Microsoft is giving scholarship for students, who are studying PHD in computer and related courses in Indian universities, Microsoft provides subsidies to few numbers of persons every year and they are selected after the exams.
They will give certain amount for education, books and other expenses up to four years for selected candidates. Moreover candidates who have chosen to receive scholarship get a free laptop, also they receive amount for participating in computer related events such as seminars.
They are also allowed to involve in Microsoft research programmes
Candidates those who registered for PhD or studying PhD now in Indian universities are eligible to apply for this scholarship
For full information: http://www.research.microsoft.com/
On above website you find application process, eligibility and schedule details, you have to access online registration page to submit your details for scholarship nominations.