Teamlease Services Staffing Firm

Staffing firm TeamLease Services Limited on Tuesday announced signing of a definitive agreement to acquire NichePro Technologies (NichePro) for an enterprise value of about Rs 29.5 crore.

HDFC Mutual Fund has increased shareholding in staffing firm Teamlease Services by 2.2 per cent to nearly 9 per cent by purchasing shares via open market.

India Inc is expected to hire more people but pay moderately, with the average salary hike this fiscal year likely to range between 11 per cent and 13 per cent across industries and functions, staffing services firm TeamLease said in a report.

Shares of staffing firm TeamLease Services debuted at the bourses today and touched a high of Rs 1,026, reflecting a sharp gain of nearly 21 per cent over the issue price of Rs 850.

Staffing firm TeamLease Services, which raised Rs 423 crore through its initial public offer (IPO), will list its shares on the stock exchanges on Friday. The equity shares will be listed on stock exchanges NSE and BSE.

The initial public offer of staffing firm TeamLease Services was subscribed 17 per cent on the first day of the issue on Tuesday.

A day before its IPO, staffing firm TeamLease Services on Monday raised Rs 190 crore through issue of shares to 15 anchor investors, including Goldman Sachs and Merrill Lynch.

IT sector hiring is expected to see a significant uptrend this year as more and more companies focus on digitisation and the sector is likely to create 2.5 lakh new job openings this year, according to a report by staffing services firm Teamlease Services.

Staffing firm TeamLease Services will hit the capital market early next month to raise an estimated Rs 450-500 crore through an initial public offering.

Staffing firm TeamLease Services has received approval of the Securities and Exchange Board of India (Sebi) for its initial public offer (IPO) through which it is likely to raise an estimated Rs 450-500 crore.

Staffing firm TeamLease Services Limited on Tuesday announced signing of a definitive agreement to acquire NichePro Technologies (NichePro) for an enterprise value of about Rs 29.5 crore.

HDFC Mutual Fund has increased shareholding in staffing firm Teamlease Services by 2.2 per cent to nearly 9 per cent by purchasing shares via open market.

India Inc is expected to hire more people but pay moderately, with the average salary hike this fiscal year likely to range between 11 per cent and 13 per cent across industries and functions, staffing services firm TeamLease said in a report.

Shares of staffing firm TeamLease Services debuted at the bourses today and touched a high of Rs 1,026, reflecting a sharp gain of nearly 21 per cent over the issue price of Rs 850.

Staffing firm TeamLease Services, which raised Rs 423 crore through its initial public offer (IPO), will list its shares on the stock exchanges on Friday. The equity shares will be listed on stock exchanges NSE and BSE.

The initial public offer of staffing firm TeamLease Services was subscribed 17 per cent on the first day of the issue on Tuesday.

A day before its IPO, staffing firm TeamLease Services on Monday raised Rs 190 crore through issue of shares to 15 anchor investors, including Goldman Sachs and Merrill Lynch.

IT sector hiring is expected to see a significant uptrend this year as more and more companies focus on digitisation and the sector is likely to create 2.5 lakh new job openings this year, according to a report by staffing services firm Teamlease Services.

Staffing firm TeamLease Services will hit the capital market early next month to raise an estimated Rs 450-500 crore through an initial public offering.

Staffing firm TeamLease Services has received approval of the Securities and Exchange Board of India (Sebi) for its initial public offer (IPO) through which it is likely to raise an estimated Rs 450-500 crore.