, but simple corruption. It's probably even going to benefit individual subscribers due to the lower infrastructure costs of the operators.