KunjanPSD

Incorrect. If you today, all of the large pharma companies demerge their India business, the standalone value will be higher than the current entity. It's entirely upto the company in question. For Borosil, it's a mauka for the people who wanted the good part only and believe in its growth.

Because from today, you are only Borosil consumer business. Not Borosil Consumer + Borosil Scientific (the good part). Borosil Scientific will list separately and you will be assigned 3 shares of BS for every 4 shares you help of Borosil limited. So given that the underlying company changed, retails sold it and it crashed, it will settle down to what market considers a fair value. Obviously, punters who bought it just to get demerger shares, would have sold it as well.

At 480ish, the price was already baked in, I am holding for now. But not expecting much gains, can sell the consumer biz, hardly single digit return on capital.

There are tiers, basic one won't get you much. You will have to keep (I think 50kish) a certain amount to have the higher tier which comes with unlimited no forex spends. Works good as you can always take the money out after your travel. Otherwise, get Scapia. It's a CC, most likely you should get it. No forex, but you won't be able to withdraw cash. It's issued by Federal bank, just like Fi, will work fine.

I was talking about reward points, apologies for the confusion.

Fake item problem is there but on the cost part, one can pay minimum by HDFC CC to get 5k off and rest via Apay/ASV vouchers.

Also, with RBI changing risk factor for credit, expect lower CL enhancements and offers for a bit.

All of it can be done over mail if you have a banking relationship with them. I have always done it over the mail. Also, more usage won't necessarily increase your limit, if your card has been dormant but they see increased balance and inflow to your account, you will be shown a carrot with higher CL.

Send payslips to Grievance and ask them to evaluate. If you a bank account and decent RM, ask them.

Got it. Infinia is better.

In.

@Bird Bird Bird Isn't it 5% + 5% on Croma if you buy via Neu App using Neu Infinity? Shouldn't it cost 64710?

Yesterday, Amazon & RD were selling these for 75900 with further 5k off on HDFC. It's the same deal. Comes & goes. P.S. It's still live on Amazon & RD

I don't think the focus of the conversation was bottom of the barrel lounges. Scapia or any other LTF/entry level card is not going to provide access to any of the decent lounges. A lounge which caters to such cards will become a langar. The whole point was about going up the card ladder so that you can get Premium CCs which provide better rewards and benefits. Premium Lounge access was just one of the benefits (with Priority Pass) ex: Dubai, BKK etc. So many people on IVG have posted about their international travels recently, it's not uncommon. If something has to be judged by the worst case scenario of one benefit, might as well give up all of your Credit cards or just pay up for the business class.

@CardsCrusader Yaar kuch kro inn logo ka

Tell me, how long do you expect it to last? Do you seriously think that at 5k billing, Scapia is able to afford unlimited lounge visits? (around 300-500 bucks billed to the bank/visit) Once they hit critical mass, you will see the cutbacks. Just like Niyo, just like Fi, they are burning to gain users. The point of going up the HDFC ladder is to progress towards higher end cards like DCB and Infinia. If you don't do that you won't have anything left when cutbacks come. There are other cards in the market as well but they have gone through severe devaluations, HDFC always wins in the long term.

Have to check DHRP. There can be proportionate allotment in SHNI as well but there will be cases where oversubscription has happened even at 10L. So let's say in this case, everyone below 10L won't get anything.

In case of non-retail applications, allotment is not via lottery. It is in proportion to the amount blocked. Ex: If an IPO is oversubscribed 100x and an investor has applied for 100 lots, then the user will get 1 lot. Generally, these HNI players take short term loan from NBFCs to apply in IPO, pay interest of 6-7% or something and then make it all back by selling the allotment. Obviously, this is a gamble as well because HNI bids cannot be changed so one has to wait till the last moment to check and project potential oversubscription and apply for an amount which will give profit over and above the interest they have paid to the NBFC. If the IPO does not do well, interest won't be covered. If the investor does not apply for enough lots, then they will not get enough allotment,

Yeah galat forum aa gye ho aap. Raasta bhool gye.

People who travel business class via their employer have no say.

You'll will never be able to move up the HDFC cards ladder then. It's a move which you have to make to get better cards.

With RG, you can move your points to more airlines. Other than that, HDFC is trying to move everyone to paid cards, almost everyone got LTF RG to paid DCB and LTF DCB to paid Infinia. That's how you move up the ladder.

Nope. Even if you have imperia but no spends on CC and CL, you won't get it. But let's say you have the lowest account but with 10L CL and 7L spends, you will get Infinia.

Get it if you anyway mantain the balance. There is no harm.

Does anyone over here hold an Axis Reserve with a spare Airport Drop off for this calendar year?