Akshay and Aishwarya in their own Action Replay

Producer Vipul Shah has announced that Akshay Kumar and Aishwarya Rai Bachchan will be teaming up for the first time since Khakee for his new movie Action Replay. Set in the elegant world of 1950s Mumbai, it will give both actors the chance to shine in a period drama.

“Action Replay will combine a contemporary setting with a period look where Mumbai of the 1950s will be recreated," said Vipul, "Nitin Desai will do the set design. He will replicate the time period by constructing roads, cars and houses over six acres of land in his Karjat studio.”

It's been an up-and-down year for Akshay with the disastrous Tashan followed by the super-duper-mega-hit (that's a technical term) Singh is Kinng! It also looks as though he has more hits lined up with Chandni Chowk to China with Deepika Padukone and Ranvir Shorey; Blue with Sanjay Dutt and Lara Dutta; and the US-based Kambakth Ishq with Kareena Kapoor, Amrita Arora, Denise Richards and Sylvester Stallone.