The Union Budget 2010-11 spells good news for the media and entertainment sector. Accredited new agencies in the country have been exempted from service tax. More: Media, entertainment industries have much to cheer (Express India)

JEDDAH – Although the mortgage industry in Saudi Arabia is nascent and a mortgage law has yet to be enacted, the Kingdom has historically maintained successful financial industry regulation and economic policies, according to a report by Capitas Group International, or CGI, a specialist in Shariah-compliant mortgage finance. Go here to see the original: Business : Saudi Mortgage Finance Law...

VMware Inc. will acquire part of EMC Corp.’s Ionix information technology management business for $200 million in cash. Under the terms of the deal, EMC will retain the Ionix brand and full reseller rights. Continued here: VMWare buys EMC IT management business for $200M (AP via Yahoo! Finance)

Summary Box: Administration, lawmakers at odds over $30 billion small-business lending fund Small business – Business – Small Business Administration – Barack Obama – Financial services Excerpt from: Summary Box: At Odds Over Small Business Fund (ABC News)

VMware Inc. will acquire part of EMC Corp.’s Ionix information technology management business for $200 million in cash. See the article here: VMWare buys EMC IT management business for $200M (AP via Yahoo! News)

Shamu is big business at SeaWorld, which owns more killer whales than anyone else in the world and builds the orca image into its multimillion-dollar brand, and the killing of a trainer this week won’t change that. Read the rest here: Shows to go on at SeaWorld, king of orca business (AP via Yahoo! News)