Latest news with #Talreja


Time of India
6 days ago
- Business
- Time of India
Rs 2 lakh worth earning from credit card reward points, here's how a techie working in Pune did it using these HDFC Bank credit cards
HDFC BizBlack reward points strategy Let's start with BizBlack. This is a hidden weapon for freelancers, consultants & business owners. Why? Because it gives 5X points on tax & utility payments, including GST and advance tax and each point is worth Rs 1! GST & Tax Payments Strategy I paid my GST & advance tax using Bizblack BizBlack gives 5X points on these Monthly cap: 7,500 bonus points Annual = 90,000 bonus points + base points Academy Empower your mind, elevate your skills Base earn rate: 5 RPs per Rs 150 5X means: 25 RPs per Rs 150 (including base) Max bonus: 7,500/month = 90,000/year With base points: ~1,00,000+ points/year Value: Rs 1 = Rs 1,00,000 saved or earned. HDFC Infinia credit card strategy Talreja says: Let's talk about the beast --HDFC Infinia. Infinia is not just a premium lifestyle card, it's a reward-generating machine when you use it strategically with SmartBuy + GYFTR vouchers SmartBuy + GYFTR = My Power Combo Myntra vouchers (5X points) -Especially during Gold coin deals (8% off) Pharmeasy vouchers (10X points) - For baby essentials Blinkit/Swiggy Instamart vouchers (5X points) -For groceries All bought via SmartBuy, giving huge bonus points. Why Myntra was a double win I bought Myntra vouchers via SmartBuy (5X points) Used vouchers for gold coin purchases Earned points + got coins at discount = Investment + Rewards Infinia Point Mechanics Base rate: 5 points per Rs 150 SmartBuy boost: Up to 10X (50 points per ₹150) Monthly cap: 15,000 bonus points Redemption value: ₹1 per point (flights/hotels via SmartBuy) Yearly reward: 1,00,000 points = Rs 1,00,000 value Key lessons Use BizBlack for all tax payments Use Infinia for all expenses via GYFTR vouchers Hit monthly bonus caps only when you have expenses Track your usage. Points = money. Don't just swipe cards - strategize them Vouchers may feel boring, but they multiply rewards Even tax can be rewarding with the right credit card This is how rich people use credit cards Suraj Kumar Talreja, an data analyst who previously work at Standard Chartered Bank and is currently with V Square Systems in Pune, shared his journey of earning Rs 2 lakh in reward points from his HDFC BizBlack and Infinia credit cards over the past year. According to HDFC Bank website as of August 7, 2025, "1 Reward Point = Upto 1 Re".Talreja posted on X (formerly Twitter) on August 6, 2025: 'Here's how I earned 2,00,000 reward points in just 1 year worth a whopping Rs 2,00,000 using my HDFC BizBlack & Infinia cards. No overspending. Just smart planning. Here's a thread for anyone who wants to truly master credit cards.'Speaking exclusively to ET Wealth Online, Talreja said: "Credit cards are not for spending more; they're for earning more on what you already spend."Talreja said:That's over Rs 1,00,000 in reward value just for paying taxes you'd pay explains how he earned another 1,00,000 pointsI used Infinia for:Taleja explains: Recently, Myntra had 8% off on Gold CoinsTalreja says: 'This is next-level credit card usage'Talreja says: 'Without overspending. Just smart optimization.'Talreja says:


