Fox Star Studios has come on board with Anurag Kashyap's Phantom Films to co-produce filmmaker's upcoming directorial "Bombay Velvet".

The Ranbir Kapoor and Anushka Sharma-starrer is based on Mumbai in era spanning from 1950s to 1970s. It is the first film of a trilogy on how the city became a metropolis.

Rishi Kapoor admits that "films are our family business", is happy that his son Ranbir entered filmdom and praises him for taking an unconventional route to stardom without his help.

Rishi told IANS: "I am very proud that my son is trying to keep the flag of the Kapoor's flying. I always encourage him and want him to do better work."

Rishi wants Ranbir to be successful while being level headed.

Yaami Gautam has been impressing everyone with her performance these days.

Recently while shooting for an ad, Yaami was required to shoot it in two other languages; Tamil and Arabic, apart from Hindi. The actress has worked in Tamil movie so she was comfortable with the language but the real challenge for her was to perform impromptu in Arabic.

Fox Star Studios is happy to announce its partnership with Phantom Films to produce Anurag Kashyap’s next film, Bombay Velvet. The film, which stars Ranbir Kapoor and Anushka Sharma, will go on floors in July 2013 and is slated for a worldwide release on 25th Dec 2014. The first film of a trilogy, as planned by Anurag Kashyap, Bombay Velvet is the story of how the city became a Metropolis, set against the backdrop of love, greed, violence and Jazz.