New Delhi, April 28 (IANS) Staffing services provider TeamLease Services has received a show-cause notice from the Employees’ Provident Fund Organisation (EPFO) over an alleged fund management dispute involving about Rs 185 crore, the company said in an exchange filing on Tuesday.The notice — dated April 13 and received on April 23 — flagged certain contraventions related to the administration and management of funds by the Employees’ Provident Fund Trust.According to the filing, major obser…
Latest TeamLease Services News & Updates
New Delhi, April 28 (IANS) India’s Manufacturing, Engineering and Infrastructure (MEI) sector recorded a Net Employment Change of 6.6 per cent for HY1 FY2026–27 up from 5.5 per cent in prior year, a report said on Tuesday.Around 70 per cent of employers plan workforce expansion as hiring intent has strengthened and the sector ranks among the top three industries by hiring intent nationally, the report from TeamLease Services said.Balasubramanian A, Senior Vice President, TeamLease Services, …
New Delhi, March 25 (IANS) India’s e-commerce and healthcare sectors lead hiring activity in the first half of FY 2026–27, even as digital skills continue to see strong demand across industries, according to a report released on Wednesday.The report by TeamLease Services highlighted that sector-wise, hiring demand is led by e-commerce and tech startups with a net employment change (NEC) of 8.9 per cent, followed by healthcare and pharmaceuticals at seven per cent, and manufacturing, engineerin…
New Delhi, Jan 20 (IANS) Around 81 per cent of employers in India said they were aware of the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), with large organisations accounting for 83 per cent of this awareness, a report said on Tuesday.The staffing conglomerate TeamLease Services stated in the report that only 5.4 per cent of start-ups and micro businesses, which stand to benefit most from hiring incentives of up to Rs 3,000 per employee per month, were aware of the scheme.Through PM-VBR…