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Karan Johar's ego is still recovering from the the KANK fiasco and he loves calling the Indian audience non-progressive! However Johar has not given up on film-making and after his Koffee With Karan Stint will start shooting for his next venture.

The movie Khan (yes thats what it will be called) will of course have Shahrukh Khan in the lead. This time KJ is keeping away from anything romantic and according to industry insiders his upcoming movie will revolve around terrorism!

 “Unlike my other films, my next directorial venture goes into an area that I need to get completely right before going on the floors. I’m therefore in the US for three weeks meeting people from various religious, social and humanitarian organisations. None of my films so far have required me to go much beyond my imagination,” says Karan. He says it’s too early to elaborate on his project. “But it raises issues that concern us in an immediate way. We cannot turn away from them, because they stare into our faces and conscience every morning from the newspapers,” says Karan.

According to Tony from RS

"Karan has not revealed the story to anyone, but I can reveal a little about it. ‘Khan’ will see Shah Rukh Khan play a world renowned peace activist, who is kidnapped by ‘Islamic’ terrorists, and has to negotiate his own way out. The difference in this story is that ‘Khan’ will be more affectionate towards his kidnappers, and once out of captive, begins to work for the goal they are trying to achieve. He reaches his goal and makes peace where no one thought was possible. The film’s first part will be similar to Tom Cruise’s epic ‘The Last Samurai’. However, the second part will be totally inventive and fresh. Karan hopes to send out a global message to ‘terrorists’ and world leaders through this film. The film could release as early as Diwali 2008."

"Khan’ will have soundtrack, similar to Sanjay Leela Bhansali’s Black, but no songs as per normal in Bollywood. As a matter of fact, Karan was inspired by Bhansali, “You could say that,” says Karan. “I’ve always admired Sanjay’s work and made no bones about it. To go song-less in my next directorial venture is a decision dictated more by the theme than by any extraneous forces. I can’t see songs breaking into my next film’s narrative. But it isn’t as if there will be no songs! Though no one will sing, there will definitely be music and songs in the background.” Shankar-Ehsaan-Loy are favourites to pen the score again.

Source