Bajaj Finance recommends dividend Of Rs 12 per share The board of Bajaj Finance in its meeting on 16 May 2012 has recommended dividend at the rate of Rs 12 per equity share of face value of Rs 10 each. The board has appointed Omkar Goswami as additional director of the company. Further, the board has approved proposal for fund raising through a rights issue and/ or, subject to approval of the shareholders of the company and subject to applicable laws, issue of equity shares and / or convertible/ non-convertible securities by way of private placement, public offering, or otherwise up to an aggregate amount of Rs 750 crore.

Empee Sugars & Chemicals appoints vice chairperson With effect from 14 May 2012 Empee Sugars & Chemicals has announced that Nisha Purushothaman, director has been appointed as vice chairperson of the company by the board of directors with effect from 14 May 2012.

Ferro Alloys Corporation's director resigns With effect from 11 May 2012 Ferro Alloys Corporation has announced that, due to compelling professional schedule, Harish Salve has tendered his resignation from the position of director on the board of the company on 11 May 2012. Hence, he ceases to be a director of the company.

First Leasing Company of India to announce financial results Board meeting on 28 May 2012 The board meeting of First Leasing Company of India will be held on 28 May 2012 to consider and approve the audited financial results for the year ended 31 March 2012 and to recommend dividend.

CMI FPE to announce financial results Board meeting on 29 May 2012 The board meeting of CMI FPE will be held on 29 May 2012 to consider and approve the audited financial results for the year ended 31 March 2012 and to recommended dividend, if any.

Godfrey Phillips India to announce financial results Board meeting on 29 May 2012 The board meeting of Godfrey Phillips India will be held on 29 May 2012 to consider and approve the audited statements of account for the year ended 31 March 2012 and to consider recommendation of dividend, if any.

Gujarat Fluorochemicals to announce financial results Board meeting on 25 May 2012 The board meeting of Gujarat Fluorochemicals will be held on 25 May 2012 to consider and approve the audited financial results for the year ended 31 March 2012 and to recommend final dividend, if any.

Himadri Chemicals & Industries recommends dividend Of 10% The board of Himadri Chemicals & Industries in its meeting on 15 May 2012 has recommended dividend at the rate of Re 0.10 per equity share of Re 1 each (10%).

Lupin launches generic combivir tablets Lupin has announced that its subsidiary, Lupin Pharmaceuticals Inc. has received final approval for its Lamivudine and Zidovudine tablets, 150 mg/ 300 mg from the United States Food and Drugs Administration (FDA). Lupin has already commenced shipping the product.

Piramal Healthcare to acquire Decision Resources Group Piramal Healthcare has agreed to acquire Decision Resources Group a US based company in the healthcare information segment, for a consideration of approximately US$ 635 million.