Born in West Bengal, Subhrojeet Chakraborty re-locates to Mumbai, to work with Lalaji Telefilms as a Creative Head Director. He meets with the Executive Director, Anekta Kapoor, and after going through various formalities - including having his Kundali/Astrological Chart approved - he is hired and instructed to increase the firm's TRP's with a good day-time soap. With all ideas already being telecast by Ekta Kapoor and Balaji Telefilms, he is at a loss and encounters writers' block. This issue resolves itself after he meets with his neighbor, Sumana Roy Chowdhury, and decides to write a story about the two of them. His work is accepted, initial episodes are telecast, and the ratings do surge upwards - but not for long - as soon Sumana finds out, confronts him, the duo find they are attracted to each other and get married. The question remains: with the two getting married, how will the show and the remainder of the episodes proceed?

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...