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OFFICIAL ASICMINER UPDATE
 
LTC ASIC
ASICMINER determined LTC ASIC is not viable since a high-speed memory bus is much more useful in other industries and very expensive to make in this regard.

What do you mean by "receiving"?
If I have created a wallet and copied the receiving addresses on a piece of paper I don't really need internet connection to receive coins.
I can just give the address to someone and that's it.
Now If I want to spend these coins then I will need internet, but that is sending, no receiving.

OK, so for receiving coins you don't have be connected to the internet, in fact you don't need to do anything as long as you have your wallet secured.

But what about sending coins? - I assume internet connection is needed in order to broadcast the transaction, but do I need to download the full blockchain in order to successfully send coins?

Can I just open a fresh client for less than a minute, send some coins and close it immediately after that? Is that enough time for the transaction to appear in the blockchain?

Welcome mate

Well it works but you need lot of patience. You must wait for at least 2 months as per our last experience.
Much better if you try btc-e or bitstamp.
And in any case, you can always sell it on buysellbitco.in

Regards

You want to send money to your mtgox account right?

I'm not sure but S610 (other remittences), or S810(Other Transfer) i guess.

All purpose codes are written here
http://www.icicibank.com/Personal-Banking/account-deposit/pdf/forma_A2.pdf

thanks, got my saman, all working fine. Powered 8 blades with this beast PSU.

Hm, none of them has reached the 55 activity limit... So no wonder...
(See activity values inserted in quote headers.)