Singanamala Ramesh Babu is not known to many but his father started as a film financier in Telugu cinema and he continued it for decades. Singanamala Ramesh Babu floated his production house and he produced films like Veede and Maa Annayya. He went on to produce the biggest debacles of Telugu cinema like Komaram Puli and Khaleja. Both these films were delayed by years and they ended up as cost failures.
Singanamala Ramesh Babu interacted with the media today after years. He made an open statement that he lost Rs 100 crores through these films and the lead actors Pawan Kalyan or Mahesh Babu never called him or supported him over the years. He also landed into controversies and was jailed. Singanamala Ramesh Babu said that no one from the Telugu film industry has supported him after his downfall. The news is now viral across Telugu circles.
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