As filed with the Securities and Exchange Commission on August 29, 2013
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 20-F/A
AMENDMENT NO. 1
(Mark One)
¨ | Registration statement pursuant to section 12(b) or (g) of the Securities Exchange Act of 1934 |
x | Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
For the fiscal year ended March 31, 2013
¨ | Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
For the Transition period from to
¨ | Shell Company Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 |
Commission File Number 001-15118
TATA COMMUNICATIONS LIMITED |
(FORMERLY KNOWN AS VIDESH SANCHAR NIGAM LIMITED)
(Exact name of Registrant as specified in its charter)
Not Applicable |
(Translation of Registrants name into English)
The Republic of India |
(Jurisdiction of incorporation or organization)
Sanjay Baweja Tel No: +91-22-6657 8765 Facsimile: +91-22-6725 9029 Address: 6th floor, B Tower, Plots C21& C36, G Block, Bandra Kurla Complex, Mumbai-400 098, INDIA |
(Name, telephone, facsimile number and address of company contact person)
VSB, Mahatma Gandhi Road, Fort, Mumbai400001, INDIA |
(Address of principal executive offices)
Securities registered or to be registered pursuant to Section 12(b) of the Act:
None |
Securities registered pursuant to Section 12(g) of the Act:
Equity Shares, par value 10 per share* |
(Title of class)
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act:
None |
(Title of class)
Indicate the number of outstanding shares of each of the issuers classes of capital or common stock as of the close of the period covered by the Annual Report: 285,000,000 Equity Shares
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ¨ No x
If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes ¨ No x
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of accelerated filer and large accelerated filer in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer ¨ Accelerated filer x Non-accelerated filer ¨
Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing
US GAAP x |
International Financial Reporting Standards as issued by the International Accounting Standards Board ¨ | Other ¨ |
Indicate by check mark which financial statement item the registrant has elected to follow. Item 17 ¨ Item 18 x
If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No x
* | Not for trading, but only in connection with the previous listing of American Depositary Shares pursuant to the requirements of the New York Stock Exchange. The American Depositary Shares have been delisted from the New York Stock Exchange effective June 7, 2013. |
Explanatory Note
This Amendment No. 1 to the Annual Report on Form 20-F for the fiscal year ended March 31, 2013, which was originally filed with the Securities and Exchange Commission on July 31, 2013 (the Form 20F), is being filed solely for purposes of furnishing Interactive Data File disclosure as Exhibit 101 in accordance with Rule 405 of Regulation S-T.
Other than as expressly set forth above, this Form 20-F/A does not, and does not purport to, amend, update or restate the information in any other item of the Form 20-F as originally filed, or reflect any events that have occurred after the original filing of the
Form 20F.
ITEM 19. | EXHIBITS |
The exhibits contained in our Form 20-F are hereby amended solely in order to insert Exhibit 101.
Exhibit |
Description | |
101 # * | The following financial information from the Registrants Annual Report on Form 20-F for the period ended March 31, 2013, filed with the SEC on July 31, 2013, formatted in eXtensible Business Reporting Language (XBRL): | |
(i) Consolidated Balance Sheets as of March 31, 2012 and 2013 | ||
(ii) Consolidated Statements of Operations for each of the years ended March 31, 2011, 2012 and 2013 | ||
(iii) Consolidated Statements of Changes in Shareholders Equity for each of the years ended March 31, 2011, 2012 and 2013 | ||
(iv) Consolidated Statements of Cash Flows for each of the years ended March 31, 2011, 2012 and 2013; and | ||
(v) Notes to Consolidated Financial Statements | ||
XBRL documents submitted electronically: | ||
101.INS | XBRL Instance Document | |
101.SCH | XBRL Taxonomy Extension Schema Document | |
101.CAL | XBRL Taxonomy Extension Calculation Linkbase Document | |
101.DEF | XBRL Taxonomy Extension Definition Linkbase Document | |
101.LAB | XBRL Taxonomy Extension Label Linkbase Document | |
101.PRE | XBRL Taxonomy Extension Presentation Linkbase Document |
# | Submitted electronically herewith. |
* | XBRL (eXtensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections. |
SIGNATURES
The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F/A and that it has duly caused and authorized the undersigned to sign this Amendment No.1 to its annual report on its behalf.
