@avidmani - Thanks for sharing that. With me, the time error comes twice a day - once in the morning around 8.40am (or when I'm near one location between Lower Parel and Mahalakshmi) and then in the evening (I will track that today and post here again).
I'm not touching any settings on the iphone, simply because I'm too scared! If anything goes wrong, I know Apple will cancel my warranty and blame me for any mistake (I've had too many encounters with these large companies to know that none of them will ever support the customer). Vodafone, of course, will say they didn't manufacture the phone and can't be blamed.
I'll have to endure this miserable problem, even after paying Rs35,000 for this premium phone in India.
Given this experience, it's clear that Apple doesn't care much about their customers. After buying an ipod Nano, a Macbook and now an iPhone, I'm not buying an Apple product ever again, and will certainly not be recommending it to anyone I know.
Message was edited by: Anupam G