Economic Times
6 days ago
- Business
- Economic Times
Rs 2 lakh worth earning from credit card reward points, here's how a techie working in Pune did it using these HDFC Bank credit cards
ET Online Pune techie shares his strategy by which he earned Rs 2 lakh worth of credit card points using two HDFC Bank credit cards Suraj Kumar Talreja, an data analyst who previously work at Standard Chartered Bank and is currently with V Square Systems in Pune, shared his journey of earning Rs 2 lakh in reward points from his HDFC BizBlack and Infinia credit cards over the past year. According to HDFC Bank website as of August 7, 2025, "1 Reward Point = Upto 1 Re". Talreja posted on X (formerly Twitter) on August 6, 2025: 'Here's how I earned 2,00,000 reward points in just 1 year worth a whopping Rs 2,00,000 using my HDFC BizBlack & Infinia cards. No overspending. Just smart planning. Here's a thread for anyone who wants to truly master credit cards.' Speaking exclusively to ET Wealth Online , Talreja said: "Credit cards are not for spending more; they're for earning more on what you already spend." HDFC BizBlack reward points strategy Talreja said: Let's start with BizBlack. This is a hidden weapon for freelancers, consultants & business owners. Why? Because it gives 5X points on tax & utility payments, including GST and advance tax and each point is worth Rs 1! GST & Tax Payments Strategy I paid my GST & advance tax using Bizblack BizBlack gives 5X points on these Monthly cap: 7,500 bonus points Annual = 90,000 bonus points + base points That's over Rs 1,00,000 in reward value just for paying taxes you'd pay anyway. Point Calculation for HDFC Bank BizBlack credit card Base earn rate: 5 RPs per Rs 150 5X means: 25 RPs per Rs 150 (including base) Max bonus: 7,500/month = 90,000/year With base points: ~1,00,000+ points/year Value: Rs 1 = Rs 1,00,000 saved or earned. HDFC Infinia credit card strategy Talreja says: Let's talk about the beast --HDFC Infinia. Infinia is not just a premium lifestyle card, it's a reward-generating machine when you use it strategically with SmartBuy + GYFTR vouchers Taleja explains how he earned another 1,00,000 points SmartBuy + GYFTR = My Power Combo I used Infinia for: Myntra vouchers (5X points) -Especially during Gold coin deals (8% off) Pharmeasy vouchers (10X points) - For baby essentials Blinkit/Swiggy Instamart vouchers (5X points) -For groceries All bought via SmartBuy, giving huge bonus points. Why Myntra was a double win Taleja explains: Recently, Myntra had 8% off on Gold Coins I bought Myntra vouchers via SmartBuy (5X points) Used vouchers for gold coin purchases Earned points + got coins at discount = Investment + Rewards Talreja says: 'This is next-level credit card usage' Infinia Point Mechanics Base rate: 5 points per Rs 150 SmartBuy boost: Up to 10X (50 points per ₹150) Monthly cap: 15,000 bonus points Redemption value: ₹1 per point (flights/hotels via SmartBuy) Yearly reward: 1,00,000 points = Rs 1,00,000 value Talreja says: 'Without overspending. Just smart optimization.' Key lessons Talreja says: Use BizBlack for all tax payments Use Infinia for all expenses via GYFTR vouchers Hit monthly bonus caps only when you have expenses Track your usage. Points = money. Don't just swipe cards - strategize them Vouchers may feel boring, but they multiply rewards Even tax can be rewarding with the right credit card This is how rich people use credit cards


News18
20-06-2025
- Business
- News18
Why Are Companies Quietly Retiring Staff In Their 40s? Business Coach Explains
Last Updated: A business coach has warned that companies increasingly view older employees not as valuable team members, but as a burden. If you're in your early 40s and working a corporate job, it's time to pay close attention. Many big companies in India are quietly redefining retirement, not at 60, but as early as 42 to 45. Business coach Rajiv Talreja warns that organisations increasingly view older employees not as assets, but as 'payroll cholesterol." With the rise of AI and evolving business models, jobs across all levels are being rapidly replaced. Talreja warns that if you don't have other sources of income, such as investments or rental properties, the early exit could put your family's financial future at risk. Getting a sudden job cut in your 40s can lead to an unexpected and unpaid retirement. Taking to X (formerly Twitter), the entrepreneur wrote, 'The retirement age in large corporates is not 60, it is between 42 to 45. Companies are laying off people in this age bracket because they are what the Finance team calls Payroll cholesterol. So if you are in a Corporate job and you don't have a portfolio of investments or a commercial property giving you a decent rental income or the idea and skills to start your own business, your family is at a massive risk, my friend." The retirement age in large corporates is not 60… it is between 42 to 45… Companies are laying off people in this age bracket because they are what the Finance team calls Payroll cholesterol… so if you are in a Corporate job and you don't have a portfolio of investments or a…— Rajiv Talreja (@rajivtalreja) June 19, 2025 Reacting to the post, a user wrote, 'At 45, when people come to realise this, they have lost time, stamina to learn other ways to make money. They end up starting a business as they don't have employment and fail. Hard truth in life." 'I strongly believe that one needs to start a side hustle very early in their career and move to it full time as soon as possible. That is the only way to avoid this looming risk," a comment read. An individual stated, 'The scenario has turned worse post-COVID. Organisations can find people in mid 30s who can do the same stuff for half of the salary and can work more. Indian corporate is doomed with politics and slave forming juggernaut." One more added, 'In Europe and the US, people can work as long as they want, because of their experience, expertise and ability to lead in business situations. Companies there are reluctant to let go of people with experience." Rajiv Talreja isn't alone in sounding the alarm. Saurabh Mukherjea, founder of Marcellus Investment Managers, has echoed similar concerns. He pointed out that across many industries, companies are increasingly relying on machines and software to cut costs. As a result, he believes that a full-time job may no longer be the most viable path for smart, hardworking professionals in the evolving job landscape. First Published:


