ADITYA MISHRA

Stock Radar: Aditya Birla Capital bounces from 50-week MA, likely to hit fresh 52-week highs; time to buy?

Aditya Birla Capital, part of the financial services space, could surpass 200 levels and reach a fresh 52-week high if the momentum sustains. Short-term traders can accumulate the stock for a bounce back towards 200 levels in the next 1-2 months, as the stock is trading well above most of the crucial short- and long-term moving averages.

White-collar hiring down 6 per cent in 2023

Companies in several sectors tightened their hiring funnel amid global macroeconomic headwinds and prolonged geopolitical uncertainties even as sectors that have seen business growth in the last one year, including oil & gas, power, infrastructure, energy, BFSI, travel, and real estate, recorded double-digit growth in hiring numbers, data showed.

ICC Men’s World Cup ‘23: PM Modi, Dhoni & Ayushmann Khurrana to attend; Pritam, Aditya Gadhvi to perform on floating vehicles

​The final chapter of the ICC Men’s Cricket World Cup will take place at India’s largest stadium, the Narendra Modi Cricket Stadium in Ahmedabad.

Entuple, Aditya Auto form JV to set up manufacturing units to supply electric traction hub, mid-drive motors

Entuple E-Mobility and Aditya Auto have partnered to establish manufacturing facilities in Bangalore to produce electric traction hubs and mid-drive motors. The joint venture will be funded through equity contributions, and the facility will have a manufacturing capacity of 2,70,000 units per annum of hub motors and 2,25,000 units per annum of mid-drive motors. Production is expected to begin next month for hub motors and in December for mid-drive motors.

Prosus & Naspers CEO Bob van Dijk steps down abruptly; Zomato hits 52-week high

It’s been a day for top-level exits. The really big one: Bob van Dijk, CEO of Dutch-listed technology investment firm Prosus and its parent Naspers, has stepped down in a sudden move.

Startups, e-commerce companies may give fresh faces a miss this year

Startups and ecommerce companies in India are expected to reduce their campus hiring for the Class of 2024 due to a lack of visibility caused by funding challenges and cost-cutting measures. A survey conducted by Ciel HR Services revealed that campus hiring by startups in 2023 is likely to decline by 35%. While companies in sectors such as direct-to-consumer, electric vehicles, logistics, and product will still recruit from campuses, the focus will be on candidates with specialized skills from Tier-1 and Tier-2 colleges.

These 24 smallcap funds giving high returns in FY24 chased 52 multibaggers; did you bet on any?

Between midcap and smallcap funds, the latter has seen the highest inflows in 2023 to the tune of Rs 26,305 crore. On the contrary, largecap funds have seen net outflows of Rs 3,607 crore in the same period.

Mapping moon madness: Rs 615 crore Chandrayaan-3 creates Rs 31,000 crore stock rally

In the first four trading days of the week, the combined market capitalisation of a group of 13 space-related stocks has skyrocketed by over Rs 30,700 crore. Shares of the little-known smallcap company Centum Electronics, which supplied critical modules and systems to ISRO for Chandrayaan-3, have zoomed 26% in the week.

Stability a major concern, 50 pc of gig workforce interested in full-time jobs: Report

A half of the gig workforce surveyed is interested in full-time employment with stability a major concern among them, according to a report. Over 50 per cent of gig workers, also known as temporary workers, who were a part of the survey, said they will eventually pursue full-time employment, according to the report by staffing firm Ciel HR Services, which was released on Friday.

Nifty set to hit new highs soon: Analysts

​Nifty concluded last week with a 1.4% surge, extending its streak of eight consecutive weeks of new highs and record closing highs. The daily chart reveals a breakout within the 18,750- 18,350 range, indicating favorable conditions for continued bullish momentum as the index prepares to touch fresh all-time highs.

Ending work from home option for employees came at a cost for TCS

TCS has seen a sharp drop in the average learning hours per employee due to the mandate that employees report to the office for at least three days a week. As per its annual report, the average learning hours dropped to 82 in FY23 as against 121 hours in FY22. Among mid-level employees, the average learning hours dropped from 50 in FY22 to 40 in FY23.

Stock Radar: Hit 52-week high in May! Aditya Birla Capital is a buy-on-dip stock; here's why

Financial services firm Aditya Birla Capital's stock has since bounced back after finding support at its 50-day moving average, the stock price is now consolidating. Traders with a high appetite for risk can purchase the stock, according to experts, with a possible short-term target of Rs 200.

Stock Radar: Hit 52-week high in May! Aditya Birla Capital is a buy-on-dip stock; here's why

Financial services firm Aditya Birla Capital's stock has since bounced back after finding support at its 50-day moving average, the stock price is now consolidating. Traders with a high appetite for risk can purchase the stock, according to experts, with a possible short-term target of Rs 200.

AI will see many repetitive, routine tasks with simple decision-making getting eliminated: Ciel HR Services CEO

AI technology is expected to impact jobs that are repetitive in nature, such as administrative, secretarial, and customer service roles. However, according to Aditya Narayan Mishra, CEO of Ciel HR Services, individuals can prepare for these changes by upskilling themselves to take on more complex jobs that require decision-making skills. He notes that while some jobs may be automated, others will be created, and corporates will likely invest in upskilling their employees to stay ahead of the curve.

Gig economy for social good, it must be promoted: Aditya Narayan Mishra

So, I think these are some of these long-term issues which are linked here. We all know that in the startup ecosystem, organisations are today under various kinds of pressures.

UBS take over of Credit Suisse may impact less than 20% jobs in India

"We could see a reduction of 15-20% of the headcount affecting about 3,000 people in India," Aditya Mishra, chief executive of CIEL HR Services, told ET. CIEL estimates that the two banks employ more than 16,000 people in India. News of the merger of the two largest banks in Switzerland to avert the collapse of Credit Suisse have made their employees jittery and experts said almost 40% of them are already looking out.

Meta needs little more injection of innovation: Aditya Narayan Mishra

If this delayering really helps them, sometimes it does, innovation becomes easier when the organisation gets delayed; however, it needs careful navigation. I hope that Meta is able to navigate that.

Stock Radar: Buy AB Capital for a target of Rs 175 in 2-4 weeks, says Ajit Mishra

When is the right time to take a career break & what to expect after you return to work?

In my mind, anytime is a good time as long as one is very clear that the passion of having taken alternate career or to start something is meaningfully and carefully chosen and the financials to back up one’s plans as well as one’s absence of the regular income stream is planned well.

Decline in hiring by Indian startups: study

Hiring by Indian start-ups declined by 44 per cent during the last quarter of 2022 as compared to the first quarter that year, said human resources consultancy company CIEL HR Services.

Sensex & Nifty targets, market prediction, top stock picks from 10 brokerages for your 2023 portfolio

Top stock picks: The brokerage is bullish on private banks, insurance, select industrials, consumer discretionary, automobiles and telcos. Stocks in its portfolio include Maruti Suzuki, M&M, Sun Pharmaceutical, Fortis Healthcare, Bharti Airtel, HDFC Bank, ICICI Bank, Axis Bank and SBI Life Insurance.

CIEL HR services expects to file DRHP by Q1 of next fiscal: Official

"Very much (it is on track). First component is, we wanted to raise Rs 20 crore but we actually raised Rs 23 crore of which Rs 17 crore was through equity and Rs 6 crore by means of CCD (compulsory convertible debenture). Second, we are into private equity raise which is on track right now.

Women’s participation in MSME sector at 24%, higher than other industries: Study

The survey also revealed that engineering, operations and sales/business development are the major business functions in the MSME sector.