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Finally solved it. It appears real easy once it is done
If anyone has similar trouble, this is what i did.
1. Obtain dns server addresses using ipconfig/all
2. Connect the reliance jack directly into the netgear DG834. ( * Beetel450BX1
Kept aside the modem they supplied.)
3..............
4. asks for dns and static ip. Enter the dns, and set ip to obtain automatically
5. Set security as needed, as once logged in, it stays logged in even after the pc is shut down. (Useful feature for using other wifi devices)
6. Enjoy the connection
And Thanks for the input dragunov, obviously,It helped