If the reports are to be believed than Shahrukh Khan is collaborating with Sanjay Leela Bhansali after 15 years for a film. Reports also suggest that Deepika Padukone will also be a part of this film. Sanjay has worked withDeepika thrice already in Ram-leela, Bajirao Mastani and yet unreleased Padmavati in which Deepika plays the titular role. Shahrukh was worked with Bhansali 15 years ago in a magnum-opus called Devdas. Devdas became one of the highest grossing film of all time and also immensely loved by critics worldwide. Devdas could easily be called as a gigantic milestone in the careers of both Khan and Bhansali.
Since Devdas both Sharukh and Sanjay have grown exponentially in their career and can almost green light any project they want to. No official announcement has been made yet by Bhansali or Shahrukh especially in the times when Padmavati is under heavy scrutiny by Rajput community and censor board. Shahrukh is doing his dwarf film with Anand L.Rai right now which stars both Anushka and Katrina. 3 of them have worked together in the past in a film called Jab Tak hai Jaan and Shahrukh worked with Anushka in his latest film Jab Harry met Sejal.
Shahrukh was suppose to be doing the Rakesh Sharma biopic, a project left by Aamir Khan due to time issues. Aamir was closely attached to the project for a short while but he left it for his ambitious Mahabharata project which will take all of his time post Thugs of Hindustan. Aamir recommended this film to Shahrukh as he thought that it will be a career extension from his film Swades in which Sharukh played a NASA scientist. Salute, Rakesh Sharma biopic has been in works for the longest time and given the budget of the film it can not be green lit without a superstar of incredible fan base.