a) Basis of preparation
 
 These financial statements have been prepared in accordance with the
 generally accepted accounting principles in India under the historical
 cost convention on accrual basis. These financial statements have been
 prepared to comply in all material aspects with the accounting
 standards notified under Section 211(3C) [Companies (Accounting
 Standards) Rules, 2006, as amended] and the other relevant provisions
 of the Companies Act, 1956.
 
 All assets and liabilities have been classified as current or
 non-current as per the Company''s normal operating cycle and other
 criteria set out in the Schedule VI to the Companies Act, 1956.
 
 b) Use of estimates
 
 The preparation of the financial statements in conformity with GAAP
 requires the management to make estimates and assumptions that affect
 the reported balances of assets and liabilities and disclosures
 relating to contingent assets and liabilities as at the date of the
 financial statements and reported amounts of income and expenses during
 the period. Examples of such estimates include provisions for doubtful
 debts, future obligations under employee retirement benefit plans,
 income taxes, the useful lives and provision for impairment of fixed
 assets and intangible assets.
 
 Management believes that the estimates used in the preparation of
 financial statements are prudent and reasonable. Future results could
 differ from these estimates.
 
 c) Tangible assets, intangible assets and capital work-in-progress
 
 Tangible assets and intangible assets are stated at cost of
 acquisition, less accumulated depreciation/ amortisation and
 impairments, if any.Cost includes taxes, duties, freight and other
 incidental expenses related to acquisition.
 
 Capital work-in-progress comprises cost of fixed assets that are not
 yet ready for their intended use at the year end.
 
 d) Depreciation and amortisation
 
 Depreciation on additions and disposals is provided pro-rata for the
 period of use.
 
 Depreciation is provided on straight line basis at higher of the rates
 based on useful lives of the fixed assets as estimated by the
 management and those stipulated in Schedule XIV to the Companies Act,
 1956.
 
 Assets individually costing Rs. 5,000 or less are depreciated fully in
 the year of acquisition Leasehold land is amortised over the primary
 period of the lease
 
 e) Investments
 
 Investments that are readily realisable and are intended to be 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 at
 cost or fair value, whichever is lower. Long-term investments are
 carried at cost. However, provision for diminution is made to recognise
 a decline, other than temporary, in the value of the investments, such
 reduction being determined and made for each investment individually.
 
 (f) Foreign currency translation
 
 Initial Recognition
 
 On initial recognition, all foreign currency transactions are recorded
 by applying to the foreign currency amount the exchange rate between
 the reporting currency and the foreign currency at the date of the
 transaction.  Subsequent Recognition
 
 As at the reporting date, 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. All non-monetary
 items which are carried at fair value or other similar valuation
 denominated in a foreign currency are reported using the exchange rates
 that existed when the values were determined.
 
 All monetary assets and liabilities in foreign currency are restated at
 the end of accounting period.
 
 Exchange differences on restatement of all other monetary items are
 recognised in the Statement of Profit and Loss.
 
 g) Revenue recognition
 
 Income from Communications and information technology staffing support
 services comprise income from time and material and fixed price
 contracts. Revenue from ''time and material'' contracts is
 recognised, as and when related services are performed and accepted by
 the customer. Revenue from fixed price contracts is recognised using
 the percentage of completion method of accounting, under which the
 sales value of performance, including the profit thereon, is determined
 by relating the actual man hours of work performed to date to the
 estimated total man hours for each contract. Provision for estimated
 losses on uncompleted contracts are recorded in the period in which
 such losses become probable, based on current contract estimates.
 
 Unbilled receivables represent costs incurred and revenues recognised
 on contracts, to be billed in subsequent periods as per the terms of
 the contract.
 
