Austrian film "The Counterfeiters" ("Fälscher, Die Wins"), based on the true story of the largest counterfeiting operation in history set up by the Nazis in 1936, has won the Oscar for the best foreign film.

Directed by Stefan Ruzowitzky, the film beat Israeli film "Beaufort", Kazakhstan's "Mongol", Polish entry "Katyn" and Russian movie "12" in the Oscar race.

Glen Hansard and Markéta Irglová bagged the award for best achievement in music written for motion pictures for the original song for "Falling Slowly" in director John Carney's "Once".