Mahesh Babu's next with Mirchi director Koratala Siva is waiting for a formal launch since very long time. As per the latest reports, in July this project will have its launch and by then Mahesh would wrap up his ongoing project Aagadu.

Also we hear that the title for this project has been finalized and it is Parakrama. Director Siva approached Mahesh with the name and got a nod immediately. The plot of the film is a family oriented one with some action elements and Mahesh who is looking for change of image seems impressed with the plot.

Leading Telugu movie distributors in US, Mythri Movies will produce it and Devi Sri Prasad is expected render tunes.

(AW: Vamshi)