It is always very interesting to do some hobby projects while you are in college, and I think ST Discovery kit is the best place to start with. Now a days you can order ST discovery kit from India through RS Components website
Below are some links which are very helpful while doing embedded coding on ST 32 bit discovery kit.
MCU webpage: http://www.st.com/web/en/catalog/mmc/FM141
Application Notes for STM32F101: http://www.st.com/stonline/stappl/resourceSelector/app?page=fullResourceSelector&doctype=application_note&LineID=1567
Product Presentation: http://www.st.com/stonline/stappl/resourceSelector/app?page=fullResourceSelector&doctype=product_presentation&LineID=1567
Reference
manual: http://www.st.com/stonline/stappl/resourceSelector/app?page=fullResourceSelector&doctype=reference_manual&LineID=1567
Firmware User Manual: http://www.st.com/stonline/stappl/resourceSelector/app?page=fullResourceSelector&doctype=user_manual&LineID=1567
ST e2e community: https://my.st.com/public/STe2ecommunities/default.aspx
Firmware examples: http://www.st.com/stonline/stappl/productcatalog/app?page=partNumberSearchPage&levelid=LN1567&parentid=1743&resourcetype=SW
You can also watch very good videos on Discovery kit on youtube.
http://www.youtube.com/watch?v=vkazsHYy-ME
http://www.youtube.com/watch?v=vkazsHYy-ME
Review:-STM32F4-DISCOVERY Review
Simple Project :-STM32F0 Discovery Tutorial Blinking Led