She is Back and How. 

Mrs. Bachchan looked extremely ravishing at the Red Carpet of this year's Cannes, I doubt if she has ever rocked the red carpet so well and with such demeanor.
Here is Mrs. Aishwarya Rai Bachchan's pictorial journey at The Cannes Film Festival starting in the year 2002.
Her transformation has been commendable. Really hoping for many more such appearances. 

And 2014...

Looks like fairy Godmother reminded her what she is capable of. 
Former Miss World definitely pulls off this Roberto Cavalli gown extremely well. Loving its contrast with the carpet's color and the dash of color in her appearance through her lip shade.