Hemant Karkare, Maharashta Police’s Anti-Terrorism Squad chief, who was probing the Malegaon blast case was among 11officials killed on Wednesday night in encounters with terrorists who struck late at night in India's financial nucleus.

Karkare, 54, was leading an operation at hotel Taj against terrorists who had taken 15 people, including seven foreigners, as hostages when he was shot by terrorists.

Banks have agreed to extend financial help to small and medium enterprises (SME) and exporters in the wake of tight liquidity conditions, following the international credit crunch. The Indian Bank’s Association (IBA) discussed the problems of SMEs and hinted to increase the credit limit and ease loan repayment norms without any penalty. 

The SMEs and export organizations demanded increase in lending limit from Rs 75 crore against stocks of Rs 100 crore to Rs 85 crore against the inventory. The members of SMEs said that the customers are not repaying them as per stipulated conditions and hence the repayments are getting delayed.

The chief election commission of India has served a notice to union petroleum minister Murli Deora for his alleged announcement on fuel price reduction.

Mr. Deora had announced price reduction in line with falling international prices of crude oil, after completion of the ongoing election process and opposition parties, especially, BJP, objected to the comments of the Union Minister. It filed a complaint against him before the election commission. Now, the EC has asked the union minister to file his reply by November 27 on his comments regarding price cut.

The Hubble Space Telescope has just offered a better view of our Milky Way Galaxy's most massive stars. The image shows a pair of colossal stars, WR 25 and Tr16-244, located within the open cluster Trumpler 16. This cluster is embedded within the Carina

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.