August 29, 2013
TATA COMMUNICATIONS LIMITED, | ||
By: | /s/ Vinod Kumar | |
Name: | Vinod Kumar | |
Title: | Managing Director and CEO | |
By: | /s/ Sanjay Baweja | |
Name: | Sanjay Baweja | |
Title: | Chief Financial Officer |
Tax Effect/(Benefit) Allocated to Each Component of Other Comprehensive Income (Detail)
In Millions, unless otherwise specified |
12 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
Mar. 31, 2012
INR
|
Mar. 31, 2011
INR
|
|
Income Tax Examination [Line Items] | ||||
Unrealised (loss)/gain on available-for-sale securities | 1 | (1) | (19) | |
Employee benefit plans | (4) | (208) | (150) | 94 |
Ending Balance | $ (4) | (207) | (151) | 75 |
Investments - Additional Information (Detail)
In Millions, unless otherwise specified |
12 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
Mar. 31, 2012
INR
|
Mar. 31, 2011
INR
|
Mar. 31, 2009
Tata Tele Services Limited
INR
|
Mar. 31, 2013
Tata Tele Services Limited
USD ($)
|
Mar. 31, 2013
Tata Tele Services Limited
INR
|
Mar. 31, 2008
Tata Tele Services Limited
|
|
Investment Securities [Line Items] | ||||||||
Dividends from investment | 3 | |||||||
Proceeds from sale of available-for-sale securities | 902 | 49,189 | 51,648 | 22,449 | ||||
Available-for-sale securities,realized gains | 3 | 180 | 379 | 138 | ||||
Reclassified from accumulated other comprehensive income / (loss) to earnings | 4 | 52 | ||||||
Carrying value of cost method investment | 338 | 75 | 4,074 | |||||
Cash consideration of investment sold | 4,242 | |||||||
Realized gain on investment | 3,904 | |||||||
Cost method investment ownership percentage | 10.66% | 9.33% | 9.33% | 14.43% | ||||
Loss contingent liabilities related to representations and warranties | $ 8 | 417 |
Summary of Cash and Cash Equivalents (Detail)
In Millions, unless otherwise specified |
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
Mar. 31, 2012
USD ($)
|
Mar. 31, 2012
INR
|
Mar. 31, 2011
INR
|
Mar. 31, 2010
INR
|
Mar. 31, 2013
Indian Rupee
USD ($)
|
Mar. 31, 2013
Indian Rupee
INR
|
Mar. 31, 2012
Indian Rupee
INR
|
Mar. 31, 2013
Foreign Currency
USD ($)
|
Mar. 31, 2013
Foreign Currency
INR
|
Mar. 31, 2012
Foreign Currency
INR
|
---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents [Line Items] | ||||||||||||
Cash | 1 | 1 | ||||||||||
Current account balances and deposits with banks | 55 | 3,001 | 611 | 50 | 2,707 | 2,146 | ||||||
Total | $ 105 | 5,709 | $ 51 | 2,758 | 6,831 | 2,389 |
Short-Term Bank Deposits - Additional information (Detail)
In Millions, unless otherwise specified |
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
Mar. 31, 2012
INR
|
Mar. 31, 2013
Restricted Deposits
USD ($)
|
Mar. 31, 2013
Restricted Deposits
INR
|
---|---|---|---|---|---|
Deposits By Type [Line Items] | |||||
Short-term bank deposits, restricted deposit | $ 63 | 3,415 | 181 | $ 54 | 2,964 |
Summary of Changes in Benefit Obligations for Companies Supplemental Employee Retirement Plan (Detail) (Supplemental Employee Retirement Plans, Defined Benefit)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
Mar. 31, 2012
INR
|
|
Defined Benefit Plan Disclosure [Line Items] | |||
Benefit obligation, beginning of the year | $ 4 | 218 | 156 |
Service cost | 3 | 5 | |
Interest cost | 8 | 9 | |
Benefits paid | (5) | (260) | |
Actuarial loss | 1 | 51 | 29 |
Effect of foreign exchange rate changes | 13 | 19 | |
Benefit obligation, end of the year | 33 | 218 | |
Actuarial loss/(gain) recognized as a component of accumulated other comprehensive loss | $ 1 | 51 | 29 |
Scheduled Maturity of Long-Term Debt (Detail)
In Millions, unless otherwise specified |
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
---|---|---|
Long Term Debt Maturities Repayments Of Principal [Line Items] | ||
2014 | $ 383 | 20,875 |
2015 | 535 | 29,187 |
2016 | 582 | 31,746 |
2017 | 177 | 9,625 |
2018 | 206 | 11,233 |
Thereafter | $ 271 | 14,768 |
Property, Plant and Equipment, Net - Additional Information (Detail)
In Millions, except Per Share data, unless otherwise specified |
12 Months Ended | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
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Mar. 31, 2012
INR
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Mar. 31, 2011
INR
|
Mar. 31, 2013
Property Plant and Equipment
USD ($)
|
Mar. 31, 2013
Property Plant and Equipment
INR
|
Mar. 31, 2012
Property Plant and Equipment
INR
|
Mar. 31, 2011
Property Plant and Equipment
INR
|
Mar. 31, 2013
IRU
USD ($)
|
Mar. 31, 2013
IRU
INR
|
Mar. 31, 2012
IRU
INR
|
Mar. 31, 2011
IRU
INR
|
Mar. 31, 2013
Land and Building
USD ($)
|
Mar. 31, 2013
Land and Building
INR
|
Mar. 31, 2013
Service Life
INR
|
Mar. 31, 2013
Service Life
Undersea cables
|
Mar. 31, 2013
Service Life
Undersea cables
Scenario, Previously Reported
|
Mar. 31, 2013
Service Life
Batteries
|
Mar. 31, 2013
Service Life
Batteries
Scenario, Previously Reported
|
Mar. 31, 2013
Service Life
Cables and Batteries
USD ($)
|
Mar. 31, 2013
Service Life
Cables and Batteries
INR
|
|
Property, Plant and Equipment [Line Items] | |||||||||||||||||||||
Interest expenses | $ 4 | 191 | 489 | 646 | |||||||||||||||||
Depreciation expense | 341 | 18,541 | 16,781 | 12,908 | 31 | 1,665 | 1,485 | 1,236 | |||||||||||||
Property plant equipment useful life | 20 years | 15 years | 4 years | 0.67 years | |||||||||||||||||
Change in depreciation | 19 | 1,020 | |||||||||||||||||||
Decrease of loss per share | 3.58 | ||||||||||||||||||||
Sale of land and building | 40 | 2,165 | 207 | 106 | 35 | 1,923 | |||||||||||||||
Profit on sale of land and building | 37 | 2,023 | 31 | (489) | 35 | 1,896 | |||||||||||||||
Capital lease | 24 | 1,314 | |||||||||||||||||||
Accumulated depreciation on leased asset | $ 18 | 961 |
Goodwill - Additional Information (Detail)
In Millions, unless otherwise specified |
12 Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2013
INR
|
Mar. 31, 2013
USD ($)
|
Mar. 31, 2012
USD ($)
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Mar. 31, 2012
INR
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Mar. 31, 2011
INR
|
Mar. 31, 2013
Global Voice Solutions
USD ($)
|
Mar. 31, 2013
Global Voice Solutions
INR
|
Mar. 31, 2012
Global Voice Solutions
INR
|
Mar. 31, 2013
Global Data and Managed Services
USD ($)
|
Mar. 31, 2013
Global Data and Managed Services
INR
|
Mar. 31, 2012
Global Data and Managed Services
INR
|
Mar. 31, 2013
South Africa Operations
USD ($)
|
Mar. 31, 2013
South Africa Operations
INR
|
Mar. 31, 2012
South Africa Operations
INR
|
|
Goodwill [Line Items] | ||||||||||||||
Goodwill | 27,150 | $ 498 | $ 540 | 29,430 | 6,361 | $ 82 | 4,459 | 4,178 | $ 52 | 2,829 | 2,784 | $ 364 | 19,862 | 22,468 |
Goodwill impairment loss | 0 |
Accounts Receivable
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12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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Accounts Receivable |
Changes in the allowances for uncollectible accounts receivable are as follows:
The Company has customer concentration risk, as disclosed in the table below showing the aggregated accounts receivable for five largest customers as of March 31, 2012 and 2013, respectively. Tata Communications’ exposure to other customers is diversified, and no other single customer has more than 1.8% and 1.9% of outstanding accounts receivable at March 31, 2012 and 2013 respectively. Balances due from major customers are as follows:
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Other Non-Current Assets (Tables)
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12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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Other Non-Current Assets | Other non-current assets consist of the following:
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Accumulated Other Comprehensive Income (Detail)
In Millions, unless otherwise specified |
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
Mar. 31, 2012
USD ($)
|
Mar. 31, 2012
INR
|
Mar. 31, 2011
INR
|
---|---|---|---|---|---|
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||
Net unrealized gain on available-for-sale securities, net of taxes | 4 | ||||
Foreign currency translation adjustment | (156) | (8,552) | (4,098) | ||
Effective portion of net loss on derivative instrument designated as cash flow hedge | (1) | (39) | (1) | (23) | (291) |
Funded status on employee benefit plans | (14) | (765) | (238) | ||
Total | $ (171) | (9,352) | (4,359) |
Other Non-Current Assets
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12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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Other Non-Current Assets |
Other non-current assets consist of the following:
License Fee paid under protest The Company was in dispute with the DoT’s basis of including certain income, such as investment and interest income, income from sale of property, plant equipment, foreign exchange gains and other non-operating income, and excluding certain expense such as bandwidth and other network related costs for the purposes of determining adjusted gross revenues to compute license fee. In fiscal 2005, the Company filed a petition with the Telecom Disputes Settlement and Appellate Tribunal (referred to as “the TDSAT”) to obtain TDSAT’s clarification on whether or not the basis of DoT’s determination of license fee was appropriate. In August 2007, TDSAT concluded on the Company’s Petition, that license fee was not payable on certain income such as income from investments, sale of immovable property, plant and equipment, foreign exchange gain and other non-operating income. Additionally, the TDSAT concluded that bandwidth and other similar network costs incurred should not be deducted from revenues in computing license fees. The Company has challenged the TDSAT conclusion in the Supreme Court of India, the outcome of which is currently pending. The Company, on the basis of external legal opinion, expects the Supreme Court of India to overturn the TDSAT conclusion and permit deduction of bandwidth and other similar network costs from the revenues, retrospectively from the fiscal 2003 and onwards in order to compute license fees. In January 2008, DoT issued additional license fee demand for fiscals 2003, 2004 and 2005 of Rs. 2,950 million for (a) additional payment of license fee of Rs. 829 million, (b) compounded interest of Rs. 912 million on unpaid license fees, (c) penalty of Rs. 772 million and interest on penalty of Rs. 386 million (together referred to as “penalty”) totaling Rs. 1,158 million, (all of (a)-(c) aggregating Rs. 2,899 million), and (d) an excess claim of Rs. 51 million by DoT which has since been adjusted against the demands in subsequent years. In January 2008, the Company made payment of Rs. 2,950 million which has been recorded as license fee paid under protest. The additional license fee and interest totaling Rs. 1,741 million demanded by the DoT has been accrued as liability by recognizing an expense. The accrued liability of Rs. 1,741 million has not been offset against the payment of Rs. 2,950 million pending outcome of the Company’s challenge against the TDSAT conclusion in the Supreme Court of India, as the Company believes that its challenge will be successful in the Supreme Court of India and deduction of bandwidth and other network related costs will be permitted for the purposes of computing license fees. The Company has not recorded an expense and liability in respect of the DoT’s claim for penalty and interest on penalty totaling Rs. 1,158 million as the Company believes that the DoT’s claim will not be sustained, as in accordance with the license agreement penalty and any interest on penalty is payable to the DoT only if the shortfall in license fee paid in fiscal is more than 10% of license fee payable. The DoT terminated the Company’s exclusive right to provide international long distance service in fiscal 2002 and granted a compensation of Rs. 793 million (as certified by the Government of India auditors) to the Company (the compensation was paid by the DoT in April 2008). In accordance with the license agreement, the compensation receivable from the DoT should have been offset against the license fee, as the agreement permits the deduction of any amounts due to the Company from the DoT from any amounts payable by the Company to the DoT. The penalty has been computed by the DoT without offsetting the compensation of Rs. 793 million (US$ 16 million). Had the DoT offset the compensation due to the Company against the additional license fee claimed from the Company, consequent to the TDSAT conclusion, the license fee paid would have been short, by lower than 10% of the license fee payable in respect of those fiscal years.
The Company challenged the legality of penalty provisions in the license agreement in TDSAT. TDSAT ruled in favour of the Company. Consequently Rs. 1,158 million became refundable by DoT. Further, the Company had filed a petition in TDSAT, seeking its direction to DoT for refund of penalty amounting of Rs. 1,158 million along with interest thereon at prevailing bank rates. The TDSAT has accepted the Company’s contention and passed the order accordingly on July 13, 2011 and October 18, 2011 for refund of penalty of Rs. 1,158 million along with interest. DoT has disputed both the order of TDSAT and has filed an appeal against TDSAT’s order in the Supreme Court of India. However Supreme Court of India did not grant any stay against the TDSAT’s refund order. Further the Company filed an execution-application in TDSAT for their orders dated July 13, 2011 and October 18, 2011 for refund of Rs. 1,158 million along with interest. In response to execution application, TDSAT in its order dated May 9, 2012, directed DoT to refund the amount within seven days’ time along with 9% interest from August 2011 till the date of payment. Accordingly DoT, on June 7, 2012 refunded an amount of Rs. 2,262 million to the Company, including interest of Rs. 1,104 million. Accordingly the Company has adjusted the cash received against the amount paid under protest of Rs. 1,158 million. The interest amount of Rs. 1,104 million has been included under non-current liability, because the matter is still pending in the Supreme Court of India. The Company does not expect resolution by the Supreme Court of India in the next 12 months. |
Define Benefit Recognized in Statement of Operations (Detail) (Medical Benefits)
In Millions, unless otherwise specified |
12 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
Mar. 31, 2012
INR
|
Mar. 31, 2011
INR
|
|
Defined Benefit Plan Disclosure [Line Items] | ||||
Service cost | 6 | 5 | 40 | |
Interest cost | 1 | 43 | 35 | 35 |
Amortization of actuarial loss | 17 | 11 | 9 | |
Net gratuity cost | $ 1 | 66 | 51 | 84 |
Related Party Transactions and Balances (Parenthetical) (Detail)
In Millions, unless otherwise specified |
12 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||||||||||||
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Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
Mar. 31, 2012
INR
|
Mar. 31, 2011
INR
|
Mar. 31, 2013
Related Party Transactions
USD ($)
|
Mar. 31, 2013
Related Party Transactions
INR
|
Mar. 31, 2012
Related Party Transactions
INR
|
Mar. 31, 2013
Global Voice Solutions
USD ($)
|
Mar. 31, 2013
Global Voice Solutions
INR
|
Mar. 31, 2012
Global Voice Solutions
INR
|
Mar. 31, 2011
Global Voice Solutions
INR
|
Mar. 31, 2013
Global Data and Managed Services
USD ($)
|
Mar. 31, 2013
Global Data and Managed Services
INR
|
Mar. 31, 2012
Global Data and Managed Services
INR
|
Mar. 31, 2011
Global Data and Managed Services
INR
|
Mar. 31, 2013
Tata Tele Services Limited
Related Party Transactions
INR
|
Mar. 31, 2012
Tata Tele Services Limited
Related Party Transactions
INR
|
Mar. 31, 2013
Tata Tele Services Limited
Global Voice Solutions
USD ($)
|
Mar. 31, 2013
Tata Tele Services Limited
Global Voice Solutions
INR
|
Mar. 31, 2012
Tata Tele Services Limited
Global Voice Solutions
INR
|
Mar. 31, 2011
Tata Tele Services Limited
Global Voice Solutions
INR
|
Mar. 31, 2013
Tata Tele Services Limited
Global Data and Managed Services
USD ($)
|
Mar. 31, 2013
Tata Tele Services Limited
Global Data and Managed Services
INR
|
Mar. 31, 2012
Tata Tele Services Limited
Global Data and Managed Services
INR
|
Mar. 31, 2011
Tata Tele Services Limited
Global Data and Managed Services
INR
|
|
Related Party Transaction [Line Items] | |||||||||||||||||||||||||
Revenues from telecommunication services total | $ 105 | 5,684 | 4,180 | 4,607 | $ 27 | 1,451 | 1,152 | 1,641 | $ 78 | 4,233 | 3,028 | 2,966 | 1,119 | 815 | 786 | 1,383 | 783 | 487 | |||||||
Network and transmission costs total | 69 | 3,773 | 3,287 | 3,214 | 38 | 2,079 | 1,414 | 1,838 | 31 | 1,694 | 1,873 | 1,376 | 1,677 | 522 | 394 | 679 | 917 | 550 | |||||||
Accounts receivables | 28 | 1,550 | 1,472 | 334 | 642 | ||||||||||||||||||||
Accounts payables | 2,324 | 1,182 | 43 | 2,324 | 1,182 | 1,289 | 345 | ||||||||||||||||||
Advances | 5 | 269 | 92 | 79 | 90 | ||||||||||||||||||||
Advance received, from Tata Teleservices Ltd | 1 | 57 | 201 | 201 | |||||||||||||||||||||
Unearned revenues, From Tata Teleservices Ltd | $ 13 | 707 | 716 | 356 |
Changes in Valuation Allowances (Detail)
In Millions, unless otherwise specified |
12 Months Ended | ||
---|---|---|---|
Mar. 31, 2013
USD ($)
|
Mar. 31, 2013
INR
|
Mar. 31, 2012
INR
|
|
Valuation Allowance [Line Items] | |||
Beginning balance | $ (371) | (20,219) | (11,676) |
Increase on account of business combination | (2,465) | ||
Increases for the current year | (39) | (2,125) | (4,608) |
Reduction in deferred tax assets and corresponding valuation allowance pertaining to earlier years | 30 | 1,622 | |
Effect of foreign currency translation | 16 | 869 | (1,470) |
Ending Balance | $ (364) | (19,853) | (20,219) |
Related Party Transactions (Tables)
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
|
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Related Party Transactions and Balances | The following table summarizes the related party transactions and balances included in the financial statements:
|
Accrued Expenses and Other Current Liabilities (Tables)
|
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
|
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Accrued Expenses and Other Current Liabilities | Accrued expenses and other current liabilities comprise the following:
|
Prepaid Expenses and Other Current Assets
|
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Prepaid Expenses and Other Current Assets |
Prepaid expenses and other current assets include the following:
|
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