The judges at the event were film maker Karan Johar, actress Asin, choreographer Shiamak Davar, cricketer Yuvraj Singh, fashion designer Ritu Kumar, actress Chitrangada Singh and actor John Abraham.
The winners were chosen among 23 finalists.
Navneet Kaur Dhillon is a student of Punjabi University, Patiala, while Sobhit Dhulipala is current studying At HR College, Mumbai. Zoya Afroz studied at Mithibai college.
IANS adds: The evening began with an entertaining performance by the star cast of Indra Kumar's "Grand Masti" -- Aftab Shivdasani, Riteish Deshmukh and Vivek Oberoi who were there to promote the film.
It was followed by dazzling performances by Aishwarya and Priyanka.
Singer Sonu Nigam too enthralled the viewers when he sang some heart touching numbers.
The event marked Aishwarya's comeback on stage post her pregnancy. The actress had not signed up any major projects after she became pregnant in 2011.
Ace choreographer Shiamak Davar confirmed the news. He tweeted, "Rehearsing with Aishwarya for Femina Miss India. Memories from when I choreographed her for Miss World. Don't miss it today."
The beauty pageant completed its 50 years and so the organisers made it a pan India event in the true sense by taking extra care in selecting girls from every corner of India. Auditions were held at Pune, Goa, Indore, Kolkata, Bangalore, Chandigarh and Delhi.
The 10 semi-finalists were Anukriti Gusain, Apurva Lonkar, Gail Nicole Da Silva, Navneet Kaur Dhillon, Sagarika Chhetri, Sobhita Dhulipala, Srishti Rana, Swati Kain, Vijaya Sharma and Zoya Afroz.
Sobhita was crowned Femina Miss Itimes Digital Diva by Karan Johar. She also won the cash prize of Rs.1 lakh.
