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Cosmo First elevates Kulbhushan Malik as global business head of its films business

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Mumbai: The global business conglomerate Cosmo First on Tuesday announced the elevation of Kulbhushan Malik as the business head for their films business globally. Earlier, he was working as head of operations for international businesses.  

He will be responsible for devising strategy on operations and business growth.

Malik brings over 24 years of experience with diverse experience in general management roles with P&L responsibilities, business development and finance roles with a demonstrated record of working in the manufacturing industry.

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Speaking on the announcement, Cosmo First group CEO Pankaj Poddar said, “Kulbhushan has not only been an integral part of Cosmo Films growth but has helped navigate it via his leadership, strategy, and business acumen. I am confident that with Kulbhushan in-charge, Cosmo First will continue to achieve its strategic business goals.”

Commenting on joining his new role, Malik said, “Cosmo has been at the forefront of innovation and manufacturing capabilities in the packaging industry. I look forward to working with the team and leveraging their capabilities to seek challenges and continue to deliver upon our commitment to quality, trust, and innovation with our consumer-centric approach.”

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Hindi

Jio Studios, Sanjay Dutt team up to revive Khal Nayak

Rights acquired for new version, format under wraps as remake plans take shape.

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MUMBAI: The villain is back and this time, he’s rewriting his own script. Jio Studios has partnered with Three Dimension Motion Pictures and Aspect Entertainment to revive the 1993 cult classic Khal Nayak, marking a fresh chapter for one of Bollywood’s most iconic anti-hero stories. The original film, directed by Subhash Ghai under Mukta Arts, was a commercial and cultural milestone, with Sanjay Dutt’s portrayal of Ballu becoming one of Hindi cinema’s most memorable performances.

Dutt, along with Aksha Kamboj, has now acquired the rights from the original creators, bringing on board Jio Studios and its President Jyoti Deshpande to steer the project creatively.

While the exact format whether remake, sequel, prequel, or a completely new narrative remains undisclosed, the collaboration aims to reinterpret the story for contemporary audiences while retaining the essence that made the original a defining film of the 1990s.

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The move taps into a broader industry trend of reviving legacy intellectual property, particularly characters with strong recall value. “Khal Nayak” was notable for pushing mainstream Hindi cinema into morally grey territory at a time when heroes were largely one-dimensional, making Ballu’s character a standout.

The project also marks the film production debut of Aspect Entertainment, signalling a push towards more technology-led storytelling frameworks. Meanwhile, Jio Studios continues to expand its slate, having built a library of over 200 films and series, with more than 60 titles collectively winning 500-plus awards.

For Dutt, the revival is as much personal as it is strategic, a return to a role that reshaped his career. For the industry, it is another sign that nostalgia, when paired with scale, remains a powerful box-office proposition.

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Because in Bollywood, some villains never fade, they just wait for the perfect comeback.

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