India’s largest mutual fund house, SBI Funds Management Ltd (SBIFML), has received approval from the Securities and Exchange Board of India (SEBI) to launch its much-awaited initial public offering (IPO). The listing will involve a partial stake divestment by State Bank of India and its joint venture partner, France’s Amundi Asset Management, through an Offer for Sale (OFS). The move is expected to unlock significant value for shareholders, deepen public participation in India’s asset management sector, and mark one of the most anticipated financial market listings of 2025.

Tenneco Clean Air India Ltd, a subsidiary of the global automotive parts major Tenneco Inc., is set to launch its Rs. 3,600 crore initial public offering (IPO) on November 12. The offering will be a pure Offer for Sale (OFS), meaning the proceeds will go entirely to the selling shareholder, with no fresh equity issuance. The three-day subscription window will close on November 14, followed by a proposed listing on November 19. The IPO aims to broaden the company’s investor base and enhance its visibility in India’s growing automotive manufacturing ecosystem.

India’s automobile retail industry achieved a record-breaking performance in October 2025, with total vehicle sales soaring to 40.23 lakh units, a sharp 40.5% increase year-on-year. The surge, fuelled by strong festive demand, rural recovery, and recent tax reforms, marked one of the industry’s best-ever festive seasons. According to the Federation of Automobile Dealers Associations (FADA), cumulative vehicle sales over the 42-day festive window touched 52.38 lakh units, up 21% from last year.

Indian equity markets witnessed a sharp decline on Friday, with both the Sensex and Nifty tumbling as sustained foreign institutional investor (FII) outflows weighed heavily on sentiment. The benchmark Sensex plunged over 630 points to settle near 82,680, while the Nifty 50 slipped around 185 points to close at 25,325. Despite steady domestic institutional investor (DII) inflows, the exodus of foreign funds, coupled with weak global cues and profit-booking in heavyweight sectors, dampened investor confidence and sparked a broad-based selloff across the bourses.

A massive technical failure at Delhi’s Indira Gandhi International (IGI) Airport on Friday caused widespread flight delays, affecting thousands of passengers and disrupting air traffic across India’s busiest aviation hub. A malfunction in the Air Traffic Control (ATC) communication system forced controllers to switch to manual operations, slowing down flight clearances and leading to cascading delays.

In a breakthrough that deepens our understanding of galaxy behavior and interstellar dynamics, astronomers have identified a faint, previously undetected tail trailing behind the spiral galaxy M61. The discovery sheds light on the impact of environmental forces on galactic structure, particularly within dense galaxy clusters. Analysts believe this tail likely formed due to ram-pressure stripping — a process where gas is pushed out of a galaxy as it moves through hot intergalactic material.

The International Space Station (ISS), humanity’s most ambitious cooperative laboratory in orbit, is set to retire by 2030, marking the end of an unprecedented era in space collaboration and scientific advancement. With its decommissioning approaching, global space agencies and private enterprises are preparing for a new phase in low-Earth orbit operations. The transition will see commercial space stations, emerging national platforms, and advanced orbital servicing technologies take center stage.

In a notable development for Indian football, Australian forward Ryan Williams has joined the national team’s training camp, marking a collaborative step aimed at strengthening tactical preparedness and elevating competitive standards. His involvement underscores an evolving approach within Indian football, where cross-border exposure and the integration of diverse playing philosophies are increasingly prioritized. Williams, known for his pace, work ethic, and attacking versatility, brings top-tier professional experience that could influence training intensity and strategic dynamics.

Speculation around a potential high-profile Indian Premier League trade involving Chennai Super Kings’ Ravindra Jadeja and Rajasthan Royals’ Sanju Samson has stirred intense discussions in cricket circles. While both players are invaluable leaders and marquee assets for their respective franchises, reports indicate that Chennai has declined a significant request from Rajasthan, signaling reluctance to entertain a swap involving their senior all-rounder.

Indian sports witnessed contrasting emotions as prodigy D. Gukesh bowed out of the Chess World Cup while Olympian Elavenil Valarivan delivered a podium finish at the Shooting World Championships. Gukesh’s elimination, despite entering the tournament as one of the most promising young grandmasters, marks a temporary halt in his meteoric rise on the world stage. Meanwhile, Elavenil’s bronze medal in the women’s 10m air rifle event reinforces India’s emerging strength in shooting sport and boosts the nation’s confidence ahead of upcoming global competitions.