Malaika Arora and Arjun Kapoor's multiple appearances together about town have set tongues wagging. Giving it all a break, the rumoured couple arrived in separate cars for Karan Johar's Diwali bash. Malaika accompanied her sister Amrita Arora and her husband Shakeel Ladak for the event while Arjun came with uncle Sanjay Kapoor and sister Anshula Kapoor.

Living upto her hot n' happening image, Malaika looked smokin' hot in a bright yellow saree.

Arjun played safe with a blue ethnic outfit

Our cameras also caught actress Raveena Tandon entering the venue with her husband Anil Thadani.