(a) Basis of presentation
 
 The financial statements are prepared under the historical cost
 convention, on the accrual basis of accounting, in conformity with
 accounting principles generally accepted in India and complying in all
 material respects with the Accounting Standards notified by Companies
 (Accounting Standards) Rules, 2006 (as amended) and the relevant
 provisions of the Companies Act, 1956 (the Act).  The accounting
 policies have been consistently applied by the Company and are
 consistent with those used in the previous year’s except for the
 changes in accounting policies described in note 2(c) below.
 
 The significant accounting policies adopted by the Company, in respect
 of the financial statements are set out as below:
 
 (b) Use of estimates
 
 The preparation of financial statements in conformity with generally
 accepted accounting principles requires management to make estimates
 and assumptions that affect the reported amounts of assets and
 liabilities and disclosure of contingent liabilities at the date of the
 financial statements and the results of operations during the reporting
 year end. Although these estimates are based upon management''s best
 knowledge of current events and actions, actual results could differ
 from these estimates.
 
 (c) Change in accounting policy
 
 Presentation and disclosure of financial statements
 
 During the year ended March 31, 2012, the revised Schedule VI notified
 under the Act 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 figures in accordance with the requirements applicable in the
 current year.
 
 (d) Fixed assets including intangibles and capital work-in-progress,
 depreciation, amortization and impairment
 
 Fixed assets including intangibles and capital work-in-progress
 
 Fixed assets including assets under finance lease arrangements are
 stated at cost less accumulated depreciation. The Company capitalizes
 all direct costs relating to the acquisition and installation of fixed
 assets. The cost of fixed assets not ready to use before balance sheet
 date are disclosed under ''Capital work-in-progress’. Product
 Intellectual Property Rights (IPRs acquired as part of business
 acquisitions are capitalized based on a fair value. The Company records
 the difference between considerations paid to acquire these IPRs and
 the fair value of assets and liabilities acquired as goodwill.
 
 The Company purchases certain specific-use application software, which
 is in ready to use condition, for internal use. It is estimated that
 such software has a relatively short useful life, usually less than one
 year. The Company, therefore, charges to income the cost of acquiring
 such software.
 
 Depreciation and amortization
 
 Depreciation and amortization are computed using straight-line method,
 at the rates specified in Schedule XIV to the Act or based on the
 estimated useful life of assets, whichever is higher. Individual assets
 costing Rs 5,000 or less are fully depreciated in the year of
 acquisition. The estimated useful life considered for depreciation of
 fixed assets is as follows:
 
 Impairment
 
 The carrying amounts of assets are reviewed at each balance sheet date
 if there is any indication of impairment based on internal/external
 factors. An impairment loss is recognized wherever the carrying amount
 of an asset exceeds its recoverable amount.  The recoverable amount is
 the greater of the assets net selling price and value in use. In
 assessing value in use, the estimated future cash flows are discounted
 to their present value using a pre-tax discount rate that reflects
 current market assessments of the time value of money and risks
 specific to assets. After impairment, depreciation is provided on the
 revised carrying amount of the asset over its remaining useful life.
 
 (e) Investments
 
 Investments that are readily realizable and intended to be held for not
 more than a year from the date on which such investments are made are
 classified as current investments. All other investments are classified
 as long-term investments. Trade investments refer to the investments
 made with the aim of enhancing the Company’s business interests in
 providing information technology solutions to the financial services
 industry worldwide.
 
 Long term investments are stated at cost less provision for diminution
 on account of other than temporary decline in the value of the
 investment.
 
 Current investments are stated at lower of cost and fair value
 determined on an individual investment basis.
 
 (f) Foreign currency transactions
 
 Initial recognition
 
 Foreign currency transactions are recorded in Indian Rupees, by
 applying to the foreign currency amount the exchange rate between the
 Indian Rupees and the foreign currency at the date of the transaction.
 
 Conversion
 
 Foreign currency denominated monetary items are translated into Rupees
 at the closing rates of exchange prevailing at the date of the balance
 sheet. Non-monetary items, which are carried in terms of historical
 cost denominated in a foreign currency, are reported using the exchange
 rate at the date of the transaction.
 
 Exchange differences
 
 Exchange differences arising on the settlement of monetary items or on
 reporting Company’s monetary items at rates different from those at
 which they were initially recorded or reported in previous financial
 statements are recognized as income or expenses in the year in which
 they arise.
 
