UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 18, 2008

Millennium India Acquisition Company Inc.
(Exact name of Registrant as specified in its charter) 

 Delaware 1-32931 20-4531310
(State of incorporation) (Commission File No.) (IRS Employer
 Identification No.)

 330 East 38th Street, Suite 40H
 New York, NY 10016
 (Address of principal executive offices)

Registrant's telephone number: (212) 681-6763

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

8.01. Other Events.

On January 18, 2008, we issued a press release announcing that our stockholders had approved our acquisition of a minority equity interest in each of SMC Global Securities Ltd. and SAM Global Securities Ltd.

A copy of the press release is being furnished as Exhibit 99.1 to this report and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(a) Financial Statements of Businesses Acquired - None

(b) Pro Forma Financial Information - None

(c) Shell Company Transactions - None

(d) Exhibits: 

Exhibit No. Description
----------- -----------

 99.1 Press release issued on January 18, 2008

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Millennium India Acquisition Company Inc. 

Dated: January 23, 2008 By: /s/ F. Jacob Cherian
 ---------------------------------------
 F. Jacob Cherian
 President and Chief Executive Officer

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