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Filmmaker <keyword id="83515" type="General" weightage="80" keywordseo="ayan-mukherjee" source="Orion">Ayan Mukherjee</keyword> on Tuesday announced the timeline for the second and third part of his magnum opus 'Brahmastra'. Besides, <keyword id="204236" type="General" weightage="100" keywordseo="ayan" source="Orion">Ayan</keyword> has been roped in for directing a sequel to 'War' under the banner of Yash Raj films. Taking to Twitter, trade analyst Taran Adarsh confirmed the news. His tweet read, "BIGGG DEVELOPMENT... AYAN MUKERJI TO DIRECT 'WAR 2' FOR YRF... <keyword id="6354563" type="General" weightage="80" keywordseo="hrithik-roshan" source="Orion">HRITHIK ROSHAN</keyword> CONFIRMED... #AdityaChopra signs #AyanMukerji to direct #War2... The 7th film in the #YRF Spy Universe, which will follow the events of #Tiger3. #HrithikRoshan will essay the principal lead role." <div type="twitter" handle="taran_adarsh" handlename="taran adarsh" image="http://pbs.twimg.com/profile_images/1440352704/profile_pic_taran_normal.jpg" favoritecount="7387" retweetcount="887" status="BIGGG DEVELOPMENT… AYAN MUKERJI TO DIRECT ‘WAR 2’ FOR YRF… HRITHIK ROSHAN CONFIRMED… #AdityaChopra signs… https://t.co/XwiCUZEWN8" createdat="1680588676000" id="1643134117540937729"></div> However, Ayan has not shared any detail about 'War' on his social media till now. Directed by Siddarth Anand, 'War' featured <keyword id="5013" type="General" weightage="80" keywordseo="hrithik" source="Orion">Hrithik</keyword> Roshan and <keyword id="133664" type="General" weightage="50" keywordseo="tiger-shroff" source="Orion">Tiger Shroff</keyword> in lead roles. This high-octane action drama minted 200 crores within the seven days of its release in 2019. It's touted to be one of the higest grossing hindi films of that year. Overwhelmed by the response, Hrithik said back then, "We wanted to make a film that raises the bar of action films in India and could truly compete with the best of action spectacles being made in the West." "War is a genre-defining action film and I'm extremely happy for the entire cast and crew of WAR because we all have given our all and more to make this film a cut above," he added. After the thumping success of 'Pathaan' this year, Yash Raj Films is eyeing to make their spy-universe larger. 'War 2' is surely a step taken towards that goal.

Brahmastra's Ayan Mukherjee to direct War 2, Hrithik Roshan confirmed for lead role

The <keyword id="6378065" type="General" weightage="80" keywordseo="central" source="Orion">Central</keyword> government has slashed the <keyword id="6934085" type="General" weightage="20" keywordseo="windfall" source="Orion">windfall</keyword> <keyword id="45031" type="General" weightage="20" keywordseo="tax" source="Orion">tax</keyword> on <keyword id="45185" type="General" weightage="20" keywordseo="crude-oil" source="Orion">crude oil</keyword> production to zero from Rs 3,500 rupees per tonne, which became effective today, according to an official notification. The windfall tax on diesel has been slashed to Rs 0.5 per litre from Rs 1 per litre earlier. There is no windfall tax on petroleum, jet fuel, or aviation turbine fuel (ATF). Windfall tax is levied by the government on unexpectedly high profits companies earn. It was levied in July 2022 as high energy prices had led to high profits for oil producers. Since then, windfall taxes for crude oil have declined from Rs 23,250 per tonne in July 2022 to Rs 3,500 per tonne as of March 21. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/news/brahmastras-ayan-mukherjee-to-direct-war-2-hrithik-roshan-confirmed-for-lead-role/articleshow/99236228.cms">Brahmastra's Ayan Mukherjee to direct War 2, Hrithik Roshan confirmed for lead role</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/banks/news/world-bank-cuts-indias-gdp-growth-to-6-3-for-2023-24/articleshow/99236772.cms">World Bank cuts India's GDP growth to 6.3% for 2023-24</a>