 (g) Forward exchange contracts entered into to hedge foreign currency
 risk of an existing asset
 
 The premium or discount arising at the inception of forward exchange
 contract is amortized and recognized as an expense/income over the life
 of the contract. Exchange differences on such contracts are recognized
 in the statement of profit and loss in the period in which the exchange
 rates change. Any profit or loss arising on cancellation or renewal of
 such forward exchange contract is also recognized as income or as
 expense for the period.
 
 (h) Revenue recognition
 
 Revenue is recognized as follows:
 
 Product licenses and related revenue
 
 - License fees are recognized, on delivery and subsequent milestone
 schedule as per the terms of the contract with the end user.
 
 - Implementation and customization services are recognized as services
 are provided, when arrangements are on a time and material basis.
 Revenue for fixed price contracts is recognized using the proportionate
 completion method till contracts reach 90% completion. Balance revenue
 is recognized at the time of receipt of customer acceptance.
 
 Proportionate completion is measured based upon the efforts incurred to
 date in relation to the total estimated efforts to complete the
 contract. The Company monitors estimates of total contract revenue and
 cost on a routine basis throughout the delivery period. The cumulative
 impact of any change in estimates of the contract revenue or costs is
 reflected in the period in which the changes become known. In the event
 that a loss is anticipated on a particular contract, provision is made
 for the estimated loss.
 
 - Product maintenance revenue is recognized, over the period of the
 maintenance contract on a straight line basis.
 
 IT solutions and consulting services
 
 - Revenue from IT solutions and consulting services are recognized as
 services are provided, when arrangements are on a time and material
 basis.
 
 - Revenue from fixed price contracts is recognized using the
 proportionate completion method till contract reach 90% completion.
 Balance revenue is recognized at the time of receipt of customer
 acceptance. Proportionate completion is measured based upon the efforts
 incurred to date in relation to the total estimated efforts to complete
 the contract. The Company monitors estimates of total contract revenue
 and cost on a routine basis throughout the delivery period. The
 cumulative impact of any change in estimates of the contract revenue or
 costs is reflected in the period in which the changes become known. In
 the event that a loss is anticipated on a particular contract,
 provision is made for the estimated loss.
 
 The Company presents revenues net of service tax and value added taxes
 in its statement of profit and loss.
 
 Cost and revenue in excess of billings is classified as unbilled
 revenue while billing in excess of revenue is classified as deferred
 revenue.
 
 Interest income
 
 Interest income is recognized on a time proportion basis taking into
 account the amount outstanding and the rate applicable.
 
 Dividend income
 
 Dividend income is recognized when the company''s right to receive
 dividend is established by the reporting date.
 
 (i) Research and development expenses for software products
 
 Research costs are expensed as incurred. Software product development
 costs are expensed as incurred unless technical feasibility of the
 project is established, future economic benefits are probable, the
 Company has an intention and ability to complete and use or sell the
 software and the cost can be measured reliably. Software product
 development costs incurred subsequent to the achievement of technical
 feasibility are not material and are expensed as incurred.
 
 (j) Retirement and other employee benefits
 
 Provident fund and superannuation fund are defined contribution schemes
 and the Company has no further obligation beyond the contributions made
 to the fund. Contributions are charged to statement of profit and loss
 in the year in which they accrue.
 
 Gratuity liability is a defined benefit obligation and is recorded
 based on actuarial valuation on projected unit credit method made at
 the end of the year. Under the gratuity plan, every employee who has
 completed at least five years of service gets a gratuity on departure @
 15 days of last drawn salary for each completed year of service. The
 gratuity liability and net periodic gratuity cost is actuarially
 determined after considering discount rates, expected long term return
 on plan assets and increase in compensation levels. All actuarial
 gain/loss are immediately recorded to statement of profit and loss and
 are not deferred. The Company makes contributions to a fund
 administered and managed by the Life Insurance Corporation of India
 (LIC) to fund the gratuity liability.  Under this scheme, the
 obligation to pay gratuity remains with the Company, although LIC
 administers the scheme.
 
 Short term compensated absences are provided for based on estimates.
 Long term compensated absences are provided for based on actuarial
 valuation. The actuarial valuation is done as per projected unit credit
 method. All actuarial gains/losses are immediately recognized to
 statement of profit and loss and are not deferred. The Company presents
 the entire leave as a current liability in the balance sheet, since it
 does not have an unconditional right to defer its settlement for 12
 months after the balance sheet date.
 
 (k) Leases
 
 Where the Company is the lessee
 
 Lease of assets under which substantially all the risks and benefits
 incidental to ownership are transferred to the Company are classified
 as finance leases. These assets are capitalized at the lower of the
 fair value and present value of the minimum lease payments at the
 inception of the lease term and disclosed as leased assets. Lease
 payments are apportioned between the finance charges and reduction of
 the lease liability based on the implicit rate of return. Finance
 charges are recognized as finance cost in statement of profit and loss.
 Lease management fees, legal charges and other initial direct costs are
 capitalized.
 
