During March 1993, after his Ambassador car is being fished out of water, Assistant Commissioner of Police, Agnel Wilson, narrates to the Commissioner as to how he commenced his investigation against an underworld gangster, Sultan Mirza. He details how Sultan had survived floods in Madras, shortly after Independence; his arrival in Bombay; and his employment which earned him a mere 25 Paisa daily. Agnel's attempts to rein in Sultan fail, but he keeps tabs on him and his romance with Bollywood actress, Rehana; as well as his new recruit, Shoaib, the son of Sub-Inspector Khan. Agnel will find his investigation slipping out of his hands after Sultan temporarily delegates complete responsibility to Shoaib.

Raghav Shastri and Jai Mittal belong to two different strata of the society . Raghav is a hot-tempered , world-weary taxi driver who lies to his family about working as an insurance salesman . Jai is the heir to a sprawling business empire , your stereotypical spoiled rich man's son . After his father's demise , he leans that in his Late father's will , all the property and business has been transferred to Arjun Bajaj , his father's close friend . Jai challenges the will in court , saying that he possesses the original will safely sored away in a security vault . On the day of the hearing he hires Raghav's taxi to take him to the vault building , constantly nags him about driving too slowly which leads to speeding and accident . Jai gets away from the scene and reaches his destination , only to realize that he has dropped his vault key accidentally in Raghav's car ...

Rebellious and uninhabited Reshma lives an impoverished lifestyle with her mother, Ratnamma, in 1980s South India. She is an ardent fan of film actor, Suryakant, and her one ambition in life is to meet and act with him. She runs away to Madras, and like, hundreds of young women, lines up outside Jupiter Studios to try and get noticed. With her plain, next-door-girl looks, she gets ignored but as fate could have it she is given a chance to play a minor role after she manages to sneak into the studios. The role exploits her as a sex symbol, driving males to the cinema houses to absorb her movements and beauty. Virtually overnight she, now renamed Silk, becomes a sensation, and together with the aging superstar, Suryakant, the one she had always fantasized about, she sizzles the silver screen with her sex appeal. Suryakant's brother, Ramakant, an author, is smitten by her - so much so that he would like her to opt out of movies altogether...