We should preface this by saying both Frieda Pinto's management team and Estee Lauder's flacks have given a resounding "no comment" regarding the rumors of a deal between the two ... which most certainly means that, yes, it is true.

Since the Slumdog Millionaire star landed in Milan for Fashion Week, the front row has been abuzz about an imminent beauty contract for the Bollywood-turned-Hollywood actress. Indeed, the good news has been coming in droves for Pinto lately. In addition to this awesome new Lauder contract, she's been tapped by famed director Woody Allen to star in his upcoming still-untitled film.