Has U.T.V. taken over as the co-producer of Rakeysh Mehra's RANG DE BASANTI? While U.T.V's Ram Mirchandani (Vice-President, Production) has been maintaining a discreet silence over the issue, the news making the rounds is that Mehra has struck a very promising deal with U.T.V, with the latter showing a keen interest in the film right from its inception stages. The estimated budget of the Hindi-English film, (Paint it Yellow) is around Rs 40-50 crores.
Meanwhile, U.T.V. has got a promising line-up of films in the coming few months ranging from Ramgopal Varma's production, D to Chandan Arora's MAIN MERI PATNI AUR WOH and Vishal Bharadwaj's THE BLUE UMBRELLA. There is also a Somnath Sen film in the offing besides one with Aparna Sen.