Briefly Business: Vietnam seeks $100 million from India

Merkel,Monti: Will do all to protect euro zone

berlin: German chancellor Angela Merkel and Italy’s premier Mario Monti have pledged to do everything to protect the euro zone,adding to a string of assurances over recent days that Europe is determined to get a grip on the continent’s debt crisis.

Intel agencies probe for black money

new Delhi: Over 1,100 financial transactions of firms and individuals during the last fiscal are under the scanner of intelligence agencies for alleged money laundering and black money deals.

Over R2,400 cr lying in inoperative bank a/c

new Delhi: More than Rs 2,400 crore is lying as unclaimed deposits in the over one crore bank accounts across the country,RBI has said in an RTI reply.

Wal-Mart lobbying hard to enter India

Washington: Amid growing political opposition in India for easing FDI norms in retail,US-based firms like Wal-Mart and Prudential Financial are lobbying hard with lawmakers to garner support for their expansion plans.

GAAR proposals too vague: US companies

New delhi: US Council For International Business has written to the finance ministry expressing their concern over GAAR,saying that the proposed regulations are “too vague” to comfort investors.

Apple,Samsung faceoff in court today

san francisco: Two tech titans are squaring off in federal court on Monday in a trial over control of the US smartphone and tablet markets.