This may be less relevant to the topic, can anyone point out how to start a company in India (I am a Indian citizen). Your help is appreciated.
Practicalities: You have to contact a RoC agent (Registrar of Companies) who'll get this done for you. Depending on the type of your entity/incorporation (sole proprietorship, LLC, LLP, Company, One person company etc) the fees, time and documentation required will vary. For basic info check out http://www.mca.gov.in/ (Min of Corporate Affairs).
Beware though, really the incorporation process in India sucks donkeys balls and exhales horse farts even when going through agents.
If you want I can refer an RoC agent who presented at one of the weekend startup-meetings in Bombay. Sounded intelligent and well-versed with issues related to startup incorporating. My email is in my profile.