Karan Johar finally reacts to backlash over selling 50 per cent stakes of Dharma Productions

Ace filmmaker Karan Johar was recently in the news after he sold 50 per cent stakes in his iconic production banner, Dharma Productions. These stakes were sold to Serum Institue's CEO Adar Poonawalla. Soon after the news broke on social media, many people were unclear of the fact as to what led the filmmaker to sell half of the stake in his production house. On Sunday, Karan Johar shared a cryptic post on his Instagram handle, wherein he is talking about competition. ''Competition happens at the bottom. The people at the top are collaborating,'' he wrote in his post.

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