Stocks To Watch Today: Manappuram Finance, IndusInd Bank, JSW Energy, Indian Bank, Bajaj Finance

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.