The film has an ensemble cast which includes, Shahrukh Khan, Deepika Padukone, Abhishek Bachchan, Boman Irani, Vivaan Shah, Sonu Sood and Jackie Shroff.

The film will be distributed worldwide by Yash Raj Films.

This will be the third collaboration of Khan with the director; they previously worked on Main Hoon Na (2004) and Om Shanti Om (2007).

The latter of which also featured Padukone as the female lead.

The promos of the film revealed that it belongs to a new genre of musical heist.

The film is scheduled to be released on Diwali, 24 October 2014,[3] in three different languages: Hindi, Tamil and Telugu.

A team of six losers fake participating in a dance competition in their attempt to pull off the greatest diamond heist ever.

Farah Khan made the official announcement of the film on twitter.

The first schedule of filming started in Dubai.

Arabian Business reported that a major portion of the film will be shot in the prestigious Atlantis, The Palm.

The music of Happy New Year is composed by the duo of Vishal-Shekhar while the lyrics are penned by Irshad Kamil.