Hi Nitin,
Thank you for visiting Microsoft Community.
As per the issue description Network Adapter is missing after installing Windows 7 Ultimate on your computer. The network adapter might need to be reset, or the adapter driver might need to be updated. Try the steps provided below and see if it helps you to fix the issue.
Method 1:
First, I would suggest you to run Windows in-built network troubleshooter to get the problem automatically detected and fixed.
Refer the article below to run network troubleshooter.
Using the network troubleshooter in Windows 7.
http://windows.microsoft.com/en-us/windows7/using-the-network-troubleshooter-in-windows-7#section\_2
Method 2:
This issue can also be related to network adaptor, resetting, updating driver, disabling, re-enabling, uninstalling and reinstalling network adaptor may help.
Follow the steps in the article below to fix network adaptor problems.
How do I fix network adaptor problems?
http://windows.microsoft.com/en-us/windows/fix-network-adapter-problems#1TC=windows-7
Also see: Wired and wireless network problems.
Hope this would help. If issue still persists post back with current status of your computer and result of the proposed suggestion, we will be happy to assist you.
Regards,