Hindi
Mukta Arts exits Manish Goswami’s movie company
MUMBAI: Subhash Ghai-promoted Mukta Arts has exited Red Carpet Films, selling off its entire 50.01 per cent stake in the newly created movie company to founder-promoter Manish Goswami.
In a related development, Eros International has snapped ties with Red Carpet Films. Eros had expressed intend to distribute and fund the movie projects of Red Carpet Films.
“We had an understanding with Red Carpet Films which never materialised,” Eros International CEO Jyoti Deshpande tells Indiantelevision.com.
With no project kicking off and Eros out of the scene, Mukta Arts decided to dump Goswami‘s diversified venture at par value, getting back its purchase price of Rs 2,50,470. Goswami runs a TV content company, Siddhant Cinevision, which has made successful serials like Parampara, Kittie Party and Ashirwaad.
“We had bought the stake in the company at par value because it had its distribution and funds in place with Eros. This would help us increase the bandwidth of our production capability. However, since the company did not get the support from Eros, we saw no point in continuing with this relationship,” a senior Mukta Arts executive tells Indiantelevision.com on request of anonymity.
When contacted, Goswami did not elaborate on the reasons behind Mukta Arts‘ decision to exit from Red Carpet Films.
Soon after roping in Mukta Arts as an equity partner, Red Carpet Films had sealed a four mid-budget movie-deal with Eros International worth Rs 400 million. But the projects stayed grounded as Eros divorced its relationship with Red Carpet Films.
Hindi
Marico founder Harsh Mariwala’s book Harsh Realities set for film adaptation
Almighty Motion Picture taps Karan Vyas to script Marico story
MUMBAI: Almighty Motion Picture is turning its lens on India Inc., with plans to adapt Harsh Realities: The Making of Marico into a screen project. The story charts the rise of Harsh Mariwala, the chairman and founder of Marico, and is currently in early development, according to a report by Variety.
Writer Karan Vyas, known for his work on Scam 1992, Scoop and Made in India – A Titan Story, is attached to pen the screenplay. The project continues the studio’s growing interest in real-life Indian narratives that blend business with human drama.
At the heart of the story lies a defining moment in 1987, when Mariwala chose to step away from the family-run Bombay Oil Industries and strike out on his own. What followed was not just the creation of a company, but the reinvention of a legacy. Marico would go on to become a global FMCG player, with brands like Parachute, Saffola, Set Wet and Livon becoming household names, reaching nearly one in three Indians.
The source material, co-authored by Mariwala and renowned business strategist Ram Charan, offers more than a boardroom chronicle. It captures the grit behind the growth, the risks behind the rewards and the leadership lessons forged along the way.
The adaptation aims to move beyond balance sheets and brand milestones, focusing instead on the person behind the enterprise. Expect a narrative that leans into the emotional stakes of entrepreneurship, where decisions are as personal as they are professional.
Today, Marico draws about a quarter of its revenue from international markets across Asia and Africa, reflecting its steady transformation from a domestic player into a multinational force. Yet, if the makers have their way, the screen version will remind audiences that every global success story begins with a leap of faith.
With development set to begin soon, this is one business story that may just trade spreadsheets for storytelling, and profit margins for moments that linger
