1.1 Basis of preparation
 
 The financial statements of the company have been prepared in
 accordance with generally accepted accounting principles in India
 (Indian GAAP). The company has prepared these financial statements to
 comply in all material respects with the accounting standards notified
 under the Companies (Accounting Standards) Rule, 2006, (as amended) and
 the relevant provisions of the Companies Act, 1956. The financial
 statements have been prepared on an accrual basis and under the
 historical cost convention.The accounting policies adopted in the
 preparation of financial statements are consistent with those of
 previous year.  except for the change in accounting policy explained
 below.
 
 1.2 Change in Accounting Policy:
 
 Presentation and Disclosure of Financial Statement
 
 During the year ended 31st March 2012, the revised Schedule VI notified
 under the Companies Act, 1956, has become applicable to the company,
 for preparation and presentation of its financial statements. The
 adoption of revised Schedule VI does not impact recognition and
 measurement principles followed for preparation of financial
 statements. However, it has significant impact on presentation and
 disclosures made in the financial statements, The company has also
 reclassified the previous year''s figures in accordance with the
 requirements applicable in the current year.
 
 1.3 Use of Estimates:
 
 The preparation of financial statements in conformity with Indian GAAP
 requires the management to make judgments.  estimates and assumptions
 that affect the reported amounts of revenue, expenses, assets and
 liabilities and the disclosure of contingent liabilities, at the end of
 the reporting period. Although these estimates are based on the
 management''s best knowledge of current events and actions, uncertainty
 about these assumptions and estimates could result in the outcomes
 requiring a material adjustment to the carrying amounts of assets or
 liabilities in future periods.
 
 1.4 Investments:
 
 Investments, which are readily realizable and intended to the held for
 not more than one year from the date on which such investments are
 made, are classified as current investments. All other investments are
 classified as long term investments.Current investments are carried in
 the financial statements at lower of cost and fair value determined on
 an individual investment basis. Long Term Investments are carried at
 cost. However, provision for diminution in value is made to recognize a
 decline other than temporary in the value of the investments, In case
 of investments in mutual funds, the net asset value of units declared
 by the mutual funds is considered as the fair value.In accordance with
 the Revised Schedule VI to the Companies Act, 1956,, the portion of the
 Long Term Investments classified above, and expected to be realised
 within 12 months of the reporting date, have been classified as current
 investments.On disposal of an investment, the difference between its
 carrying amount and net disposal proceeds is charged or credited to the
 statement of profit and loss.
 
 1.5 Revenue Recognition
 
 Revenue is recognized to the extent that it is probable that the
 economic benefits will flow to the company and the revenue can be
 reliably measured. The following specific recognition criteria are met
 before revenue is recognized:
 
 a) Interest
 
 interest income is recognized on a time proportion basis taking into
 account the amount outstanding and the applicable interest rate.
 Interest income is included under the head Revenue from Operations in
 the statement of profit and loss.
 
 b) Dividend
 
 Dividend income is recognized when the company''s right to receive
 dividend is established by the reporting date.
 
 c) Other Income
 
 Other items of revenue are recognized in accordance with the Accounting
 Standard (AS-9) Revenue Recongnition.
 
 1.6 Income Taxes Complied by: Dion Globa
 
 Provision for current income-tax is recognized in accordance with the
 provisions of Indian Income- tax Act, 1961 and is made annually based
 on the tax liability after taking credit for tax allowances and
 exemptions.can be realized in the future. Deferred Tax Assets are
 reviewed as at each Balance Sheet date 1.7 Earnings Per Share (after
 deducting preference dividends and attributable taxes) by the weighed
 that number of equity shares outstanding, without a corresponding
 change in resources.  all dilutive potential equity shares.  date and
 adjusted to reflect the current best estimates.  Where the company
 expects some or all of a provision to be reimbursed, the reimbursement
 is recognized as a separate asset but only when the reimbursement is
 virtually certain. The expense relating to any provision is presented
 in the statement of profit and loss net of any reimbursement.
 
 1.9 Contingent Liabilities
 
 A contingent liability is a possible obligation that arise from past
 events whose existence will be confirmed by the occurence or non
 occurrence of one or more uncertain future events beyond the control of
 the company or a present obliogation that not recognized because it is
 not probable that an outflow of resources will be required to settle
 the obligation.TcontS liability also arise, in extremely rare cases
 where there is liability because it cannot be measured reliably. The
 company does not recognize a contingent liability but discloses its
 existence in the financial statements.
 
 1.10 Cash and Cash Equivalents
 
 Cash and Cash Equivalents for the purposes of cash flow statement
 comprise cash at bank, cash in hand and short term investments with an
 original maturity of three months or less.
 
 1.11 Miscellaneous Expenditure :
 
 Preliminary expenditure is written off in the year in which it is
 incurred, in accordance with provision of Accounting Standard - 26
 Intangible Assets issued by Institute of Chartered Accountant of
 India.