Thanx Bill , I could finally get to connect to the internet through tthe VPC.
Below are some of my findings .
Connected using ,
1) Shared Networking
2) Using Loopback Adapter and ICS.
However , after enabling Shared Networking on my VPC , I still had to
manually set the IP address , Default Gateway & DNS Server information
Default Gateway : 192.168.131.254 (for win 2003 server)
DNS Server : the one assigned to the host by the ISP.
& weirdly enough it worked only when the IP Address was in the range of
(192.168.131.64 -192.168.131.190 ) (It was an accidental finding though

.
I copied the values for NAT as is from the doc
(
http://download.microsoft.com/downlo...whitepaper.doc)
and it worked ) .Though ,no where it has been specified that the IP has to
fall in that range .
[And for the last so many days i have been trying it with the ip
192.168.131.1 ]
However , when I set the ip to one of the values in the said range , I was
getting a warning message in the VPC "Windows System Error - A duplicate name
exists on the network" . (My host and VM have different names ) .
Though , I have got things working , those are few doubt's that are still
lingering in my head

.
2) Using Loopback adapter was quite a straightforward approach .
->Installed it on the Host
-> Enabled ICS on my internet connection on the host.
-> Configured Loopback adapter on my VPC
I could connect to the web , access my VM from the host . However, it didn't
work the other way round.i.e connecting the Host from the VM inspite of
unblocking the firewall fro the VPC.
Thanx Once Again

.
"Bill Grant" wrote:
> You should not need to configure anything manually. If you set it to
> Shared Networking (NAT) the vm should get the config it needs automatically.
>
> A server OS does not work well as a NAT or ICS host, but changing the
> DNS setting (as you have done) should solve the problem. What happens if you
> do an nslookup of a public address like www.microsoft.com?
>
> You should not run ICS on the host and use Shared Networking (NAT) on the
> guest. Use one or the other, not both.
>
>
> "Girija Acharya" <Girija > wrote in message
> news:A564F6B5-B753-42AD-B1AD-...
> > Hi ,
> >
> > I'm facing a issue while configuring Shared Networking (NAT) for my VPC.I
> > basically want to access the web through my virtual PC.
> > I am using a standalone laptop & use it to connect directly to the web
> > either through broadband / dial up modem.
> >
> > Below are the settings on my system & steps that I have followed (as per
> > suggestions on the web):
> >
> > 1)Host OS : Windows Vista .I have no proxies configured on the Host OS.
> > And
> > its a stand alone laptop.
> > 2)ICS is enabled on the Host for the connection accessing the net.
> > 3)Guest OS : Windows 2003 Server , DHCP enabled .
> > 4)Microsoft VPC 6.0 with shared Networking enabled.
> > 5) I have configured static DNS server IP to 192.168.131.254 on my Virtual
> > PC. When I access a web page from my VPC , I get the error "Internet
> > Explorer
> > cannot open Search Page" .
> >
> > I also tried the below config for the Guest OS. But to no avail.
> >
> > Default Gateway :192.168.131.254
> > DNS IP : same as that of the Host OS ,connection.
> > Guest IP :192.168.131.1
> >
> > It seems that the Guest OS is able to send data , but unable to receive.
> > Is there any settings/configuration that I have missed out ?? I'm totally
> > lost.. Kindly guide.
> >
> > TIA,
> > Girija
> >
> > p.s: I'm not into networking , but i'm trying my best to get this working
>
>