XML 30 R86.htm IDEA: XBRL DOCUMENT
v2.4.0.8

NOTE 25 - SUBSEQUENT EVENTS (Details) (Subsequent Event [Member], USD $) | 0 Months Ended |  | 0 Months Ended
--- | --- | --- | ---
Jul. 14, 2014 Chief Executive Officer [Member] Employment Agreement [Member] | Jun. 27, 2014 TerraSphere Systems, LLC and Greenlife Ventures, Inc. [Member] | Jun. 08, 2014 ATM Agency Agreement with Enclave Capital LLC [Member] Maximum [Member] | Apr. 02, 2014 Security Purchase Agreement [Member] | May 31, 2014 Golden Gate Electronics Limited ("Golden Gate") [Member] | May 31, 2014 Golden Gate Electronics Limited ("Golden Gate") [Member] Maximum [Member]
NOTE 25 - SUBSEQUENT EVENTS (Details) [Line Items] |  |  |  |  |  |
Other Commitments, Description | entered into a new employment agreement (the "2014 Employment Agreement") with Ram Mukunda, pursuant to which he will continue to receive a salary of $300,000 per year for services to IGC and IGC-M as executive Chairman and Chief Executive Officer through July 2019. The Agreement provides that the Board of Directors of IGC may establish performance targets and bonuses on an annual basis. The Agreement also provides for benefits, including insurance, paid vacation, a car (subject to partial reimbursement by Mr. Mukunda of lease payments) and reimbursement of business expenses. The term of the 2014 Employment Agreement is five years, after which employment will become at-will. The 2014 Employment Agreement is terminable by IGC and IGC-M for death, disability and cause. In the event of a termination without cause, change of control or non-renewal at the end of the term, IGC would be required to pay Mr. Mukunda his full compensation for 36 months. The 2014 Employment Agreement also contains indemnity, confidentiality and non-competition provisions. |  |  |  |  |
Other Commitment | $ 300,000 |  |  |  |  |
Joint Venure Agreement, Ownership Percentage |  | 51.00% |  |  |  |
Proceeds from Issuance or Sale of Equity |  |  | 1,500,000 | 506,250 |  |
Equity Method Investment, Ownership Percentage |  |  |  |  | 51.00% |
Stock Issued During Period, Shares, Acquisitions (in Shares) |  |  |  |  |  | 1,209,765
Stock Issued During Period, Value, Acquisitions |  |  |  |  |  | $ 1,052,496
Stock Issued During Period, Shares, New Issues (in Shares) |  |  |  | 750,000 |  |

X
- Definition The percent of ownership the Company receives from the joint venture. + References No definition available. + Details
Name: | igc_JointVentureAgreementOwnershipPercentage
Namespace Prefix: | igc_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | igc_NOTE25SUBSEQUENTEVENTSDetailsLineItems
Namespace Prefix: | igc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Minimum amount of other commitment not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in the taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. + References No definition available. + Details
Name: | us-gaap_OtherCommitment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Description of the nature and terms of commitment. + References No definition available. + Details
Name: | us-gaap_OtherCommitmentsDescription
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of shares of stock issued during the period pursuant to acquisitions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.28,29) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesAcquisitions
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of new stock issued during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Value of stock issued pursuant to acquisitions during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 + Details
Name: | us-gaap_StockIssuedDuringPeriodValueAcquisitions
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration