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Rajiv Agarwal, CEO and Director of MobileStore addresses while Srikant Gokhale, CEO of Impact Retail looks on during the signing of an agreement between the MobileStore (TMS), part of the ESSAR Group, and Impact Retail for the acquisition of Impact Retail’s CDIT operations, currently run under the brand name X-Cite in Mumbai on Tuesday, 08 December 2009.

Rajiv Agarwal, CEO and Director of MobileStore shakes hands with Srikant Gokhale, CEO of Impact Retail after the signing of an agreement for the acquisition of Impact Retail’s CDIT operations, currently run under the brand name X-Cite in Mumbai on Tuesday, 08 December 2009.

Rajiv Agarwal, CEO and Director of MobileStore addresses during the signing of an agreement between the MobileStore (TMS), part of the ESSAR Group, and Impact Retail for the acquisition of Impact Retail’s CDIT operations, currently run under the brand name X-Cite in Mumbai on Tuesday, 08 December 2009.

Srikant Gokhale, CEO of Impact Retail gestures during the signing of an agreement between the MobileStore (TMS), part of the ESSAR Group, and Impact Retail for the acquisition of Impact Retail’s CDIT operations, currently run under the brand name X-Cite in Mumbai on Tuesday, 08 December 2009.

Rajiv Agarwal, CEO and Director of MobileStore shakes hands with Srikant Gokhale, CEO of Impact Retail after the signing of an agreement for the acquisition of Impact Retail’s CDIT operations, currently run under the brand name X-Cite in Mumbai on Tuesday, 08 December 2009.

Prime Minster Dr. Manmohan Singh with Union Minister for Communciations & IT Thiru A Raja; MOS IT Gurudas Kamat and Ficci President Harshpati Singhania before giving special address to the participants on ""Telecom for Inclusive Growth"" during the closing ceremony of India Telecom 2009 jointly organised by Ficci and Department of Telecommunication in New Delhi on Friday,04 December 2009.

Prime Minster Dr. Manmohan Singh during the closing ceremony of India Telecom 2009 jointly organised by Ficci and Department of Telecommunication in New Delhi on Friday,04 December 2009.

Prime Minster Dr. Manmohan Singh addresses to the participants on ‘Telecom for Inclusive Growth’ during the closing ceremony of India Telecom 2009 jointly organised by Ficci and Department of Telecommunication in New Delhi on Friday,04 December 2009.

Prime Minster Dr. Manmohan Singh addresses to the participants on ‘Telecom for Inclusive Growth’ during the closing ceremony of India Telecom 2009 jointly organised by Ficci and Department of Telecommunication in New Delhi on Friday,04 December 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Bollywood Actor Soha Ali Khan poses for the photographers during the inauguration of first retail outlet at Hill Road, Bandra in Mumbai on Thursday, 19 November 2009.

Bollywood Actor Soha Ali Khan poses for the photographers during the inauguration of first retail outlet at Hill Road, Bandra in Mumbai on Thursday, 19 November 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Bollywood Actor Soha Ali Khan poses for the photographers during the inauguration of first retail outlet at Hill Road, Bandra in Mumbai on Thursday, 19 November 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Bollywood Actor Soha Ali Khan cuts ribbon while Mukund Rajan, Managing Director of Tata Teleservices (Maharashtra) Limited looks on during the inauguration of first retail outlet at Hill Road, Bandra in Mumbai on Thursday, 19 November 2009.

Mukund Rajan, Managing Director of Tata Teleservices (Maharashtra) Limited; Abdul Khan, Head-Tata DoCoMo Marketing and Advisor to the MD, Tata Teleservices (Maharashtra) Limited with Bollywood Actor Soha Ali Khan pose for the photographers during the inauguration of first retail outlet at Hill Road, Bandra in Mumbai on Thursday, 19 November 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

Chairman of Commonwealth Suresh Kalmadi; Delhi Chief Minister Sheila Dikshit and Bollywood Actor Shahrukh Khan with Sunil Bharati Mittal, Chairman of Bharati Telecom flag off AIRTEL Delhi Half Marathon in New Delhi on Sunday,01 November 2009.

Pascal Lamy, Director General of the World Trade Organisation (WTO) shares a light moment with Rajan Bharti Mittal, Vice Chairman and Managing Director of Bharti Enterprises, Telecommunication and Senior Vice-President of FICCI at the opening session of the "WTO and Doha Negotiations" meeting in New Delhi on Thursday, 03 September 2009. Trade ministers assembled in New Delhi for a two-day WTO meeting from September 3, aimed at bridging differences between developed and developing nations and putting global trade talks back on track. The two days of informal ministerial level talks are billed as key to laying the groundwork for further progress at a meeting of leaders of the Group of 20 wealthy and emerging nations in Pittsburgh in late September.

Gurudas Kamat, Union Minister of State for Communications and Information Technology interacts with media during the press conference of Praja Foundation in Mumbai on Friday, 28 August 2009.

Gurudas Kamat, Union Minister of State for Communications and Information Technology interacts with media during the press conference of Praja Foundation in Mumbai on Friday, 28 August 2009.

Nitai Mehta, Founder Trustee of Praja Foundation; B G Deshmukh, Gurudas Kamat, Union Minister of State for Communications and Information Technology and B G Deshmukh, Ex Cabinet Minister pose for the photographers during the press conference of Praja Foundation in Mumbai on Friday,28 August 2009.

A worker busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways at Axle Counter section 13 on Wednesday,26 August 2009.

A worker busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways at Axle Counter section 13 on Wednesday,26 August 2009.

A worker busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday,26 August 2009.

A worker busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways at Axle Counter section 13 on Wednesday,26 August 2009.

A worker busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways at Axle Counter section 13 on Wednesday,26 August 2009.

Workers busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways on Wednesday, 26 August 2009.

A worker busy in work during a workshop visit for media organized by Central Railway to give information about signal and telecom of Indian railways at Axle Counter section 13 on Wednesday,26 August 2009.