India's TeamLease posts 31% quarterly profit rise on GCC hiring

India’s TeamLease Services reported a 31.4% rise in first-quarter net profit on Wednesday, led by growth in its specialised staffing business, which provides IT and telecom staffing services primarily to Global Capability Centres (GCCs). The staffing services provider’s consolidated net profit rose to 348.7 million rupees ($3.65 million) for the quarter ended June 30, from 265.4 million rupees ...