Here are the consolidated list of Bitcoin resources specific to India. Feel free to suggest more in the comments, I will add it here.

For Global resources - https://bitcointalk.org/index.php?topic=455082.0

Meetups:
Bangalore : http://www.meetup.com/Bangalore-Bitcoin-Creativity-Crew/ , http://www.meetup.com/IndiaBitcoin/
Delhi : http://www.meetup.com/Bitcoin-in-Delhi/
Mumbai : http://www.meetup.com/Bombay-Bitcoin/
Hyderabad : http://www.meetup.com/Bitcoin-Hyderabad/
Chennai : http://www.meetup.com/Chennai-Bitcoin/
Kolkata : http://www.meetup.com/Bitcoin-Kolkata-Meetup
Pune : http://www.meetup.com/bitcoin-pune/

IRC:
       Web chat -  https://kiwiirc.com/client/irc.freenode.net/#taproom
             (or)
       Server -  chat.freenode.net
       Ports - ports 6665, 6666, 6667, 6697 (SSL only), 7000 (SSL only), 7070 (SSL only), 8000, 8001 and 8002.
       Channel - #taproom

       Tor access how to -  http://freenode.net/irc_servers.shtml#tor
       Request unaffiliated cloak in #freenode.

Online Store:
Highkart : http://highkart.com/
Bitcoinsaresexy : http://www.bitcoinsaresexy.com/  [ Provides Flipkart gift vouchers for bitcoins ]

Exchanges:
LocalBitcoins : https://localbitcoins.com/
Unocoin : https://www.unocoin.com/
BitQuick : https://www.bitquick.in/

Social Networking:
Facebook - https://www.facebook.com/IndiaBitcoin
Abitsocial - https://abitsocial.com/

Awareness:
Coinsecure : http://coinsecure.in
CIS / Hasgeek : https://hasgeek.tv/cis-india/stream/372-aaron-koenig-an-introduction-to-bitfilm-and-bitcoin

News:
http://www.bitterco.in

Legal:
Naavi - http://www.naavi.org
CIS   - http://cis-india.org/internet-governance/bitcoin-legal-regulation-india
BitLegal - http://bitlegal.io/nation/IN.php

Taxation:
Livemint - http://www.livemint.com/Money/3qcKrBcAMIisahVOyOygYK/Are-bitcoins-currency-or-asset.html   [Temporary Tax guide suggested by Moderator(Benson)]

Events:
Global Bitcoin Conference - 2013 (Bangalore):
      Website - http://www.globalbitcoinconference.com/
      Promo - http://www.youtube.com/watch?v=0zYA6NuXghs
      Photos - https://drive.google.com/folderview?id=0Bz7gxz-jrOS6aUkydWlCczhXODA&usp=sharing
      Videos - http://www.youtube.com/channel/UCoZg1iW6fGDZhkIqmMgbf7A

Alliance/association:
Bitcoin Alliance India - http://www.bitcoinalliance.in/ [CAUTION: Integrity issues.]