The Indian Space Research Organization sent a mission to moon few months back , and has been able to get lot of data from it. The analysis of the data has been happening over the last few weeks on an intensive basis, and now the ISRO has come out with the key findings.
It is convinced that there is water in the moon and further probe is planned. The US based NASA has now started co-ordinating with the Indian Space Organization to further analyze the related data which could be used by it in it's future Moon missions.