1) Use Barnacle Wifi Tether from Market..
2) Use Visionaryplus.apk to root

Happen to me as well..
I might as well get replacement if any luck
this is what its all about when using OEM product..

@mydear,
I've create rom for you..still uploading it..in case you can't do wifi tether download Barnacle Wifi Tether from Market..sometimes you will get error doing portable wifi AP..but normal wifi no problem..its a bug in FRF91 build..
Uploaded..5012_3_140

After Same problem visionary plus install
1.rooted explorer face to closed
2.barnacle WiFi tether foce to closed

Many time I was reinstall rom all the time same problem
Give me any idea¿?

they told me that i can get replacement because of i just bought 1day and mapking not yet been used...
i'm very lucky on that @@

I make another rom for you..

Lucky indeed..does the new one okay or there are same problem as well?

Hey bro, you have became master chef of Mi700. Good job. Hehe...
Ya. Very lucky indeed. Mine only 3 days and they don't want to change for me. 

Haha..   Not really..but I'm a real chef in Modesto before..
Seem like mi300 going to get new kernel based on 2.6.35 for cyanogenmod ..those kernel is for gingerbread 2.3..
and also i've found out that mi700 kernel are from https://www.codeaurora.org/gitweb/quic/la/ maybe you could look into it kernel/msm.git

1) Use Barnacle Wifi Tether from Market..
2) Use Visionaryplus.apk to root

I went to CSl update rom new version and root with Visionaryplus everything ok
but new version some time force to close IE

Thank you sir, for your information of Visionaryplus.apk

Regards

Csl lastest rom is 5012_3_161

thanks, is it 5012_3_16I or 5012_3_161? my is 16I.  Anyone owing 5012_3_16N?

Do you have the update.nb0 for 5012_3_16I plus its tool RUT or SUT?

sorry, too advance for me. don't know what is RUT or SUT.  any pointer?

Okay how do you flash 5012_3_16I? are doing restore from ROMManager(Clockwork recovery) or you have the 5012_3_16I rom?
RUT is Rom Updater Tool and SUT is Software Updater Tool..these files was supposed to be given to MI700 user for flashing but CSL keep it..
Spice India give this to MI300 user..CSL did not..
Spice India haven't release MI700 yet..once they have release it we could use themy official firmware from them..

I make another rom for you..
Lucky indeed..does the new one okay or there are same problem as well?

Clockwork Recovery For MI700/N700/Viewpad 7/..

Flashing ClockworkMod Recovery
Steps:

Make sure your devices is rooted.. if not get SuperOneClickv1.5.5 and follow this guide

Download:
Clockwork recovery 2.5.1.2
copy it to the root of your sdcard..( /sdcard/cwrecovery.img )

Download:
flash_image.zip
unzip it and copy it to the root of your sdcard..( /sdcard/flash_image )

Run Terminal Emulator (make sure you hold it in portrait position)
type:
su
press "enter"
then type the following to copy the flash_image to system/bin
cp /sdcard/flash_image /system/bin
press "enter"

Install flash_image
Run Terminal Emulator
type:
su
press "enter"
then type:
chmod 755 /system/bin/flash_image
press "enter"

Backup your stock recovery:
First check your recovery partition..
su
cat /proc/mtd
From there you'll see the recovery partition..
To backup the recovery..
cat /dev/mtd/mtd3 > /sdcard/orirecovery.img

Flashing the Clockwork recovery
Run Terminal Emulator
type:
su
press "enter"
then type:
flash_image recovery /sdcard/cwrecovery.img
press "enter"
In case you want to restore your recovery..
flash_image recovery /sdcard/orirecovery.img

Backing up your rom image
Turn off your devices..when its finally switch off..hold down both vol+ and vol- and at the same time press the power button..you will be booting in Clockwork recovery mode..

Choose Backup/Restore from the option..this will take some time..once finish making backup..choose Reboot..check your backup in /sdcard/clockworkmod/backup/<date-and-time>/

Download:
Busybox 1.17.2 included with script to install..unzip it and copy the busybox and the install script to root of sdcard..
Install Using ADB:Working on windows only with adb inside the cdrom..
Run adb shell
su
cd /sdcard
sh ./installbusybox.sh

Install using Terminal Emulator:
su
the run the command inside the script, manually, line by line..

Update:27/Nov
Changes: Fix Power Button to always enabled
            : Home button toggle display
            :Back button go back
Bug      : Double key input still there (Volume - & +)remedy.. hold it to highlight a line,release it to highlight next line..

hoe to hard reset this phone? i want to return it to factory state. if i do, what'll happen to my mapking app? i just noticed the shop had taken my mapking card. is that legal for him to take my mapking registration card?