Gaurav I just found out that you were Technical Architect on Brijj.com and it uses Symfony. I haven't dug deep into Symfony, but I'd imagine their basic auth module/plugin will hash passwords before saving them.
I wonder if Brijj.com isn't fully using Symfony to its potential?
See the URL in the screenshot - http://www.flickr.com/photos/gsharma/2740079054...