TeamLease Services block deal: Goldman Sachs sells shares worth Rs 17 crore in smallcap stock

TeamLease Services block deal: Goldman Sachs sells shares worth Rs 17 crore in smallcap stock

Goldman Sachs on Tuesday sold 89,314 shares worth Rs 17.5 crore in smallcap stock Teamlease Services via a block deal. The shares were sold via Goldman Sachs Funds – Goldman Sachs India Equity Portfolio at a price of Rs 1,960 per share. Goldman Sachs holds stake in TeamLease Services via three funds, namely Goldman Sachs … Read more

Manufacturing, services log 8.27 per cent attrition in Q3: Report

Manufacturing, services log 8.27 per cent attrition in Q3: Report

The average attrition rate across manufacturing and services industries increased sequentially to 8.27 per cent in the October-December quarter, a report said on Monday. With a continuance of the ‘Great Churn’, attrition across industries witnessed a 0.46 percentage point increase from an average of 7.81 per cent in the second quarter to 8.27 per cent … Read more

There is no Diet Coke employment; you can’t have security of permanent employment & moonlight too: Manish Sabharwal, Teamlease

There is no Diet Coke employment; you can’t have security of permanent employment & moonlight too: Manish Sabharwal, Teamlease

“There is no Diet Coke employment; you cannot have the taste without the calories. If you want to work for a big company, have the predictability, have the security, have the community. You want to freelance, you are welcome to have the flexibility, you are welcome to have the uncertainty but then do not expect … Read more

Reversing trend: Jobs in Indian companies attract resumes from abroad

Reversing trend: Jobs in Indian companies attract resumes from abroad

(This story originally appeared in on Aug 13, 2020) MUMBAI: When TeamLease Services recently advertised for an opening in a marketing role at the recruitment firm, it was surprised to receive a response from candidates not only across India but from the US as well. Both employers and employees have recognised the potential of working … Read more