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Investments (Tables)
12 Months Ended
Mar. 31, 2013
Equity Method Investments And Joint Ventures [Abstract]  
Investments in equity interest

The Company’s investments in equity method investees interest were as follows:

 

    Percent of
ownership of equity
shares
 

Tachyon Technology Private Limited (Impaired in fiscal 2009)

    26

Imere Technology Private Limited (up to October 8, 2012)

    44

Eterno Infotech Private Limited (Up to December 19, 2011)

    43

Bigslick Infotech Private Limited (Impaired in fiscal 2010)

    37

The following table presents financial information for equity method investees:

 

     As at March 31,  
     2012      2013  
     US$      US$  

Current assets

     207,456         —     

Non-current assets

     103,585         —     

Current liabilities

     58,435         —     

Non-current liabilities

     195,000         —     

 

     For years ended March 31,  
     2011     2012     For the period
ended  October 8,
2012
 
     US$     US$     US$  

Revenues

     480,045        362,280        320,005   

Total costs

     1,307,874        700,337        72,910   

Profit (loss) from operations

     (827,829     (338,057     247,095   

Earnings (loss) attributable to Rediff*

     (785,707     (215,735     84,310   

 

* 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.