Since a lot of IT firms did not give hikes last year, employers are now taking steps to incentivise people to retain employees. Illustration: Dominic Xavier/ Rediff.com Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant — which had an attrition rate of 19 per cent in the December quarter — has established a $30-million employee retention fund in order to bring down the high attrition rate. This fund will be used to hold back top performers, especially the digitally skilled employees, according to media reports. Similarly, HCL had announced a one-time special bonus of $90 million earlier this month to employees around the world as it crossed the … [Read more...] about India Inc opens up purse for employee retention
'I have 20 lakhs to invest with not a very long term horizon, may be an year or so. Please suggest 10-12 stocks to invest in' Illustration: Dominic Xavier/ Rediff.com Ajit Mishra , vice president, Research, Religare Broking, answers your queries: K C Katna : I am holding following stocks. Should I continue or exit. Ajit Mishra : [email protected] Hold HDFC [email protected] Hold ASHOK [email protected] Hold DEEPAK [email protected] Hold [email protected] Hold [email protected] Hold [email protected] Hold SINTEX INDUSTRIES.346 @34 Exit SINTEX PLASTICS.346 Exit SBI.95 @ 295 Hold [email protected] Hold [email protected] Exit YES [email protected] Exit [email protected] Hold NIPPON [email protected] Hold KOTAK MAHINDRA [email protected] Hold P Satish Chandra : Two months back I purchased the stocks listed below. I invested in them with my idle amount as a long term investment (more than 10 years also, i can wait). Kindly … [Read more...] about ASK AJIT: ‘Want to invest Rs 20 lakh in 10-12 stocks’
'I am new to investment.' Illustration: Uttam Ghosh/ Rediff.com Ajit Mishra , vice president, Research, Religare Broking, answers your queries: Venkatesh Ramanath : Please advice: Holding 100 shares of I.O.L @877. Ajit Mishra : Exit the stock Amit Agarwal : Want suggestions for following whether or hold, sell or average out. Ajit Mishra : Tata motors [email protected] 135 Hold Karnataka Bank [email protected] 87 Exit Meghmani organic [email protected] 84 Exit Tamil Nadu petroproducts [email protected] 73 Exit Adf food [email protected] Exit Archidply industries [email protected] Exit MEP infrastructure [email protected] Exit Den network [email protected] 136 Exit Engineers India [email protected] 102 Exit Arindam Datta : I am new to investment. Just a learner. Hence you will find lot of mistakes in my stock picks and timing. Please suggest my actions, keeping in mind a probable market crash. Please suggest your advice. Ajit Mishra : Alkyle Amines @ 3081 Hold Bajaj Finance @ 3469 Hold … [Read more...] about Ask Ajit: Stocks to buy, sell, or hold
Illustration: Dominic Xavier/ Rediff.com Ajit Mishra , vice president, Research, Religare Broking, answers your queries: Rajesh Samal : I am holding some 1000 shares each of Yes Bank @ 90 / Share and Future retail Retail @ Rs 112 besides some other shares. Can you please suggest the potential of these shares in future (Coming 3-6 months)? Ajit Mishra : Better to exit yes bank and future retail and switch on to some large private banks and pharma counters. Prakash pradhan : I have the following shares with me. And I'll accumulate the ones you advice. During the last dip I have invested more on the first tens. Mine is long term. Around 10 years or more. Should I change in any of them? Since 2004 both Infosys & RIL has given a good return. My planning is to accumulate little more. Please advice. Ajit Mishra : RIL – Hold GAIL - Hold HDFC Bank - Hold Bajaj Finance - Hold State Bank - Hold TCS - Hold Infosys - Hold Century Textiles - Avoid … [Read more...] about Just started investing in stocks? Here’s some advice
Illustration: Dominic Xavier/ Rediff.com Ajit Mishra , vice president, Research, Religare Broking, answers your queries: HEMANT UDAWANT : Dear Sir, I'm holding following stocks. Please advise on whether I should hold/average out/exit. Ajit Mishra : - Idea, [email protected] - Exit - JP Asso., [email protected] - Exit - PFC, [email protected] - Hold - L&TFH, [email protected] - Hold - PNB, [email protected] - Exit manish shah : Please advice Ajit Mishra : V Gaurd-- 184/- - Exit H.L.Hariharan : I have the following shares. Can I hold these two? Ajit Mishra : 1. Manappuram finance 3000nos. - Hold mugdha kale : Please let me know your opinion regarding holding the following stocks. All these are in negative in the portfolio Ajit Mishra : GANESH ASHOK PAWAR : Need your help. I have below holding and bought recently in last two months time. Would like to know your opinion for same. Whether to hold and for what period, also which scripts to buy more to … [Read more...] about Should you accumulate this stock for 15-20 years?