first things first, i could not decide if i liked the movie and recommend it to others :-), so perhaps go watch it for yourself and decide :-)... its a story of characters and they are humans who are bound to make some mistakes... they have desires, aspirations, greed and they can lose their integrity at times... they are down at times and need help...
the movie is set in bollywood industry of 70s, perhaps trying to showcase how it used to work but i am not sure if the focus of the movie was that... to me it appeared its trying to show lives of some people and how their relation keeps changing and story evolves... soha is a upcoming actress who is trying to get into bollywood, rajat kapur is the superstar premkumar and notices her, she gets work on his recommendation but in return she has to get physical with him and she herself is pretty aware of such practices... shiney is a writer who gets to meet rajat on recommendation of vinay pathak... things take off for shiney and he also starts getting work... now rajat's marriage is fixed with dipanita and for some strange enough reasons soha is upset (though there was never love between the two)... she finds comfort with shiney... they get physical and fall in love... now when this news is out rajat tries to show his muscle but they manage to hold their ground... soha becomes a big star herself... shiney and soha plan to marry but some family issues makes soha work more and meanwhile shiney also decides to turn director... then trouble between the two starts when shiney is not able to get dates of soha for his movie... they have clashes... shiney's film goes flop and for her next film he almost asks soha to give favor to the producer... things dont work out between the two and shiney leaves... when he comes back after some time, soha has taken to drinking, doing b-grade films, is down wrt health... soha is staying with vinay pathak... shiney has a movie script which is based on his own life and soha and rajat work in that (incidentally that movie is called khoya khoya chand and the setting is in dance industry and not bollywood, kind of confirming my belief that the movie is more about humans and power than bollywood in 70s :-)...
overall the movie is largely heavy except some dialogues here and there which manage laughs... there are couple of things which i just could not get though... shiney's father had 4 wives and had rather "rangeen" personality, shiney is upset with him and when he was about to die, he asked for forgiveness, shiney did not forgive him... apparently that thing hounds him but somehow i fail to see the connection missing from rest of the story... if the message from that episode was that shiney should have said yes and told him that he loved his father, then when he returns back even then he does not express this to soha, i.e. whatever happened is gone and i still love you and want you... its soha who says that... secondly soha expecting rajat to marry her was also not clear.. there was no love... then she herself was into such situations since she was 14...
acting wise decent performances by everyone... songs are okay, title track is good...