Hell friends,

Here is finally the solution for the transparent images in the background issue. The issue can be solved using IE’s AlplaImageLoader filter. The very basic code for the thing is shown below

<style type="text/css">
<!--
#transparent_div {
width:600px;
height:400px;
background-image: url(images/transparent_png.png);
background-repeat: repeat-y;
}
*html #transparent_div { background-image: none; filter: progid:DXImageTransform.Microsoft.AlphaImageLoader( src=images/transparent_png.png,sizingMethod='scale'); }
</style>
<div id="transprent_div">TRANSPARENT BACKGROUND LAYER</div>