According to the report the event will be televised, and is also organised by the British television producer in collaboration with an event-management firm that is based in London.
A source close to the actor said, "It'll be a talent show, which will see people from across the world competing, Cowell has wanted to venture into the Indian entertainment market for a while."
The director of RFS Entertainment Ltd, the firm organising the event said, "Simon Sowell and Shah Rukh Khan will be teaming up for a live extravaganza. We are bringing these two global house names together."
We can wait to see what Simon and SRK have in store for us.