Once Indian Panorama was a ticket to movie festivals in some of the most exotic cities. Indian films travelled to Moscow (when it had its allure), Karlovy Vary, Venice, Rotterdam, Berlin and even Cannes. But as Bhupendra Kainthola, Director of the Indian Panorama in the Directorate of Film Festivals admitted ?Panorama entries are no longer a hot favourite outside the country?.
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http://in.news.yahoo.com/32/20091201/1070/ten-an-oasis-in-the-iffi-desert.html