Subhash Ghai launched KARZ and also founded Mukta Arts on 24th October, 1978. Thirty years later, on 24th October this year, the Showman will showcase his new film YUVRAAJ to the global audience. "Yes, I've decided to release YUVRAAJ on this date. It's my most ambitious venture so far," Ghai beams proudly.

Before YUVRAAJ, Ghai is bringing in a "comparative smaller project" - BLACK and WHITE. The promos of the film have created tremendous buzz already. "It's completely different from what I've attempted so far. Generally, people look forward to larger than life characters, great music, opulent sets and non-stop entertainment from Scene A to Z in a Subhash Ghai film. BLACK and WHITE is unlike what Mukta Arts has churned out so far," he states.

Meanwhile, Ghai has decided to move on to yet another biggie, the day YUVRAAJ releases. Reportedly, he has signed his favorite, veteran Dilip Kumar, to head the cast of the film. Also roped in are Vinod Khanna, Ranbir Kapoor and Deepika Padukone for pivotal roles. "I haven't signed anyone yet. In fact, I haven't locked any script so far," he corrects me.

So how did the news originate? There has to be some truth to it. "While discussing story ideas with your team of writers, you tend to discuss names that would suit the roles if you were to make that film. These internal discussions keep happening from time to time, but the moment the media gets a whiff of it, it's out in the open, even though nothing is approved. The sad part is, no one bothers to clarify before doing these news-breaks. Frankly, I am in the midst of BLACK and WHITE and YUVRAAJ currently and it leaves me with very little time of think of anything else," he clarifies.