Ratnavali is a Sanskrit drama about a beautiful princess named Ratnavali, and a great king named Udayana. It is attributed to the Indian emperor Harsha (606 C.E. - 648 C.E.). It is a Natika in four acts. One of the first textual references to the celebration of Holi, the festival of Colours have been found in this text.

The astute minister Yougandharayana plans Udayana's marriage with Ratnavali, the daughter of Vikramabahu. This plan is motivated by a sage's prediction that the person who would marry her would become a Sarvabhauma (emperor). But Udayana is already married to Vasavadatta, who happens to be Vikramabahu's niece. Naturally, Vikramabahu rejects Yougandharayana's plan for fear of wounding Vasavadatta's feelings.

Yougandharayana then spreads a rumour that Vasavadatta has died in a fire at Lavanaka. After hearing this, Vikramabahu agrees to the marriage of Ratnavali to Udayana. The marriage takes place with great pomp, but because of a custom, the bride and groom do not see each other's face clearly during the marriage, and can only see each other after some traditional rites after they reach Kaushambi. Ergo, after the marriage, the couple are escorted back to Kaushambi in a ship. Unfortunately the ship wrecked on the way. Udayana is rescued and is taken back to Kaushambi. Ratnavali is also rescued, but in a separate path, by a merchant and brought to Kaushambi. Yougandharayana comes to know of her rescue, puts her in Vasavadatta's custody renaming her as Sagarika, without disclosing her identity as the princess.

Jaya Krishna is a former tollywood film producer who made movies in 1970s, 1980s and 1990s. Some of his well known movies include Mana Voori Pandavulu 1978, Manthri Gari Viyyankudu 1983, Vivaha Bhojanambu, Muddula Manavaralu, Seetaramulu, Raagaleela, Neeku Naaku Pellanta Krishnarjunulu, 420 with Naga Babu, etc. He is the Telugu producer for the movie Abhay starring Kamal Hasan and Raveena Tandon. His latest films included Sabhash with Sumanth and Dasu with Sri Hari, both of which were stopped midway and released subsequently by another producer.

He is the first producer to pay a remuneration to Mega star Chiranjeevi (Rs. 1116/-). His production banners include Muddu Art Movies, Jaya Krishna Movies.

He started his career as a makeup man in the film industry. He was a personal makeup man for Rebel star Krishnam raju, Vijaya Shanti. The noted film producer A.M. Rathnam was his student who later on became a make up man and then a producer.

He was the one who introduced comedian Brahmanandam to the Telugu film world through Jandhyala. He was the one who gave a break to Vijay C Kumar (cinematographer) who is famous for films Ammoru, Godavari, Happy days etc.