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Stallone's action hero friend Arnold Schwarzenegger will also appear in the movie.
The two will appear alongside the Bollywood stars Ashkay Kumar and Kareena Kapoor in "Incredible Love", the story of an Indian stuntman who hits it big in Hollywood but can't find true love there.
The film will be the first Indian production to be shot at Hollywood's Universal Studios and will have the highest budget in Bollywood history.
Ambani's company, 'Reliance Big Entertainment', has just inked deals with Tom Hanks, George Clooney, Brad Pitt and Nicolas Cage for cooperative production deals. At this year's Cannes film festival, Ambani announced he would invest more than £500 million in developing film projects with the celebrities own production companies.
The Indian producers who are banking on Stallone may be disappointed by his star power. The latest Rambo film disappointed at the box office and the British Odeon chain refused to show it for "commercial reasons".
Stallone currently has no movie projects in the works, but is directing and due to appear in the made-for-TV movie "Notorious" - a film about the deaths of rap music artists and thugs Biggie and Tupac, and the Los Angeles Police Department corruption scandal that lurks beneath the story.
Stallone plays LAPD detective Russell Poole. The real-life Poole was a key figure in exposing the corruption in the LAPD's Rampart division, and his interpretation of events is key in the theories that say Biggie and Tupac were killed as part of a gang-police-rap power triangle. Along with archived footage of Tupac and Biggie it is rumored that there will be appearances by Snoop Dogg, Sean 'P. Diddy' Combs and Marion 'Suge' Knight.
Source: By Stralink Celebrity Blog http://starlinkcelebblog.blogspot.com/
I'm really looking forward
I'm really looking forward to the long awaited "Notorious", I feel terrible for how Detective Russell Poole was treated by the LAPD for exposing the corruption.