One thing that i really miss about today's Indian cinema are Indian English movies. I don't know if they are shown now on TV, but i remember seeing them on either Star Movies or HBO. They used to have this 'indian season' kind-of-a thing (maybe during a festive time, Deepavali or Dasara, i don't recollect) during which they used to air such movies. Or was this the time when they used to air indian-american movies (i call them 'cross movies'), i don't know.
Some of them are really good. Mr. and Mrs. Iyer is one such movie. I've watched it plenty number of times and i still do. The music of that movie is fabulous.