Yes @Gaurav, I had this incident a couple of months back. Though it was Black Smoke rather than White.
My mechanic diagnosed it instantly, turns out I had a faulty Mass Airflow Sensor, which messed up the Air:Fuel ratio causing my spark plugs to blow up, hence why the black smoke.
Considering the symptoms mentioned by @Gok Krish, I highly doubt a faulty Airflow sensor would be the cause.