»   » 

Ashutosh Gowariker’s Buddha is scrapped

Give your rating:

Just a few months back, Dr. Modi of the Spice group had announced his entry into the Indian entertainment industry with Anil Kapoor"s No Problem and Ashutosh Gowariker"s mega budget film Buddha.

Buddha was to be a costly project, entailing an investment of around Rs. 100 crore. Eyebrows had then been raised in industry circles about the logic behind such a huge investment in a film. Well, the apprehensions of industry seem to have reached Modi be cause the project has been shelved.

Our reliable sources have informed us that No Problem is the only film Spice is financing, after which the entertainment division of Spice will close down. Reportedly, Singapore-based Modi and his financial advisors feel, it is not safe to finance Bollywood films. In other words, the risk is far too much for the multi-crore group of Spice to take.

Read more about: no problem, anil kapoo, ashutosh gowariker, bbuddah hoga terra baap
Please Wait while comments are loading...

Bollywood Photos

Content will resume after advertisement

Skip Ad
Please wait for seconds

Bringing you the best live coverage @ Auto Expo 2016! Click here to get the latest updates from the show floor. And Don't forget to Bookmark the page — #2016AutoExpoLive