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Prashant Gokarn, 3G Head of Reliance Communications and Syed Safawi, CEO Wireless Business, Reliance Communication during the announcement of 3G services in Mumbai on Monday, 13 December 2010.

Syed Safawi, CEO Wireless Business of Reliance Communication during the announcement of 3G services in Mumbai on Monday, 13 December 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd presents award to Pranab Mukherjee, Union Finance Minster for Outstanding Contribution to Indian Economy during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

A M Naik, Chairman and Managing Director of Larsen & Toubro interacts with Mukesh Ambani, Chairman of Reliance Industries Ltd during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Pranab Mukherjee, Union Finance Minster presents award to Chanda Kochhar, MD and CEO of ICICI Bank for Outstanding Woman Business Leader of the Year during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd gestures during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Chanda Kochhar, MD and CEO of ICICI Bank poses with award Outstanding Woman Business Leader of the Year during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Mukesh Ambani, Chairman of Reliance Industries Ltd gestures during the CNBC-TV 18 IBL Awards 2010 in Mumbai on Saturday, 11 December 2010.

Nissan Motor India launches New Diesel-Powered ‘Micra’ during a press conference in New Delhi on Friday, 10 December 2010. Diesel-Powered Nissan Micra comes with fuel economy of 23.08 kmpl with prices of Rs.5,58,5000/- to Rs. 6,04,500/- in ex—showroom in New Delhi.

Satoshi Matsutomi, Vice President, Nissan Motor India and Dinesh Jain, CEO, Hover Automotive India, poses with New Diesel-Powered ‘Micra’ during a press conference in New Delhi on Friday, 10 December 2010. Diesel-Powered Nissan Micra comes with fuel economy of 23.08 kmpl with prices of Rs.5,58,5000/- to Rs. 6,04,500/- in ex—showroom in New Delhi.

Kiminobu Tokuyana, MD & CEO of Nissan Motor India pose with newly launched car Nissan Diesel version of ‘Micra’ in Mumbai on Friday, 10 December 2010.

Sumanta Bose, Chief Marketing Officer of Philips poses with newly launched products Philips Cinema 21:9 Full HD 3D LED Pro TV in Mumbai on Friday, 10 December 2010.

Kiminobu Tokuyana, MD & CEO of Nissan Motor India pose with newly launched car Nissan Diesel version of ‘Micra’ in Mumbai on Friday, 10 December 2010.

Kiminobu Tokuyana, MD & CEO of Nissan Motor India gestures during the car launch of Nissan’s Diesel version of ‘Micra’ in Mumbai on Friday, 10 December 2010.

Sumanta Bose, Chief Marketing Officer of Philips poses with newly launched products Philips Cinema 21:9 Full HD 3D LED Pro TV in Mumbai on Friday, 10 December 2010.

Sumanta Bose, Chief Marketing Officer of Philips poses with newly launched products Philips Cinema 21:9 Full HD 3D LED Pro TV in Mumbai on Friday, 10 December 2010.

Sumanta Bose, Chief Marketing Officer of Philips poses with newly launched products Philips Cinema 21:9 Full HD 3D LED Pro TV in Mumbai on Friday, 10 December 2010.

Shiv Kumar Singh, Managing Director of Firefox Bikes Ltd and Brian Deziel, Manager of International Territory of USA poses with the new bike "Gary Fisher" during its Launch in New Delhi on Wednesday, 08 December 2010.

Shiv Kumar Singh, Managing Director of Firefox Bikes Ltd and Brian Deziel, Manager of International Territory of USA poses with the new bike "Gary Fisher" during its Launch in New Delhi on Wednesday, 08 December 2010.

Bollywood Actor Luke Kenny performing after the announcement of ‘Mahindra Blues Festival’ the Music Festival in Mumbai on Wednesday, 08 December 2010.

