DLF Assets (DAL), promoted by K P Singh will raise USD 450 million from private equity investors by December for part payment to another promoter group firm DLF Ltd.

DLF Assets Ltd has been established to acquire commercial projects of DLF, the country's largest realty firm.

DAL owes Rs 4,804 crore to DLF as on September 30 and was targeting capital raising to the tune of USD 400–500 million. The DAL PE deal, in which JP Morgan and Texas Pacific will together put in USD 200 million, is likely to be signed in the next few days.

Here’s a sad news for the fans of the Perfectionist Khan aka Aamir Khan.

Veteran writer Shakuntala Devi has created a sensation by saying that the movie ‘Taare Zameen Par’ is a scene-by-scene copy of his novel ‘In the Wonderland Of Numbers’.

The 69 year writer claims that her book talks about a nine year old girl suffering from dyslexia much like the character of Ishaan Awasthi played by Darsheel Safary.

According to Shakuntala, some of the sequences in the movie have been copied chapter by chapter from her book.

In a shocking development, India’s first unmanned lunar craft, Chandrayaan-1 has reportedly encountered an unexplained rise in temperature.

There has been a small rise in the temperature on the atmosphere of Moon. However, scientists at ISRO did not expect it to influence the spacecraft in any way. According to the officials at ISRO, rise in the temperature is a normal phenomenon since it was still a summer time on Moon. They feel that the temperature would back to normal by December.

The Food and Drug Administration (FDA) confirmed the presence of 'trace amounts' of melamine in a US-manufactured infant formula. The toxic chemical has sickened tens of thousands of infants in China, and killed four - the faked formula having large amounts of melamine added to watered-down milk, to make it appear to have appropriate protein content.

The trace amounts of melamine and its by-product, cyanuric acid, were found in formula from Abbott Laboratories, Nestle and Mead Johnson, which together make more than 90% of all infant formula produced in the United States.

A blazing fourth-wicket partnership of 83 runs between Abdul Razzaq and Rana Naved-ul Hassan, powered ICL Pakistan to a compelling six-wicket win in their do-or-die league match of the 20s World series.

Some great hittings by Razzaq (73 n.o. off 45) and Rana Naved (74 off 38) saw Pakistan through with 13 balls to spare after World XI had piled up a huge 188 for three in their alloted 20 overs.

Edimax Technology, top maker of networking solutions, announced the immediate availability of its Wireless USB Adaptor with 3 DBI Antenna EW-7711U. EW-7711U is a high-gain wireless USB adaptor, which provides a simple and easy way to add or upgrade wireless connectivity to your PC.

This nLITE high-gain USB adaptor backs up data rate up to incredible high-speed wireless network access and reduces the use of repeters at home.