Ravi
Msmsgs Stands for Microsoft messenger. Apparently you are having a problem with the messenger service when it wants to fire up and phone home at startup. You may just want to uninstall it if you do not use it or uninstall and reinstall by download if you do use it.
Here is the uninstall proceedure.
How do I uninstall MSN Messenger if I have problems?
To uninstall MSN Messenger:
Click the MSN Messenger icon in the taskbar, and then click Exit.
Click the Windows Start button, point to Settings, and then click Control Panel.
Double-click the Add/Remove Programs icon.
Select MSN Messenger from the list and click the Add/Remove button.
Let us know if that helps you.
Dave
PS heres where it can be downloaded again:
http://messenger.msn.com/default.asp?client=1