 Leases of assets under which all the risks and rewards of ownership are
 effectively retained by the lessor are classified as operating leases.
 Lease payments under operating leases are recognized as an expense in
 statement of profit and loss on a straight-line basis over the lease
 term.
 
 (l) Income-tax
 
 Tax expense comprises of current and deferred tax. Current income tax
 is measured at the amount expected to be paid to the tax authorities in
 accordance with the Indian Income Tax Act, 1961 (Indian Income Tax
 Act). Deferred income taxes are recognized for the future tax
 consequences attributable to timing differences between the financial
 statement determination of income and their recognition for tax
 purposes. Deferred tax is measured based on the tax rates and the tax
 laws enacted or substantively enacted at the balance sheet date.
 Deferred tax assets are recognized and carried forward only to the
 extent that there is a reasonable certainty that sufficient future
 taxable income will be available against which such deferred tax assets
 can be realized. Unrecognized deferred tax assets of earlier years are
 re-assessed and recognized to the extent that it has become reasonably
 certain that future taxable income will be available against which
 deferred tax assets can be realized. The carrying value of assets is
 reviewed at each balance sheet date. The Company writes-down the
 carrying amount of deferred tax asset to the extent that it is no
 longer reasonably certain, that sufficient future taxable income will
 be available against which deferred tax asset can be realized. Minimum
 Alternative tax (MAT) credit is recognized as an asset only when and
 to the extent there is convincing evidence that the Company will pay
 normal income tax during the specified period. In the year in which the
 MAT credit becomes eligible to be recognized as an asset in accordance
 with the recommendations contained in guidance note issued by the
 Institute of Chartered Accountants of India (ICAI), the said asset is
 created by way of a credit to statement of profit and loss and shown as
 MAT Credit Entitlement. The Company reviews the same at each balance
 sheet date and writes down the carrying amount of MAT Credit
 Entitlement to the extent there is no longer convincing evidence to the
 effect that Company will pay normal Income Tax during the specified
 period.
 
 (m) Earnings per share
 
 The earnings considered in ascertaining the Company’s earnings per
 share comprise the net profit after tax. The number of shares used in
 computing basic earnings per share is the weighted average number of
 shares outstanding during the year. The number of shares used in
 computing diluted earnings per share comprises the weighted average
 number of shares considered for deriving basic earnings per share, and
 also the weighted average number of shares, if any which would have
 been issued on the conversion of all dilutive potential equity shares.
 The weighted average number of shares and potentially dilutive equity
 shares are adjusted for the bonus shares and sub-division of shares.
 For the purpose of calculating diluted earnings per share, the net
 profit or loss for the year attributable to equity shareholders and the
 weighted average number of shares outstanding during the year are
 adjusted for the effects of all dilutive potential equity shares.
 
 (n) Share-based compensation/payments
 
 Measurement and disclosure of the employee share-based payment plans is
 done in accordance with Securities Exchange Board of India (SEBI)
 (Employee Stock Option Scheme and Employee Stock Purchase Scheme)
 Guidelines, 1999 and the Guidance Note on Accounting for Employee
 Share-based Payments, issued by the ICAI. The Company uses the
 intrinsic value method of accounting for its employee share based
 compensation plan and other share based arrangements. Under this method
 compensation expense is recorded over the vesting period of the option
 on a straight line basis, if the fair market value of the underlying
 stock exceeds the exercise price at the grant date.
 
 (o) Provisions
 
 A provision is recognized when an enterprise has a present obligation
 as a result of past event and it is probable that an outflow of
 resources will be required to settle the obligation, in respect of
 which a reliable estimate can be made. Provisions are not discounted to
 its present value and are determined based on management estimate
 required to settle the obligation at the balance sheet date.  These are
 reviewed at each balance sheet date and adjusted to reflect the current
 management estimates.
 
 (p) Contingent liabilities
 
 A contingent liability is a possible obligation that arises from past
 events whose existence will be confirmed by the occurrence or
 non-occurrence of one or more uncertain future events beyond the
 control of the Company or a present obligation that is not recognized
 because it is not probable that an outflow of resources will be
 required to settle the obligation. The Company does not recognize a
 contingent liability but discloses its existence in the financial
 statements.
 
 (q) Cash and cash equivalents
 
 Cash and cash equivalents for the purpose of cash flow statement
 comprise cash at bank and in hand and short-term investments with an
 original maturity of three months or less.