Govt removes windfall tax on crude oil production, cuts for diesel

<ul><li>From <keyword id="6433339" type="UNKNOWN" weightage="20" keywordseo="Game-of-Thrones">Game of Thrones</keyword> to <keyword id="6354370" type="LOCATION" weightage="20" keywordseo="baahubali">Baahubali</keyword>, <keyword id="6486412" type="UNKNOWN" weightage="20" keywordseo="VFX">VFX</keyword> has become popular across Indian and international productions.</li><li>Oscar winning studio Framestore which won the award for films like Blade Runner 2049 and Gravity, is setting up a studio in Mumbai. </li><li>The Indian <keyword id="415861" type="PERSON" weightage="20" keywordseo="visual-effects">visual effects</keyword> and animation industry will be worth ₹184 billion by 2024, according to KPMG.</li></ul>From Game of Thrones to India’s very own Baahubali – if there was one thing that held audiences’ attention throughout, apart from the brilliant storytelling of course – it was the visual effects. The scenes transport you to a place very different from your own and make you believe that the world shown in these shows and movies do exist – and that’s the power of VFX. While Indian audiences watched GOT, little did they know that Khaleesi’s massive dragons they saw on screen were actually made in India by Prana Studios. But Indian films are craving for visual effects too, and the scale and size of Indian industry is making global studios set up shop in India. Oscar winning studio Framestore which won the award for films like Blade Runner 2049 and Gravity, is setting up a studio in Mumbai. It will also hire 500 people. But this is not its first tryst with India. Framestore earlier made a major investment in Jesh Krishna Murthy’s VFX Studio, Anibrain, in 2017. “Mumbai has become a centre of excellence in digital filmmaking. There’s a depth of talent that can deliver to the scale of Hollywood with the colour and flair of <keyword id="143" type="CITY" weightage="20" keywordseo="Bollywood">Bollywood</keyword>.In terms of visual effects, we will set the standard here as we did in Montreal almost eight years ago,” said Framestore’s founder and CEO, Sir William Sargent. But Framestore isn’t the first global company to turn to India. In 2018, global animation studio Dreamworks partnered with Technicolor to open DreamWorks Dedicated Unit, Technicolor India (DDU) in Bengaluru. And there is a reason why these companies are coming to India. The Indian VFX and animation industry is worth a whopping ₹88 billion with VFX alone holding on to ₹68.4 billion, according to a <a href="https://assets.kpmg/content/dam/kpmg/in/pdf/2019/08/india-media-entertainment-report-2019.pdf">KPMG report.</a> 
 
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 “The VFX segment in FY19 saw stereo scoping work flowing to India from international markets and a rise in VFX demand, not just from Hindi movies, but even from South Indian films,” said the report. The South Indian industry which produces a large number of fantasy movies, is early to catch on to this trend. Hyderabad-based Firefly studios was the frontrunner for Baahubali’s visual effects. The city is home to many other such studios like Makuta Studios, which won National Awards for its work in Magadheera and Eega, and also Green Gold Animation which has gained worldwide recognition for its animation series Chhota Bheem. In fact, the Telangana government is also setting up a Centre of Excellence (CoE) for gaming, visual effects and animation. Meanwhile in Bengaluru, startups like MRT Studios, Thought Cloud Studios, Videogyan, and Om Studio are making noise with their VFX work in Kannada films. Unlike South India, visual effects has not yet seen a massive uptake in Bollywood -- although it is used massively for films like Fan, Ra.One etc. Ayan Mukherjee’s next with Ranbir Kapoor and Alia Bhatt titled Brahmastra is slated to be India’s biggest VFX superhero movie. With the hustle in the sector, there are no surprises that the KPMG report predicts the Indian visual effects and animation industry to hit ₹184 billion by 2024, at a CAGR of 16%. See Also: <a href="https://www.businessinsider.in/entertainment/article/heres-why-shahrukh-khan-is-still-the-king-of-bollywood/articleshow/71862029.cms">Shah Rukh Khan is still the reigning star of Bollywood with no else on the horizon to claim the throne</a>

Lights, camera, and visual effects! Decoding the vast potential of Indian VFX industry

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Brahmastra's Ayan Mukherjee to direct War 2, Hrithik Roshan confirmed for lead role

ANI

Govt removes windfall tax on crude oil production, cuts for diesel

IANS

Lights, camera, and visual effects! Decoding the vast potential of Indian VFX industry

Sanchita Dash

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