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Indian airline Akasa Air plans to list on the stock exchange by the end of the decade, according to CEO Vinay Dube. The airline, which currently operates domestic flights to 16 destinations, plans to expand internationally by the end of the fiscal year and has placed an order for 76 Boeing 737 MAX aircraft. Dube stated that the company is generating free cash from operations and is well-funded for the new aircraft order.

In the recent MPC meeting, member Ashima Goyal said a sudden rise in Indian household debt could be a concern, as per the minutes of the meeting released on Friday. "Prudential tightening, such as raising LTV ratios or risk weights, would be preferable to raising policy rates ... After the firm lending-based NPAs, most banks are trying to increase retail loans. These are secured or based on cash or salary flows. But it will help make sure lending continues to be risk-based and internal assessments are robust," Goyal said.

​ET analysed the median salaries for male and female employees disclosed by Nifty50 constituent companies. Of the 50 companies, 43 disclosed this data in their FY23 annual reports. The median male salaries were higher than median female salaries in 31 of these companies. The median female salaries were, on average, 9.2% lower than the median male salaries.

While the central bank has not yet sent any specific queries or sought new disclosures from other banks, bankers expect that the RBI will henceforth scrutinise digital data more closely and not take anything at face value. "So far the RBI used to take updates and data on the progress of digital channels from banks at face value, but going forward we expect more scrutiny and comments from the RBI on this," the digital head of a private sector bank said.

​Bank CEOs are tapping top legal minds, alerting their compliance teams, and discussing with each other to spot the pitfalls of the Digital Personal Data Protection Act (DPDPA) - a statute under which hundreds of crores of fines can be imposed on organisations for breaches. The law that came into existence this year lays down that data can be collected only to the extent it is required, used only for the purpose for which it is taken and cannot be held on to beyond a point.

​They caution if this support is breached, there is a likelihood that the index could further decline towards the range of 19,000 to 18,900 in the coming weeks. Analysts suggest traders may want to explore potential opportunities in Reliance, HDFC Bank, IndusInd Bank, and Sun Pharma.

With the proposed road map by the Delhi government mandating a phased shift of all cab aggregators and delivery vehicles, to electric by 2030 seen impacting Indraprastha Gas (IGL), analysts are expecting its shares to continue underperforming in the near term. The company derives over 70% of its revenues from compressed natural gas (CNG).

For a sample of 219 companies, aggregate net profit grew 29.8% year-on-year in the September quarter, the most in six quarters. Revenue rose at a four-quarter high of 18%. Revenue and net profit had grown 20.6% and 7.5%, respectively, in the year-ago quarter.

Foreign portfolio investors were net buyers at Rs 456 crore on Friday. DIIs bought shares worth Rs 8 crore.