You are here: Home >> English News & Features >> BUSINESS & ECONOMY

No rich relative? Here’s how you can raise funds

DNMUM405041 | 1/9/2018 | Author : Kumar Shankar Roy | WC :709

Personal Finance

A wealthy industrialist’s struggling business recently received a bailout from his elder brother. The massive relief for the younger brother came at a time when his company was saddled with a mountain of loans and was facing possible bankruptcy proceedings. This is all fine, but the harsh truth is that most of us don’t have such a benevolent and rich relatives who will rescue us from financial crisis. If you are in a loan trap or require money urgently, who do you turn to? The answer to your problem depends on the nature of your requirement, whether you can pledge any asset as security, digital savviness and a host of other things. DNA Money tells you what are the options for the common man. Use assets to raise funds: All of us have
Read full story


Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on BUSINESS & ECONOMY

A jazzy old soul
DNMUM412679 | 4/22/2018 12:00:00 AM | Author : Yoshita Rao | WC :472

When you enter the Pera Palace, set in the heart of the city of minarets – Istanbul – and push through a wooden turnstile door, you are greeted by the old-world charm of century-old chandeliers, high arching domes and gilded mirrors. If you’re l

Add To LightboxCalculate Price

MPC dilemma: To hike interest rate or not
DNMUM412476 | 4/20/2018 12:00:00 AM | Author : Edit | WC :207

Reserve Bank of India (RBI) deputy governor, Viral Acharya’s insistence that he is likely to shift decisively to vote for a “beginning of withdrawal of accommodation” in the next Monetary Policy Committee (MPC) meet on June 5 and 6 has flagged worrie
Add To LightboxCalculate Price

NuMetal, LNM back in fray for Essar Steel?
DNMUM412477 | 4/20/2018 12:00:00 AM | Author : Praveena Sharma | WC :435

New Delhi: The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Thursday put the ball back in the committee of creditors’ (CoC) court by ordering it and the resolution professional (RP) of Essar Steel to re-examine the eligibility of th
Add To LightboxCalculate Price

Currency crunch eases as over 86% ATMs spew cash
DNMUM412478 | 4/20/2018 12:00:00 AM | Author : Anjul Tomar | WC :402

New Delhi: Amid reports of ATMs running dry in some states, the finance Ministry on Thursday claimed that 86% of ATMs in the country are dispensing cash, except in a few states.
Till Tuesday, only 62% of the country’s 2.2 lakh ATMs were dispensi
Add To LightboxCalculate Price