Jay goes job-hunting and is reunited with an old friend. Niloufer creates her own opportunities. Nanik Jotwani and Roy begin a revolutionary venture. Roy's distribution gamble on ‘Sunghursh' fails. Binod's newfound stardom is threatened by a surprise twist.

Binod is blackmailed. Niloufer and Jay rekindle their friendship. Jotwani introduces Roy to some new, powerful friends. Roy protects Binod from catastrophe, at the cost of Jay's career.

An international propaganda tussle begins at Roy Talkies. Jay is determined to start his own studio, but has to make a huge personal sacrifice in order to. Binod backs out of a commitment, and creates an enemy in the process.