Mint
06-05-2025
- Business
- Mint
Ex-Temasek India Executives Target $400 Million for Fund Debut
(Bloomberg) -- Padmanabh Sinha and Vibhor Kumar Talreja, who worked together at Temasek Holdings Pte more than a decade ago, have teamed up to start LaunchBay Capital, an India-focused growth equity firm. LaunchBay is targeting to raise $400 million from international and domestic institutional investors, including about $100 million to $150 million for co-investment capital, Sinha said. Sinha left National Investment and Infrastructure Fund Ltd. in April after serving as chief investment officer for private equity for nearly four years, according to his LinkedIn profile. Previously he was a managing partner at Tata Opportunities Fund, the private equity platform at the Tata Group conglomerate. Before that, Sinha was a managing director and co-led the India business at Temasek. Talreja was most recently the co-chief investment officer at Eversource, a climate investment firm backed by UK-based Lightsource BP and Everstone Capital. He will join LaunchBay as a co-founder in August. Sinha and Talreja worked together at Temasek for nearly four years from 2007 through 2011, where they teamed up on several deals. Talreja spent more than 12 years until 2019. The fund will take minority stakes of between $25 million and $50 million in eight to 10 companies across sectors that include health care and consumer, Sinha said. India remained a bright spot in Asia in terms of dealmaking last year, according to a Bain & Co. report. The country was the region's largest exit market and the initial public offerings exit value increased 78% year-on-year in 2024. Fundraising continues to be challenging for private equity firms, even though India-focused funds increased their share to 10% in 2024 from 7% in 2019, the Bain report said. More stories like this are available on First Published: 6 May 2025, 01:08 PM IST


Express Tribune
12-04-2025
- Business
- Express Tribune
SNGPL to slash supply to captives
Listen to article Sui Northern Gas Pipelines Limited (SNGPL) has cautioned about a significant shakeup in Pakistan's energy landscape, projecting the suspension of 354 million cubic feet per day (mmcfd) of natural gas purchases from local exploration and production (E&P) companies amid surplus re-gasified liquefied natural gas (RLNG) and a government-driven transition of captive power units to the national grid. In its submission to the Oil and Gas Regulatory Authority (Ogra), the company has proposed a sharp 40-42% hike in gas tariffs from July 2025 to recover a projected revenue shortfall of Rs207 billion. The lower revenue stems from reduced sales to high-paying captive power consumers and the inclusion of a contested Rs96 billion in late payment surcharge. According to an SNGPL petition submitted to Ogra titled "Determination of estimated revenue requirement 2025-26", a 40-42% hike in gas prices from July 2025 is aimed at covering the shortfall of Rs207 billion arising mainly due to revenue loss expected from the diversion of gas supplies from captives to domestic consumers owing to excess RLNG following the government's plans to shift captives to the grid and inclusion of Rs96 billion in late payment surcharge. SNGPL now expects diversion of 242 mmcfd of RLNG to domestic consumers in FY26 compared to the 164 mmcfd approved by Ogra for FY25, said Topline Research Director Research Shankar Talreja. "We estimate that an additional 78 mmcfd of RLNG diversion to domestic consumers will result in an incremental shortfall of Rs70 billion as the average price of Rs1,000/mmBtu (million British thermal units) for domestic consumers is lower than the captive rate of Rs3,500/mmBtu," he said. SNGPL has incorporated Rs96 billion for FY26 on account of late payment surcharge as per regular practice into the estimated revenue requirement (ERR). However, Ogra generally turns down this demand. Excluding this, the price hike requirement will halve to 19-20% from the proposed 40-42%. That said, Talreja believes, the proposed increase will not be entertained and it will be revised down. Under the changing scenario, the public gas utility projects suspension of 354 mmcfd of natural gas purchases from local E&P companies. For FY25, it anticipated suspension of 86 mmcfd of purchases. If natural gas buying from E&P companies is curtailed, this will also impact crude oil output due to their parallel production (called associated gas fields). Any significant fall in oil and gas production will have a negative impact on Pakistan's gross domestic product (GDP) growth as mining and quarrying (oil, gas and coal) has a weight of 9%. "Furthermore, E&P companies' earnings will also be affected," Talreja said. Owing mainly to a drop in the cost of debt (Karachi Inter-bank Offered Rate – Kibor), the required return for the company on the operating fixed assets is now projected at 23.39%. SNGPL has proposed average fixed assets of Rs124 billion for FY26 compared to Rs109 billion allowed by Ogra in FY25, reflecting a net increase of Rs15 billion. Unaccounted-for-gas (UFG) is projected at 7.25%, he said. This is an ERR submission and will be followed by a couple of reviews; "the actual UFG differs from the one initially given in the ERR."