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Arsenal FC are gearing up for their first Champions League campaign in seven years, they are plagued with injuries and many players can be ruled out. It will certainly impact the team's performance and the morale of the players. To the utter dismay of Manager Mikel Arteta, Gabriel Martinelli was seen limping off inside half an hour of the victory over Everton. Arsenal will meet PSV Eindhoven on Wednesday before taking on bitter rivals Tottenham four days later.

Regal Partners’ resources royalties fund is rounding up investors for a $50 million capital raising to help bankroll two Canadian deals.

Instacart opened for trading Tuesday at $42, up 40% from their initial public offering price of $30. The performance signaled that investors are eager to take a chance on young tech companies — but only at the right price. Instacart's market capitalization, including all outstanding shares, totaled $13.9 billion. But even with the stock price pop, the company's valuation remained a far cry from the $39 billion that investors assigned it in the private market in 2021. It was a painful loss to investors who had bought in at that peak, sending a harsh reality check to other start-ups that raised money at inflated valuations.

Check out the companies making headlines in midday trading.

Overlapping risk: A wolf in sheep’s clothing When determining the investment approach for large-caps, be it active or passive, one must analyse the overlapping factor which is an unavoidable constant in the dynamic world of large- cap funds. Data suggests that 73% of the large-cap funds have 40-60% overlapping. Some overlap is a given in the large-cap world, but excessive overlap reduces all the benefits one can get from excess diversification, irrespective of whether the approach is active or passive.

After experiencing a surge during the pandemic, Pfizer (NYSE:PFE) entered a long-term downtrend in December 2021. The stock showed signs of a potential recovery in the October-December period last year. However, it struggled to fend off the persistent selling pressure, ultimately resulting in the price returning close to pre-pandemic levels.

Here is how securitization helps reduce the risk of default on loans taken by a borrower. Such loans are repackaged into interest-bearing securities and sold to investors, thus spreading the risk thin. That is also what a pass-through certificate, or PTC, does. They are a type of securitization where the investors are paid interest but the final principal depends on the repayment by the borrower. It is considered risky because investors may not get the principal in full if the borrower defaults.

MUMBAI : PSU banks have rallied sharply in the past month, culminating in volumes on the Nifty PSU Bank Index, comprising 12 lenders, hitting a record high of 1.78 billion shares on 18 September. Normally this is a sign of worry, as the index has plunged 20-25% in the near term on previous occasions after volumes peaked. But, analysts remain unfazed despite stocks like Indian Overseas Bank (IOB), UCO Bank, Punjab & Sind Bank, Central Bank of India and Bank of Maharashtra rising 25-50% in last month alone and their valuations looking stretched compared to State Bank of India (SBI), the country’s largest bank by assets.

Shaheen Shah Afridi has dismissed reports of rift between him and skipper Babar Azam through a post on social media platform X. On Tuesday, Shaheen Shah Afridi posted a photo with Babar and his father-in-law and former cricketer Shahid Afridi along with the caption: «Family» and also with a heart emoji. After Pakistan's shock exit from the Asia Cup, there were reports that a heated verbal argument erupted between Babar Azam and Shaheen Shah Afridi in the dressing room after their last-ball defeat to Sri Lanka in a low-scoring thriller in the Asia Cup.

international cricket, before holding his nerve in the final over to secure victory for Bangladesh. However, the resulting admiration that followed his performance in Asia Cup quickly turned to condemnation from women's rights activists and feminists following his misogynist social media posts about the working women came to light. "If the wife works, the husband's rights are not ensured," Tanzim posted on Facebook last year.

market capitalization—is an excellent example of it. Data published recently by the Association of Mutual Funds in India—the mutual fund lobby—tells us that the number of folios of small cap equity mutual funds (MFs) as of August had shot up to 13.85 million, a jump of a little over 27% from March. To put it another way, more than a fifth of the investment folios of small cap MFs that are currently in existence were created during this financial year.

ChatGPT and Bard captured public attention. The initial excitement has now been tempered with some scepticism about these AI tools, but there is hope that they will keep improving with newer versions.

reliance on these systems of legal ordering. As our world becomes more digital, the greater is our need to try and embed the regulations to which we are subject directly into the digital systems that enable our interactions. We can already begin to see early signs of what this might look like in the ways our stock markets and digital payments ecosystems operate, given that their digital workflows already implement underlying regulatory architectures designed to ensure the safety of participants and the certainty of their transactions.

Thailand would soon tax foreign earnings from crypto traders, a tighter measure to close the loophole, which allowed overseas income into the country tax-free.

Leading digital money project eCash (XEC) has exploded +18% over the last 48-hours, as excitement for On-Chain staking upgrade grows amongst the eCash army - but is it too late to buy eCash?

Cleveland Browns' star running back, Nick Chubb, suffered a severe knee injury during Monday's NFL game against the Pittsburgh Steelers, which ended in a 26-22 defeat for the Browns. The injury occurred early in the second quarter when Steelers safety Minkah Fitzpatrick and linebacker Cole Holcomb tackled Chubb. The impact on Chubb's left knee was so forceful that he could be heard screaming in pain on the field. Fitzpatrick had dropped his shoulder and collided with Chubb's knee, which was still planted on the turf. Fitzpatrick also required medical attention and later left the game in the second half due to a chest injury. It's worth noting that Chubb had previously injured the same knee during his college years at Georgia in 2015. Meanwhile, Browns coach Kevin Stefanski commented on the situation, stating, «Nick's got a very significant knee injury. You feel for him as a person.» Chubb has been a consistent performer, surpassing 1,000 rushing yards in each of the past four seasons, with a career-high of 1,525 rushing yards last season.

Ganesh Chaturthi, which marks the birth of Lord Ganesha. And this special occasion is being celebrated by everyone across the nation including industrialist Mukesh Ambani and Bollywood superstar Shah Rukh Khan. The festival holds special significance for the Ambani family, as this year's celebration marks the expansion of their family with the arrival of their grandchildren and the addition of their youngest son, Anant Ambani's fiancée, Radhika Merchant.

While September has been a bit sloppy so far, will further weakness in October weigh on investor sentiment before the seasonally strong period begins?

Steve Albrecht is hoping Oyo will get there soon. In an exclusive interview with ET, Steve Albrecht, a non-executive independent director on Oyo's board said in terms of corporate governance, the company is at a 'very professional' level at this point and cost controls are better than ever.

drones and textiles sectors to encourage investment and boost manufacturing, an official said. These sectors have been identified after inter-ministerial consultations on the performance of the scheme for various products. The official also said that disbursement of production-linked incentives (PLI) for white goods (AC and LED lights) would start this month and that would push the amount of disbursement, which was only Rs 2,900 crore till March 2023. The scheme was announced in 2021 for 14 sectors such as telecommunications, white goods, textiles, manufacturing of medical devices, automobiles, speciality steel, food products, high-efficiency solar PV modules, advanced chemistry cell battery, drones and pharma with an outlay of Rs 1.97 lakh crore. «We have identified the sectors.

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