Investors return to Gold ETFs with no sovereign bonds in sight

Investors are increasingly turning to gold ETFs due to favorable tax changes, reduced customs duty, and the absence of new Sovereign Gold Bonds. Over the past four months, gold ETFs have seen significant inflows, driven by these factors and geopolitical uncertainties that are expected to keep gold prices strong.

Protesting Sebi employees yet to reach accord with management

Sebi employees and its chief Madhabi Puri Buch remain at odds over HR issues, despite recent negotiations. Around three-fourths of Sebi’s officers oppose a September 4 statement blaming external elements for staff complaints. Employees have staged silent protests, while Buch has not directly engaged in the talks.

Big bettors toss tough questions at WazirX amid legal tangles

Big bettors are questioning WazirX, the cryptocurrency exchange facing insolvency in Singapore after a major crypto heist. Two large investors, Bitcipher Labs and NextGenDev, are uncertain why they are listed as creditors of Zettai, a Singapore company, when their dealings were with Indian entity Zanmai.

Godrej Capital readies plan for a D-Street debut

Godrej Capital, part of Godrej Industries Group, plans an IPO in the next two to three years. The company aims to raise ₹500 crore-₹1,000 crore from its parent for lending. With a goal of reaching ₹50,000 crore AUM by FY28, it currently has ₹10,500 crore AUM and focuses on MSME and housing sectors.