Vijay Mallya's Brief foray into Bollywood Ends in Box Office Disappointment

Billionaire businessman Vijay Mallya, currently a fugitive in the UK, had a brief foray into the world of Bollywood in 2004 with the production of the film Rakht. Co-produced with Suniel Shetty, the film, written and directed by Mahesh V Manjrekar, starred Bipasha Basu, Sanjay Dutt, and others, but it failed to impress audiences, resulting in a loss of Rs 4 crore.

Key Takeaways:

• Vijay Mallya co-produced the film Rakht with Suniel Shetty in 2004, marking his brief foray into the movie-making business.
• Rakht, written and directed by Mahesh V Manjrekar, starred Bipasha Basu, Sanjay Dutt, Suniel Shetty, and others, but failed to recover its budget of Rs 12 crores, resulting in a loss of Rs 4 crore.
• The film's box office performance was disappointing, marking a swift exit for Vijay Mallya from the movie-making business.
• Suniel Shetty and Ratan Tata, another industrialist, also ventured into movie-making around the same time but failed to succeed, with Shetty's Rakht and Tata's Aetbaar being the only films produced by them.
• Vijay Mallya was quoted by the Economic Times in 2004, expressing excitement about entering the film industry, stating, "We are going into movie-making in a big way."
• Mallya's only time producing a film was Rakht, and he swiftly exited the movie-making business after its box office disappointment.

Statistics:

• Rakht was made on a budget of Rs 12 crores.
• The film managed to recover Rs 8 crores, resulting in a loss of Rs 4 crore.
• Ratan Tata also produced the film Aetbaar with a similar box office performance.

Sources:

• Box Office India (no date mentioned)
• Economic Times (no date mentioned)
• Diligent Media Corporation Ltd., DNA (Daily News & Analysis) - Copyright 2010