 Interest and Other income are accounted for on accrual basis except
 where the receipt of income is uncertain in which case it is accounted
 for on receipt basis.
 
 h) Employee benefits
 
 Contributions to the employees'' provident fund, which is a defined
 contribution scheme, are charged to the Profit and Loss account in the
 year in which the contributions are due. Leave encashment costs are
 provided for, based on an actuarial valuation carried out by an
 independent actuary at the balance sheet date. Gratuity costs, which
 are defined benefits, are based on an actuarial valuation carried out
 by an independent actuary at the balance sheet date.
 
 i) Current and deferred tax
 
 Income tax payable in India is determined in accordance with the
 provisions of the Income Tax Act, 1961.  Minimum Alternative Tax (MAT)
 credit, which is equal to the excess of MAT (calculated in accordance
 with provisions of Section 115JB of the Income tax Act, 1961) over
 normal income-tax is recognised as an asset by crediting the Statement
 of Profit and Loss only when and to the extent there is convincing
 evidence that the Company will be able to avail the said credit against
 normal tax payable during the period of ten succeeding assessment
 years.
 
 Deferred tax expense or benefit is recognised on timing differences
 being the difference between taxable income and accounting income that
 originate in one period and are capable of reversal in one or more
 subsequent periods. Deferred tax assets and liabilities are measured
 using the tax rates and tax laws that have been enacted or
 substantively enacted by the balance sheet date. In the event of
 unabsorbed depreciation and carry forward of losses, deferred tax
 assets are recognised only to the extent that there is virtual
 certainty that sufficient future taxable income will be available to
 realise such assets. In other situations, deferred tax assets are
 recognised only to the extent that there is reasonable certainty that
 sufficient future taxable income will be available to realise these
 assets.
 
 Advance taxes and provisions for current income taxes are presented in
 the balance sheet after off-setting advance tax paid and income tax
 provision arising in the same tax jurisdiction and the Company intends
 to settle the asset and liability on a net basis.
 
 j) Provisions and contingent liabilities
 
 Provisions: Provisions are recognised when there is a present
 obligation as a result of a past event, it is probable that an outflow
 of resources embodying economic benefits will be required to settle the
 obligation and there is a reliable estimate of the amount of the
 obligation. Provisions are measured at the best estimate of the
 expenditure required to settle the present obligation at the Balance
 sheet date and are not discounted to its present value.
 
 Contingent Liabilities: Contingent liabilities are disclosed when there
 is a possible obligation arising from past events, the existence of
 which will be confirmed only by the occurrence or non occurrence of one
 or more uncertain future events not wholly within the control of the
 company or a present obligation that arises from past events where it
 is either not probable that an outflow of resources will be required to
 settle or a reliable estimate of the amount cannot be made, is termed
 as a contingent liability.  
 
 k) Leases
 
 Assets given under operating lease are reflected in the financial
 statements under fixed assets. Further, lease income from such
 operating lease arrangements have been recognised in the statement of
 profit and loss on a straight line basis over the lease term.  
 
 l) Cash & cash equivalents
 
 In the cash flow statement, cash and cash equivalents includes cash in
 hand, demand deposits with banks, other short-term highly liquid
 investments with original maturities of three months or less.
 
 m) Earnings per share
 
 Basic earnings per share is calculated by dividing the net profit or
 loss for the period attributable to equity shareholders by the weighted
 average number of equity shares outstanding during the period. Earnings
 considered in ascertaining the Company''s earnings per share is the
 net profit for the period after deducting preference dividends and any
 attributable tax thereto for the period. The weighted average number of
 equity shares outstanding during the period and for all periods
 presented is adjusted for events, such as bonus shares, other than the
 conversion of potential equity shares that have changed the number of
 equity shares outstanding, without a corresponding change in resources.
 For the purpose of calculating diluted earnings per share, the net
 profit or loss for the period attributable to equity shareholders and
 the weighted average number of shares outstanding during the period is
 adjusted for the effects of all dilutive potential equity shares.  
 
 n) Stock based compensation
 
 Compensation cost relating to employee stock options granted by the
 Company has been accounted in accordance with the SEBI (Employees
 Stock Option Scheme and Employees Stock Purchase Scheme) Guidelines,
 1999 issued by Securities and Exchange Board of India. Accordingly,
 the excess of the market price of the underlying equity share as at the
 date of grant of the option over the exercise price of the options on
 the date of grant has been recognized as employee compensation expense
 and is reflected as ''Employee Stock Options Outstanding'' under the
 head ''Reserves and Surplus''.