CONSOLIDATION OF A VARIABLE INTEREST ENTITY	3 Months Ended
Mar. 31, 2013
CONSOLIDATION OF A VARIABLE INTEREST ENTITY	19. CONSOLIDATION OF A VARIABLE INTEREST ENTITY Syntel Delaware is a 100% subsidiary of Syntel, Inc. and a 49% shareholder of the joint venture (“JV”) entity SSSSML, the other shareholder being an affiliate of State Street Bank. Syntel Delaware has a variable interest in SSSSML as it is entitled to all the profits and solely responsible for all losses incurred by SSSSML even though it holds only 49% in the JV entity. Accordingly, Syntel Delaware consolidates the JV entity SSSSML. The Company’s KPO services to State Street Bank and one other client are provided through the above joint venture between the Company and an affiliate of State Street Bank. Sales of KPO services only to these two clients represented approximately 14.7% and 14.5% of the Company’s total revenues for three months ended March 31, 2013 and 2012, respectively.

CONSOLIDATION OF A VARIABLE INTEREST ENTITY

3 Months Ended

Mar. 31, 2013

CONSOLIDATION OF A VARIABLE INTEREST ENTITY

19. CONSOLIDATION OF A VARIABLE INTEREST ENTITY

Syntel Delaware is a 100% subsidiary of Syntel, Inc. and a 49% shareholder of the joint venture (“JV”) entity SSSSML, the other shareholder being an affiliate of State Street Bank. Syntel Delaware has a variable interest in SSSSML as it is entitled to all the profits and solely responsible for all losses incurred by SSSSML even though it holds only 49% in the JV entity. Accordingly, Syntel Delaware consolidates the JV entity SSSSML.

The Company’s KPO services to State Street Bank and one other client are provided through the above joint venture between the Company and an affiliate of State Street Bank. Sales of KPO services only to these two clients represented approximately 14.7% and 14.5% of the Company’s total revenues for three months ended March 31, 2013 and 2012, respectively.