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Deepa Mehta's Water couldn't win the Oscar. The award went to Germany's The lives of Others which was also nominated in the Best Foreign film category. Water was Canada official entry to the Oscar this year, although the film is based on India.The entire star cast of the film, except Lisa Ray, was present at 79th Academy Awards in Los Angeles on Monday.

India didn't completely lose out at the Oscars though. Another film called West Bank Story made by an Indian producer Ravi Malhotra, won the Academy Award in the Best Short Film Live Action category at the Academy Awards.

Deepa's forthcoming project is titled Exclusion which will star Amitabh Bachchan, John Abraham and Seema Biswas.