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NOTE 15 - SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	12 Months Ended
Mar. 31, 2012
Selling General And Administrative Expenses [Text Block]	NOTE 15 — SELLING, GENERAL AND ADMINISTRATIVE EXPENSES During the year ended March 31, 2011, the Company has created a full provision on the amount receivable from one of its investee companies –Sricon- amounting to $ 3,143,242. Please refer Note 12 of the consolidated financial statements for further information relating to this write off. Further during the year ended March 31, 2011, the Company recorded an expense amounting to $ 1,515,186 relating to bad debts on its accounts receivable and certain loans and advances. During the current year, the company recorded an expense amounting to $ 202,044 relating to bad debts on its accounts receivable and certain loans and advances.

NOTE 15 - SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

12 Months Ended

Mar. 31, 2012

Selling General And Administrative Expenses [Text Block]

NOTE 15 — SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

During the year ended March 31, 2011, the Company has created a full provision on the amount receivable from one of its investee companies –Sricon- amounting to $ 3,143,242. Please refer Note 12 of the consolidated financial statements for further information relating to this write off.

Further during the year ended March 31, 2011, the Company recorded an expense amounting to $ 1,515,186 relating to bad debts on its accounts receivable and certain loans and advances.

During the current year, the company recorded an expense amounting to $ 202,044 relating to bad debts on its accounts receivable and certain loans and advances.