Despite RGV's overtures regarding NTR's biopic, Nandamuri Balakrishna is not stepping back. The top hero will pretty soon be launching a new banner. Sources have informed us that he will be establishing a production banner 'Brahma Teja Productions' named after his daughters Brahmini and Tejaswini.

Balakrishna will produce the biopic on his father NTR on this banner.

He is said to have zeroed in Teja as the director of the movie while the script has already been written by Balakrishna and some of his close writers. The biopic is likely to be launched shortly.

Currently, Teja is busy with a movie starring Venkatesh.