Indian staffer Teamlease jumps after budget pledges incentives for employers
23/07/2024 07:04
** Shares of staffing firm Teamlease Services Ltd TLSV.NS
rise as much as 5.5% to 3,070 rupees
** Indian government proposes three schemes for
employment-linked incentives in federal budget to incentivise
formal sector employment
** Stock was up 0.6% before announcement
** More than 100,000 shares traded, 2.1x 30-day avg volume
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
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