Arriving in Mumbai with just a backpack and a guitar, Raunaq Kaul hooks up with Surinder Bhan, who introduces him to Charlie, the owner of 'Charlie Tango' nightclub. This is where Raunaq makes his start and achieves phenomenal success as a composer virtually overnight. He quickly regresses to a life of illicit drugs, including Charas, Cocaine, Ganja, smoking, and alcohol. Unable to perform, he goes for a medical check-up with Dr. Manu Rishi Kaul, and is told that he has lost his hearing in the right ear, while the left one is only partly functional. In order to avoid deafness, he must avoid loud music as well as try and keep off drugs, alcohol and smoking, and wear a hearing-aid. Unable to focus on his work, he alienates himself, gets into an argument, which results in an accident - taking away his hearing altogether. Depressed, refusing to communicate with anyone, he prepares a padded sound-proof room with hopes of recovering his hearing...

Phase Gaye Re Obama is a comedy set against the backdrop of global recession/meltdown that originated in USA. The film traces the journey of OM Shashtri, an American citizen of Indian origin, who loses all his wealth overnight to the global recession & has been asked to vacate his home by the bank unless he pays up $100,000 (mortgaged amount) within 30 days. Seeing no other option Om comes to India to sell a small piece of an ancestral property. But within days of landing in India he is kidnapped by a 'recession-hit' underworld gang those who think that he is still a millionaire. What happens to Om, is he able to save his home, how did the 'poor' gangster cope with their 'poor' catch & what do small town Indian gangsters have to say to President Obama...is largely forms the rest of the story. The film, showcases how global recession/ meltdown impacted...