Director Nila Madhav Panda asks for 5 crore

Nila Madhav Panda has charged 5 crore to direct a movie.
If sources are to be believed, the film in question is a Hollywood venture, which will be based on a South Asian story and produced by a French studio.
Panda, meanwhile, is busy with his current film — a musical journey of four youngsters. But the studio has set a timeline for Panda and work will begin only after 2014.
When contacted, the director said that negotiation is indeed on for the project. However, he declined to name the French studio. “The news is true. I will divulge the details when it is confirmed,” said Panda.