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NOTE 17 - EMPLOYEE BENEFITS (Tables)
 12 Months Ended
Mar. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule of Changes in Accumulated Postemployment Benefit Obligations [Table Text Block] Gratuity in accordance with applicable Indian laws, the Company provides for gratuity, a defined benefit retirement plan (Gratuity Plan) covering certain categories of employees. The Gratuity Plan provides a lump sum payment to vested employees, at retirement or termination of employment, an amount based on the respective employee’s last drawn salary and the years of employment with the Company.

   
As of March 31
 
   
2014
   
2013
 
             
Projected Benefit Obligation (PBO) at the beginning of the year
   
(13,466
)    
(26,451
)
Service cost
   
(870
)    
(847
)
Interest cost
   
(1,199
)     
(2,079
)
Benefits paid
   
0
     
13,220
 
Actuarial (loss)/gain
   
269
     
2,691
 
PBO at the end of the year
   
(15,266
)    
(13,466
)
Funded status
   
(15,266
)    
(13,466
)
Schedule of Net Benefit Costs [Table Text Block] Net gratuity cost for the years ended March 31, 2014 and 2013 included:

   
Year ended March 31,
 
   
2014
   
2013
 
Service cost
 
$ 
870
   
$ 
847
 
Interest cost
   
1,199
     
2,079
 
Actuarial (loss)/gain
   
269
     
2691
 
Net gratuity cost
 
$
2,338
   
$
5,616
 
Schedule of Assumptions Used [Table Text Block] The weighted average actuarial assumptions used to determine benefit obligations and net periodic gratuity cost are:

   
Year ended March 31,
 
   
2014
 
2013
 
Discount rate
   
9.75
%
   
8.75
%
Rate of increase in compensation levels
   
8.00
%
   
8.00
%
Schedule of Expected Benefit Payments [Table Text Block] The weighted average actuarial assumptions used to determine benefit obligations and net periodic gratuity cost are:

   
As of March 31,
 
   
2014
   
2013
 
Expected contribution during the year ending Year 1
 
$
833
   
$
550
 
Expected benefit payments for the years ending March 31:
               
Year 2
   
567
     
6,108
 
Year 3
   
1,750
     
532
 
Year 4
   
633
     
1,669
 
Year 5
   
5,000
     
605
 
Thereafter
   
6,517
     
12,197