Manappuram Finance Ltd., IndusInd Bank Ltd., JSW Energy Ltd. and Indian Bank will be the stocks to watch before going into trade on Friday.
Manappuram Finance: US-based Bain Capital is set to take over a invest controlling stake in Manappuram Finance Ltd. as it will buy an 18% stake in Manappuram Finance Ltd. worth Rs 4,385 crore through a preferential allotment of shares.
IndusInd Bank: The board has engaged an independent professional firm to thoroughly investigate discrepancies in its derivative portfolio
JSW Energy: The company's finance committee approved the allotment of 80,000 non-convertible debentures worth Rs 800 crore in two tranches on a private-placement basis.
Indian Bank: The board of directors approved a proposal to raise an additional long-term infrastructure bond up to Rs 5,000 crore in one or more tranches during the current or next financial year.
Bajaj Finance: The company has appointed Rajeev Jain as the vice chairperson and Anup Kumar Saha as the managing director effective from April 1.
Zomato: The Registrar of Companies of the Ministry of Corporate Affairs has approved the change in the name of Zomato Ltd. to Eternal Ltd.
Container Corp.: The company has placed an order worth Rs 192 crore for the supply of 10 rakes of BLSS wagons with GATX India.
RailTel Corp: The company has received Rs 16.89 crore order from Defence Ministry.
The New India Assurance Co.: The company has received a Rs 125 crore penalty from the Income Tax Department.
Goa Carbon: The company has received Rs 73.70 crore Income Tax demand notice.
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