Sanjay Leela Bhansali`s blockbuster Devdas has been chosen by TIME magazine as one of the year`s best international movies. The big-budget movie, starring Shah Rukh Khan, Madhuri Dixit and Aishwarya Rai, ranked forth in the international category. This is great news for everyone involved, especially since Devdas is currently trying to make the finals of the Oscars.

Meanwhile, the global hit Monsoon Wedding was also honoured by TIME magazine and featured in a separate list for the best movies produced in the West. It ranked 5th, ahead of films such as `About a Boy` and `8 Mile`