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CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (USD $)
12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Revenues      
Total revenues $ 16,120,797 $ 15,658,704 $ 19,942,266
Cost of revenues (excluding depreciation and amortization separately disclosed below)      
Total cost of revenues 10,413,064 9,951,884 10,774,121
Operating expenses      
Sales and marketing 3,896,073 3,266,790 5,341,678
Product development 2,287,488 2,920,824 3,136,778
Depreciation and amortization 3,060,269 3,664,376 3,499,769
General and administrative 7,239,847 7,615,588 7,935,447
Goodwill Impairment (See Note 7) 0 2,000,000 0
Long-lived assets impairment (See Note 5 and 8) 1,590,371 0 0
Foreign exchange loss (gain), net (26,003) 103,744 91,926
Total operating expenses 18,048,045 19,571,322 20,005,598
Operating loss (12,340,312) (13,864,502) (10,837,453)
Other income (expense), net      
Interest income 1,334,610 1,952,345 2,584,432
Interest income on income tax refunds 613,698 44,529 34,400
Promissory note impairment (See Note 9) 0 (1,100,000) 0
Gain on sale of investment (See Note 6) 2,740,940 0 0
Gain on sale of equity method investee 0 1,292,168 749,897
Miscellaneous income 26,884 125,679 72,769
Total other income, net 4,716,132 2,314,721 3,441,498
Loss before income taxes and equity in net loss of equity method investees (7,624,180) (11,549,781) (7,395,955)
Income tax benefit (expense) 152,774 33,248 (65,555)
Equity in net earnings (loss) of equity method investees 0 [1] 84,310 [1],[2] (215,735) [1]
Net loss (7,471,406) (11,432,223) (7,677,245)
(Loss) earnings per share - basic (in dollars per share) $ (0.542) $ (0.828) $ (0.558)
(Loss) earnings per share - diluted (in dollars per share) $ (0.542) $ (0.828) $ (0.558)
Weighted average number of equity shares - basic (in shares) 13,795,178 13,795,178 13,758,635
Weighted average number of equity shares - diluted (in shares) 13,795,178 13,795,178 13,758,635
Other comprehensive income (loss)      
Foreign currency translation adjustment and total other comprehensive income (loss) (2,857,261) (2,254,312) (5,841,093)
Comprehensive loss attributable to shareholders (10,328,667) (13,686,535) (13,518,338)
India Online Business [Member]
     
Revenues      
Service Revenue 13,368,042 12,527,464 16,223,222
Cost of revenues (excluding depreciation and amortization separately disclosed below)      
Cost of service revenue 8,330,948 7,470,935 8,241,612
Us Publishing Business [Member]
     
Revenues      
Service Revenue 2,752,755 3,131,240 3,719,044
Cost of revenues (excluding depreciation and amortization separately disclosed below)      
Cost of service revenue $ 2,082,116 $ 2,480,949 $ 2,532,509
American Depositary Shares [Member]
     
Other income (expense), net      
(Loss) earnings per share - basic (in dollars per share) $ (0.271) $ (0.414) $ (0.279)
(Loss) earnings per share - diluted (in dollars per share) $ (0.271) $ (0.414) $ (0.279)
[1] Company's share of profit (loss) of the equity method investee has been determined after giving effect to the subsequent amortization on account of fair value adjustments made for the identifiable intangible assets of the equity method investees as at the date of acquisition.
[2] Information provided for the period ended October 8, 2012, relates to Imere Technology Private Limited which was sold as on same date.