Anand Mahindra, Vice Chairman & Managing Director of Mahindra & Mahindra addresses during the announcement of ‘Mahindra Blues Festival’ the Music Festival in Mumbai on Wednesday, 08 December 2010.

Anand Mahindra, Vice Chairman & Managing Director of Mahindra & Mahindra addresses during the announcement of ‘Mahindra Blues Festival’ the Music Festival in Mumbai on Wednesday, 08 December 2010.

Anand Mahindra, Vice Chairman & Managing Director of Mahindra & Mahindra at during the announcement of ‘Mahindra Blues Festival’ the Music Festival in Mumbai on Wednesday, 08 December 2010.

P K Anand, Executive Director of Punjab & Sind Bank gestures during a press conference to announce Punjab & Sind Bank’s IPO in Mumbai on Wednesday, 08 December 2010.

P k Anand, Executive Director of Punjab & Sind Bank addresses while H S Makker, General Manager looks on during a press conference to announce Punjab & Sind Bank’s IPO in Mumbai on Wednesday, 08 December 2010.

Anand Mahindra, Vice Chairman & Managing Director of Mahindra & Mahindra addresses during the announcement of ‘Mahindra Blues Festival’ the Music Festival in Mumbai on Wednesday, 08 December 2010.

Anand Mahindra, Vice Chairman & Managing Director of Mahindra & Mahindra shakes hand Owen Roncon while Bollywood Actor Luke Kenny looks on during the announcement of ‘Mahindra Blues Festival’ the Music Festival in Mumbai on Wednesday, 08 December 2010.

Security personal busy in gun fight with suspected on the veranda of hideout in which militants had taken refuge at Model town Sopore in Srinagar on Wednesday, 08 December 2010.

P K Anand, Executive Director of Punjab & Sind Bank with H S Makker, General Manager pose for the photographers during a press conference to announce Punjab & Sind Bank’s IPO in Mumbai on Wednesday, 08 December 2010.

Murli Krishnan B, Director Marketing and Product Management EBay India poses with the Booklet during the launch of EBay India Census 2010 in Mumbai on Wednesday, 08 December 2010.

Anand Mahindra, Vice Chairman & Managing Director of Mahindra & Mahindra addresses during the announcement of ‘Mahindra Blues Festival’ the Music Festival in Mumbai on Wednesday, 08 December 2010.

Anand Mahindra, Vice Chairman & Managing Director of Mahindra & Mahindra addresses during the announcement of ‘Mahindra Blues Festival’ the Music Festival in Mumbai on Wednesday, 08 December 2010.

Security personal busy in gun fight with suspected on the veranda of hideout in which militants had taken refuge at Model town Sopore in Srinagar on Wednesday, 08 December 2010.

Bollywood Actor Luke Kenny performing after the announcement of ‘Mahindra Blues Festival’ the Music Festival in Mumbai on Wednesday, 08 December 2010.

Yogesh Agarwal, Chairman of Pension Fund Regulatory and Development Authority and Anup Bagchi, ICICI Executive Director pose for the photographers during launch of ICICI New Pension Systems IN Mumbai on Monday, 06 December 2010.

Yogesh Agarwal, Chairman of Pension Fund Regulatory and Development Authority addresses during launch of ICICI New Pension Systems IN Mumbai on Monday, 06 December 2010.

Yogesh Agarwal, Chairman of Pension Fund Regulatory and Development Authority and Anup Bagchi, ICICI Executive Director and Pravin Tiwari pose for the photographers during launch of ICICI New Pension Systems IN Mumbai on Monday, 06 December 2010.

Yogesh Agarwal, Chairman of Pension Fund Regulatory and Development Authority during launch of ICICI New Pension Systems IN Mumbai on Monday, 06 December 2010.

Rajeev Reddy, Chairman and Managing Director of Country Club India Ltd (CCIL) with Wife and Sons Siddhart Reddy during his book launch ‘P.T.O.’ in Mumbai on Monday, 06 December 2010.