On the basis of assessments (Indian and Chinese) companies will make, we will cooperate and we will compete. Hopefully we will cooperate more than we compete.

We want to participate in Saudi Arabia's refining business. We want their help in meeting our energy requirement -- there are crisscross interests involved.

They have given a very specific and strong commitment for cooperation.

We are at the pioneer stage. We are taking the first footsteps of cooperation.

We want to participate in Saudi Arabia's refining business. We want their help in meeting our energy requirement --there are crisscross interests involved.

Our initial reaction is that the shares are likely to tread water during what is likely to be a difficult transition in its attempt to outsource 100 percent of its handset production and as its networks operator's division goes through temporary growing pains, which are likely to weigh on margins.