Infosys, India's second biggest software exporter is said to be globally hunting for a new CEO that is a non-founder of the company.

Facebook CEO Mark Zuckerberg faces a lot of questions during first shareholder meeting regarding slumping stock prices after the company's IPO last May.

Eighty percent of Afren's investors were angered and voted against the company's renumeration report.

The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.

Lio Energy Systems Holdings and Miles Electric Vehicle filed for Bankruptcy last May 1. Sales have been slow for the electric automobile company. The same mishap has been experienced even by industry leaders GM, Ford, Nissan, and Honda Motor Co, when despite their heavy investments still experienced slow sales from electric vehicles.

The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.

KT Capital Partners, LP and CapitalSouth Partners Fund, acquires majority of stake at CableOrganizer .com.

1.2 billion euros worth of bonds will be issued with the attempt to boost the company’s finance arm

TopSpin LBO forms GHS Interactive Security to acquire Lifeline Security and Automation. (Photo : Reuters)The image is the corporate logo of TopSpin LBO.

Alpheus Communications closes a loan facility totalling US$135 million. (Photo : Reuters)The image is the corporate logo of Alpheus Communications. The Bank Street Group was the joint lead arranger for senior secured financing worth US$135 million.