The Khetan Group has taken one more step towards launching its mobile telephone services. Spice Cell (P) Ltd., Khetan's joint venture with India's Modi Corporation is already registered at the Department of Industries last week. The company says it will begin work to set up the operations as soon as it obtains a formal license. The company plans to begin services by mid-November, but that start date depends on the final verdict of the Supreme Court, on a lawsuit challenging the licensing process. The newly registered Rs 750 million Spice Cell has issued capital of Rs 450 million. The Khetan Group controls 40 percent of the company and Spice Cell/ Modi, 60 percent. The company plans to sell 15,000 mobile connections in its first year and 75,000 by 2006.