Biggest Business battles of 2012

4. Ministry of External Affairs gift scandal

The protocol division was asked for a Central Bureau of Investigation (CBI) check out by Ministry of external affairs after suspected irregularity in the attainment of gifts. MEA charged the protocol department of buying sub standard gifts at low costs which are to be presented to higher officials, prime ministers and presidents of other countries.

The Right to Information Act (RTI) unfolded that MEA wanted CBI to a detailed investigation. However, MEA did not disclose all the documents stating that it might effect the investigation. The investigation took many high officials in the protocol division of the MEA into suspicion.

More: 10 Best Business Apps of 2012

5. Apple Vs Samsung

If you often get into an argument comparing which one is batter, apple i phone or the Samsung Galaxy Smartphone, ask the phone companies it self. It started from a 2011 meeting where Apple founder Steve Jobs accused Samsung executives for copying few apple i phone features. Apple also took legal action against Samsung involving patent encroachment.

The U.S. jury verdict in 2012 favored Apple and ordered Samsung to pay $1.05 billion to Apple as damages. And the battle doesn’t seem to wind up. To an existing lawsuit against Samsung Apple added the Android 4.1 Jelly Bean operating system to the list.

Also Read: Business Events Which Made Headlines In 2012