Looking for something more for this phone ? Go here : [NEW][ALL-IN-ONE] Spice Mi-350n Super Thread !
This is my first post in XDA Develpers !
Here is the guide to root your Mi-350/IQ 260:
1.First enable USB Debugging.[Settings->Applications->Development]
2.Download Spice Mi-350n/Fly IQ 260 drivers(ADB driver included) from attachments and extract it to your Desktop.
3.Download SuperOneClick v2.3.1 from HERE or with the the links given in a '.txt' file from attachments and extract it to your desktop.
4.Now connect your phone to your pc with USB debugging mode enabled.
5.Windows will not be able to install drivers on its own. So, go to 'Device Manager'. Under 'Other Devices', you will have your phone's name, Spice Mi-350n/Fly IQ260.
6.Now right click and select 'Update Driver Software...' and select 'Browse my computer for driver software' and browse to the location where you extracted the drivers and click 'Next'.
7.Windows will install all the required drivers.
8.Now unplug your phone and re-plug it to your pc with USB Debugging mode enabled.
9.Now open, 'SuperOneClick.exe' (Run it as administrator).
8.Now under 'exploit' change 'Auto' to 'zergRush'.
9.Now click 'Root'.
NOTE: In 'SuperOneClick' if you get an error related to 'Bluetooth peripheral device', go to 'Device Manager' and disable 'Bluetooth Peripheral Device' under 'Other Devices'.(If there are two things like that, try disabling both.)
I got the above linked drivers from a russian website.
The links for SuperOneClick v2.3.1 given in the '.txt' file are mirrored links.
I followed these steps and successfully rooted my phone and didn't face any problem, till now.
Please try and report here.
Your comments are welcome !