Karan announcing film with Shahrukh, Kajol

Producer director Karan Johar's debut film, Kuch Kuch Hota Hai (1998), saved his father's banner, Dharma Productions, which was virtually on the brink of bankruptcy. Not only that, the film went on to become one of the biggest hits of the 90's. It also consolidated the super-star power of the SRK-Kajol pair and established Karan as a top-notch director of the Hindi film industry.

Karan's career graph rose further with his next two films, Kabhi Khushi Kabhie Gham (2001) and Kabhi Alvida Naa Kehna (2006). He ranks amongst the topmost Bollywood directors/producers like Yash Chopra, Aditya Chopra, Sooraj Barjatya.

Karan has off late been seen more on television, though news about his next project, obviously featuring close friends Shah Rukh Khan and Kajol, has been doing the rounds, for a while. There have also been speculations that the project may not happen, as Kajol is not very keen on doing the film.

However, putting an end to all the canards, Karan says that he will soon be making a formal announcement regarding his next directorial venture, featuring his favourite pair. But before that he wants to have everything on paper.

Well, we are waiting eagerly for the official word about, Khan or My Name Is Khan or whatever is the actual/final title!